Angola
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...
2008-08-14Companies
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,...
2008-08-13Economy
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...
2008-08-11Companies
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...
2008-07-29Economy
Angola may re-launch its delayed licensing round in 2009, according to a senior energy official.
2008-07-03Companies
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...
2008-06-16Companies
Italian major Eni has announced an 'important' deepwater oil discovery offshore Angola in partnership with state-controlled Sonangol.
2008-05-06Companies
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
