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ANGOLA

Somoil recruits senior staff and seeks out partners for 2/05 block

With the price of oil on the rise for the past year, the ruling MPLA party's favourite firm has ambitious plans to beef up production. [...] (284 words)

Issue dated 21/08/2018 Reading time 2 minutes

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ANGOLA
Acrep
Antonio Mosquito
Chevron
Daniel Rocha
David Viela
Falcon Oil
GE
Kotoil
Manuel Vicente
MPLA
Poliedro
Prodoil
Schlumberger
Sebastiao Pai Querido Gaspar Martins
Sinopec
Somoil
Sonangol
Sonangol P&P

Amni pulls out of Espadarte financing deal with Somoil

Somoil's hopes of having Amni finance part of the development of the Espadarte oil and gas field on Angolan block 2/05 have been dashed. [...]

ANGOLA 21/01/2020

Threat worsens for Somoil under Lourenço's watch

The junior in vogue during José Eduardo Dos Santos' era is well aware that the new regime will be not be as lenient. [...]

ANGOLA 19/11/2019

Somoil: Amni still hesitating to develop Espadarte

The Nigerian junior is dragging its feet about signing a final agreement with the most connected of Angolan firms. [...]

ANGOLA 06/11/2019

Mosquito takes control of Kwanza Invest

Although the Swiss-Angolan businessman Jean-Claude Bastos de Morais is once [...]

Spotlight

ANGOLA NIGERIA 24/09/2019

How Shell tucked in behind Somoil for Angolan comeback

To cover the missing funds for the development of its block 2/05, Somoil, an Angolan junior oil company founded during Eduardo Dos Santos's era by the former vice president Manuel Vicente and minister of petroleum at the time Desiderio da [. [...]

Spotlight

ANGOLA 26/02/2019

Sonangol draws up inventory of blocks to peddle to majors

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 [. [...]

ANGOLA 02/10/2018

Who are the former Elf execs pampering Somoil in Geneva?

The most powerful private Angolan oil & gas firm appears to have blind faith in former executives of the French major. [...]

ANGOLA 22/05/2018

Switch in top role for the most pro-MPLA of oil firms, Somoil

Founded in the shadow of the Angolan ruling party's bigwigs, Somoil is restructuring little by little. [...]

ANGOLA 30/05/2017

Sonangol: Isabel dos Santos clears out Lemos period

The cancellation of the sale of blocks in the Congo and Kwanza basins sheds a bright light on how Sonangol has been managed recently. [...]

ANGOLA 22/03/2016

Block 2/05 partly swallows 2/85

In early March, Angolan oil minister Jose Maria Botelho de [...]

ANGOLA 08/03/2016

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 [...]

ANGOLA 12/01/2016

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 [...]

Spotlight

ANGOLA 31/01/2012

Dos Santos forced to share the cake

The ruling MPLA party won’t be in any danger of losing power in legislative elections at the end of this year but the day is fast approaching when Luanda will have to give others as bigger piece of Angola’s oil [. [...]

ANGOLA 27/02/2007

H Oil Quietly Makes its Way

A discreet company owned by Jacques and Alvaro Hachuel and going by the name of H Oil recently debuted in south Sudan but is also present in Angola's offshore. [...]

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ANGOLA
Acrep
Antonio Mosquito
Chevron
Daniel Rocha
David Viela
Falcon Oil
GE
Kotoil
Manuel Vicente
MPLA
Poliedro
Prodoil
Schlumberger
Sebastiao Pai Querido Gaspar Martins
Sinopec
Somoil
Sonangol
Sonangol P&P

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Somoil recruits senior staff and seeks out partners for 2/05 block

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Amni pulls out of Espadarte financing deal with Somoil

Threat worsens for Somoil under Lourenço's watch

Somoil: Amni still hesitating to develop Espadarte

Mosquito takes control of Kwanza Invest

How Shell tucked in behind Somoil for Angolan comeback

Sonangol draws up inventory of blocks to peddle to majors

Who are the former Elf execs pampering Somoil in Geneva?

Switch in top role for the most pro-MPLA of oil firms, Somoil

Sonangol: Isabel dos Santos clears out Lemos period

Block 2/05 partly swallows 2/85

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

Government cronies and newcomers in offshore grab

Dos Santos forced to share the cake

H Oil Quietly Makes its Way

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Chad, Togo and Ivory Coast vie for blue helmet contracts

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Somoil recruits senior staff and seeks out partners for 2/05 block

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Receive free prompts for these topics

Amni pulls out of Espadarte financing deal with Somoil

Threat worsens for Somoil under Lourenço's watch

Somoil: Amni still hesitating to develop Espadarte

Mosquito takes control of Kwanza Invest

How Shell tucked in behind Somoil for Angolan comeback

Sonangol draws up inventory of blocks to peddle to majors

Who are the former Elf execs pampering Somoil in Geneva?

Switch in top role for the most pro-MPLA of oil firms, Somoil

Sonangol: Isabel dos Santos clears out Lemos period

Block 2/05 partly swallows 2/85

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

Government cronies and newcomers in offshore grab

Dos Santos forced to share the cake

H Oil Quietly Makes its Way

Receive free prompts for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: