Angola

BMI View: An agreement signed between TGS and Sonangol to acquire 3D multi-client seismic surveys covering 12, 500sq km of acreage indicates that Angola's subsalt upstream is about... 2012-01-20

Maersk Oil's Kwanza basin discovery is good news for the company and good news for successful bidders in Angola's latest licensing round. Though far from fully appraised, the block... 2012-01-04

BMI View: The licenses awarded during Angola's 2011 subsalt round and the production sharing agreements recently signed are a clear indication that international oil companies have... 2011-12-21

BMI View: The announcement that Angola LNG is on schedule to deliver its first volumes of gas in 2012 proves that the backers of this project remain confident that it can thrive, despite... 2011-11-28

BMI View: Reports that Pertamina and CNC are considering buying Marathon's 10% stake in Angola's Block 32 are in line with strategies implemented by the two Asian companies. There is... 2011-11-07

BMI View: With several new projects such as Pazflor (220,000b/d ) and PSVM (150,000b/d) expected to come on stream in the next few years, we see Angolan oil output rising substantially... 2011-11-04

French major Total has brought its giant Pazflor offshore oil field onstream ahead of schedule. The project is one of the largest developments in Sub-Saharan Africa, and will help strengthen... 2011-08-30

Shares in Cobalt International Energy fell on July 27 2011 after the company reported a net loss of US$19.5mn in Q211. Worrying for investors was Cobalt's announcement that its July... 2011-07-28

Angola is planning a third refinery, in the northern province of Zaire, according to an announcement by oil minister Botelho de Vasconcelos in the state-run ANGOP press agency.

Angola, which is already Sub-Saharan Africa's second-largest oil producer, is set for several years of rapid production growth that will see output near 3mn b/d by 2016.