Angola | Egypt Oil & Gas - Part 6
BP Grew Oil Production Offshore Angola
BP Angola has announced that the Grande Plutonio production field, located in Block 18 in Angola’s offshore, reached a new production milestone of 500m barrels of oil.
Sonangol Delayed Cash-Calls to Oil Majors
Angola's state oil company Sonangol has amassed hundreds of millions of dollars in debts and deferred payments to oil majors and contractors while dos Santos attempts to reform its operations.
Lianzi Field’s Oil Output Declined to 23,000b/d
The oil production at the Lianzi field, as result from a shared agreement between Angola and Congo Brazzaville, dropped from 31,000b/d to 23,000b/d.
Angola, Nigeria Shipped Crude to Argentina
Two tankers carrying 3m barrels of Nigerian and Angolan crudes set sail in November to Argentina to feed its domestic refining network, pushing the country's imports close to 2015's level.
Angola to Export 1.61mb/d of Crude
Angola plans to export at least 1.61mb/d of crude oil in January, according to a preliminary export plan. West Africa Grew Crude Exports
West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge.
Vaalco Exited Angola
Houston’s Vaalco Energy exited the Angolan market, discontinuing all operations, as the company picked up stake in Etame off Gabon during the third quarter of 2016, narrowing its focus and reducing costs.
Mafumeira Sul field Began Oil Output
Angolan state oil company Sonangol and its partners including oil major Chevron have started production at the Mafumeira Sul oil field with an initial output of 10,000b/d.
