cobalt

  • Cobalt, Sonangol Deal Falls Through

    Cobalt, Sonangol Deal Falls Through

    Tuesday, 23rd August 2016
    The US firm, Cobalt International Energy Inc, announced that the proposed $1.75b sale of a 40% stake in two offshore oil blocks in Angola to the state oil company, Sonangol, has automatically ended, after failing to obtain government approvals within the last 12-months.
  • Angola Discovers More Gas In the Sea

    Angola Discovers More Gas In the Sea

    Tuesday, 10th May 2016
    The US company Cobalt International has made a “significant” discovery of condensates and natural gas in the Zalophus # 1 well in Block 20 in the Angolan sea. The exploitation would yield 2mbp/d for three years.
  • Houstan Firm Sells Angolan Assets during Corruption Investigation

    Houstan Firm Sells Angolan Assets during Corruption Investigation

    Wednesday, 26th August 2015
    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