News
13 October 2021

No bids from western majors for Sonangol's Angolan acreage

In:
Oil & gas
Region:
Middle East & Africa

No western majors have bid to acquire stakes in acreage made available offshore Angola by state-owned Sonangol, with the list of contenders instead dominated by junior players. Sonangol has to scale back its interests in eight shallow and deep-water blocks due to financial issues and began a...

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