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Angola

Angola Articles

Companies

After Marathon Oil received a top bid of US$1.8bn for a 20% stake in Angola's deepwater Block 32, the company is now hoping to push the price higher to US$2bn, according to sources... 2008-08-14


Companies

US major ExxonMobil's Angolan subsidiary Esso Exploration Angola has started oil production at the Saxi and Batuque fields, part of the Kizomba C development located on Block 15,... 2008-08-13


Economy

Houston-based oil producer and refiner Marathon Oil is selling a 20% stake in Angola's deepwater Block 32. The stake is expected to fetch around US$2bn and has sparked a flurry of... 2008-08-11


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Companies

Sociedade Nacional de Combustíveis de Angola (Sonangol) has given British major BP and its partners permission to develop a series of deepwater oil discoveries in Angolan's offshore... 2008-07-29


Economy

Angola may re-launch its delayed licensing round in 2009, according to a senior energy official.

2008-07-03

Companies

Saudi Arabia has announced that it will boost output to 9.7mn barrels per day (b/d) in July. This would represent a rise of 550,000b/d since April and would increase Saudi's production... 2008-06-16


Companies

Italian major Eni has announced an 'important' deepwater oil discovery offshore Angola in partnership with state-controlled Sonangol.

2008-05-06

Companies

In spite of a production quota designed to limit the country's oil output to 1.9mn barrels per day (b/d), Angola has confirmed its intention to raise crude supply to at least 2mn... 2008-03-19

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