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Angola

Thanks to Sonangol, Luanda cronies get slice of block 2/05

Up to now present only on blocks 17/05 (5%) and 33 (16%), the local firm Falcon Oil Holding Angola has [...]

Subscribers only Energy 08.03.2016

Continental shelf: Dos Santos plays cat & mouse with Bongo

A dispute between Angola and Gabon over the extension of [...]

Subscribers only Energy 08.03.2016

The authorities upgrade the Tchihumbwe dam

According to Angola’s energy ministry, the Tchihumbwe dam (12.4 MW) [...]

Subscribers only Energy 08.03.2016

White Rose Genel pulls out of ill-stared Kwanza basin

Angolan oil minister Jose Maria Botelho de Vasconcelos recently signed two decrees allowing the consortium White Rose Genel Angola to [...]

Subscribers only Energy 23.02.2016

European Commission won't let Isabel dos Santos off the hook

An inquiry by the European Commission into how Isabel dos Santos, daughter of Angolan president Jose Eduardo dos Santos, bought [...]

Subscribers only Energy 23.02.2016

Somoil on a roll in Luanda

Holding a 15% stake on the onshore Fina-Sonangol-Texaco block (FST) [...]

Subscribers only Energy 23.02.2016

Iran’s Petropars sent packing for failing to pay up

Late last year the Iranian firm Petropars was ejected from [...]

Subscribers only Energy 23.02.2016

Match between Vieira de Almeida and Miranda in the oil sector

After six partners of the Portuguese law firm Miranda & [...]

Subscribers only Energy 23.02.2016

The people behind the mysterious Sinoangol firm

Sinoangol, a joint venture between state-owned Chinese and Angolan groups, is making discreet headway in Sao Tome’s offshore.

Subscribers only Energy 09.02.2016

Isabel dos Santos takes charge of oil and gas

Threatened by a collapse in its revenue, the Angolan government has set out timidly on the road to reforms - but with its people in charge.

Subscribers only Energy 09.02.2016

Overhaul continues in Luanda’s power sector

Launched nearly a year ago, the shake-up of Angola’s power branch (AEI 740) is gaining momentum. On Jan. 27 the [...]

Subscribers only Energy 09.02.2016

Sonangol tells Total and Chevron to put up more money

Sonangol is trying to set the spur to new exploration on blocks 14 and 17 in order to boost resources and investment.

Subscribers only Energy 09.02.2016

In addition to layoffs, BP cuts back on contracts

The American engineering group that specializes in offshore services, Oceaneering, [...]

Subscribers only Energy 09.02.2016

Carlos Sumbula champions OPEC-type move to spur diamond prices

The chairman of state-owned Endiama’s board, Carlos Sumbula, is the flag-bearer of an initiative by diamond producing nations in mid-January [...]

Subscribers only Mining 02.02.2016

Total trims its local payroll

While Britain’s BP has been firing people in droves, Total has trimmed its payroll more discreetly but just as substantially.

Free access Energy 26.01.2016

Government cronies and newcomers in offshore grab

In its bidding round concerning the Congo and Kwanza basins, Sonangol clearly preferred to hand acreage to pals of the [...]

Subscribers only Energy 12.01.2016

Banks line up to back ENI’s projects

The Angolan government and state-owned Sonangol have every reason to [...]

Subscribers only Energy 12.01.2016

Hong Bo makes pitch with Queiroz

As sponsor of Plano Nacional de Geologia (Planageo), Angola’s national [...]

Subscribers only Mining 05.01.2016

Hat trick for Harkand with Chevron in Cabinda

Already active in Nigeria and Ghana, the Scottish maritime services [...]

Subscribers only Energy 22.12.2015

Higino Carneiro’s cast iron gear turns up

Expected in October in the port of Lobito, equipment for [...]

Subscribers only Mining 15.12.2015

Chevron on time in Lianzi

Operator on the Lianzi field, Chevron has firmly kept to [...]

Subscribers only Energy 08.12.2015

Disappointed with Kwanza basin, Columbia’s Ecopetrol pulls out

The investment strategy of the state-owned Colombian oil company Ecopetrol [...]

Subscribers only Energy 08.12.2015

Clean sweep for Portuguese on Lauca dam

Several Portuguese companies have won contracts worth €720 million from Brazil’s Odebrecht group, which is building the Lauca dam (2070 [...]

Subscribers only Energy 24.11.2015

Dos Santos gives thumbs up to China International Fund

The legal woes of Sam Pa, chairman of China International [...]

Subscribers only Energy 24.11.2015

Out-of-court settlement in Lucapa diamond wrangle

According to sources at Sociedade Portutguesa de Empreendimentos (SPE) in Lisbon the company finally reached an amicable settlement with Angola’s [...]

Subscribers only Mining 17.11.2015

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