Angola's Finance Minister announced that his country will meet with investors in the US and Europe starting October 26 to promote its first Eurobond sale
FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub
The Angolan state oil company Sonangol issued a statement that it is expected to award concessions and sign contracts with contractor groups in 45 days time
Angola's Oil minister, Botelho de Vasconcelos, urged that his country's petroleum sector show a greater commitment with a view to meeting the new challenges of the oil industry
Angola is unlikely to produce 2 million barrels of oil per day in 2016, said the office of economic and financial studies of the Portuguese bank BPI, adding that this is “an overly optimistic goal."
A series of measures introduced by Angola’s government in recent years has pushed production costs up as much as $500m annually and the country risks losing investment from foreign oil companies.
The problems in developing the continent of Africa due to lack of resources was highlighted during the welcoming speech of the President of the African Group, and Minister of Finance of Angola, Armando Manuel, at Lua ...
Angola’s state-owned oil company Sonangol agreed to acquire Cobalt International Energy Inc.’s 40% interest in its offshore Angolan discoveries for $1.75b