Are the bonuses enough to keep Exxon and ENI on their blocks?
Though in desperate need of cash, the Angolan president is baiting oil firms with tax cuts to get them to stay. [...]
Angola's financially precarious state-owned firm Sonangol has discreetly launched a vast campaign to sell some of its producing offshore blocks. Block 32 - As Africa Energy Intelligence understands, Sonangol opened a data room in December in Luanda to present block [. [...]
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