https://newsletter.en.creamermedia.com
Exploration|Gas|Petroleum|Operations
Exploration|Gas|Petroleum|Operations
exploration|gas|petroleum|operations

Sonangol awards ten blocks for production, exploration

11th April 2022

By: Donna Slater

Senior Deputy Editor: Features and Chief Photographer

     

Font size: - +

Angolan State-owned petroleum and natural gas producer Sonangol has performed an evaluation of submitted proposals for the partial sale of its participating interests in Blocks 3/05, 4/05, 5/06, 15/06, 18, 23, 27 and 31, following a public tender.

As such, Sonangol has selected and certified ten proposals during the due diligence process that started on September 20, 2021, and ended on January 27 this year.

Under the terms of the tender, the certified companies for blocks in production include Afentra (20% of operations) in Block 3/05, Namcor, Sequa and Petrolog (10% of operations) in Block 15/06, Somoil and Sirius (8.5% of operations) in Block 18 and Somoil and Sirius (10% of operations) in Block 31.

The blocks for exploration granted are Block 23 to Namcor, Sequa and Petrolog (jointly being 40% operators) and Afentra also operating 40%; and Block 27 with Namcor, Sequa and Petrolog being joint 35% operators, while Somoil and Sirius hold 25% of operations. 

The partial farm down of participating interests of these concessions is part of Sonangol’s repositioning strategy.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest Multimedia

Latest News

Sasol's Sasolburg operation
Sasol half-year profit down 34% on lower oil, chemical prices
Updated 1 hour 20 minutes ago By: Reuters

Showroom

AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 
AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.238 0.343s - 189pq - 2rq
Subscribe Now