Sonangol awards ten blocks for production, exploration
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.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation