Your account has been succesfully created.

Subscribe now

ANGOLA

Isabel dos Santos has trouble licking Sonangol into shape

Embroiled in financial and judicial wrangles, the head of Sonangol, is finding it hard to push through reforms in the oil sector. She’s compensating by publicizing her activities. [...] (318 words)

Issue dated 29/11/2016 Reading time 2 minutes

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

2 options offered to continue reading

e-wallet

from EUR/USD 50

Only buy articles you are interested in

ANNUAL SUBSCRIPTION

Unlimited access to the website

See our rates

Choose the option that suits you best: Compare all of our offers!

Do you want a free trial before subscribing?

Create your free account

Do you want a free trial before subscribing?

create a free account

Energy

Angola LNG Marketing welcomes a Sonagas senior

Angolan national Manuel Barros recently joined the board of the London-based Angola LNG Marketing that sells Angola LNG's LNG production [...]

MOZAMBIQUE Energy 03/03/2020

Worley's love for PwC shines in Maputo

The Australian consultancy and engineering firm Worley, which has won two contracts with Total for the French major's Mozambican LNG [...]

ANGOLA Energy 10/09/2019

Joao Lourenco keeps eye on Sonangol, Total and Chevron

After auditing the accounts of oil firms for the 2014-2017 period, the Angolan head of state has kept the pressure up by asking for a new report for fiscal years 2018 and 2019. [...]

ANGOLA Energy 12/03/2019

Oil majors take Angola LNG leadership to task

2019 should be a decisive year for the joint venture Angola LNG (ALNG), which has operated the Soyo LNG plant [...]

ANGOLA Energy 27/11/2018

After Exxon and Total, Chevron wants its share

After watching ExxonMobil and Total make various upstream and distribution investments in Angola over the past months (AEI 825), American [...]

ANGOLA DRC Energy 16/10/2018

Angola LNG pipelines: Chevron makes room for Sonangol

The American major has stepped aside to let the Angolan state-owned firm take the lead role in dealing with Kinshasa to manage Angola LNG's transit rights for its pipelines in Congolese waters. [...]

ANGOLA Energy 05/06/2018

Oil & gas: Major companies to benefit from Joao Lourenco's fiscal largesse

On the advice of oil companies, the Angolan president is pursuing his pro-business policy by providing tax incentives to the gas industry and for the exploitation of marginal fields. [...]

ANGOLA Energy 24/04/2018

Former legal advisor to Angola LNG and Schlumberger to fly solo

For the past several months, Angolan jurist Ibrahim de Carvalho [...]

ANGOLA Energy 03/04/2018

On oil & gas firms advice, Lourenco favours… oil & gas firms!

Mindful of the findings of a working group set up to brainstorm on the sector's future and comprised of representatives of several majors, the regime has decided to make several key legislative changes, all of which benefit the oil & gas firms. [...]

ANGOLA Energy 03/04/2018

Statoil and ENI circle around Cobalt's blocks

While state-owned firm Sonangol has begun proceedings to purchase Texan firm Cobalt International Energy's blocks 20 and 21 (AEI 812), [...]

ANGOLA Energy 06/02/2018

Cracks appear in one of Trafigura's last strongholds

State-run firm Sonangol has prized open the oil sector a little further with its recent call for tenders for oil [...]

ANGOLA Energy 19/12/2017

Cash-stripped Lourenco gives all to majors

With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners, [...]

ANGOLA Energy 21/11/2017

Wood Mackenzie shepherds Joao Lourenco's gas ambitions

Wanting to develop the country's gas resources to bulk up national revenue, Luanda has formed a team of advisers to put together an ad hoc strategy. [...]

ANGOLA Energy 07/11/2017

PwC's unswerving support for Sonangol

Sailing past some heavy competition from the likes of international [...]

DRC Infrastructures Mining 31/10/2017

Shamrock vying for make-over by powering up miners

In a tangle with Gecamines over the Lubumbashi slag heap, Shamrock is working on a project to transform LNG into electricity to supply CongoK's mines. [...]

ANGOLA Energy 24/10/2017

Majors invited to have a hand in oil fiscal reform

Working alongside Sonangol and the Angolan government, majors BP, Chevron, ENI, Total, Statoil and Exxon have 30 days to define the new financial and fiscal strategy for the country's oil sector. [...]

ANGOLA Energy 10/10/2017

Isabel dos Santos ever more unimpeded at head of Sonangol

The reshuffle of state-run firm Sonangol's board of directors at the end of September should give the company chairwoman Isabel [...]

ANGOLA Energy 12/09/2017

Is PwC soon to be challenged at Sonangol?

Accounting giant PricewaterhouseCoopers may lose its pole position as state-run [...]

ANGOLA Energy 11/07/2017

How Sonangol won its fiscal battle against the majors

The decade-long legal wrangle between Sonangol and the oil majors has finally come to an end. [...]

ANGOLA Energy 13/06/2017

BP responds to demands for local content

So that it will have a pool of qualified local [...]

ANGOLA Energy 13/06/2017

Sonangol’s recovery strategy put on hold by presidential elections

Vital oil sector reforms, a lifeline for the regime, will need approval from the incoming president to have any effect. [...]

ANGOLA Energy 14/03/2017

Under pressure Sonangol offers tax concessions

In the face of threats from the majors to reduce investment in response to ongoing tax disputes, Sonangol has opened secret negotiations with them. We investigate. [...]

ANGOLA Energy 28/02/2017

The Dos Santos clan starts to liberalize the oil sector

Lacking the financial muscle to continue monopolizing the local oil industry, Sonangol has opened the door to the private sector. [...]

ANGOLA Energy 31/01/2017

Total taking its time on Zinia

Although Total was to have made a final investment decision [...]

ANGOLA Energy 31/01/2017

Zenu, half-brother and best ally of Isabel dos Santos

A decision by the Fundo Soberano de Angola in late January to earmark $180 million for the construction of a [...]

ANGOLA Energy 03/01/2017

Isabel dos Santos, absolute ruler of Sonangol

In firing the executive committee of Sonangol P&P (P&P), Isabel dos Santos, daughter of Angolan president Jose Eduardo dos Santos, [...]

ANGOLA Energy 03/01/2017

Lawyer Mendes swept aside by Dos Santos clan

He fought since last June to have the appointment of [...]

ANGOLA Energy 13/12/2016

Sonangol struggles behind the scenes to escape financial quagmire

While Isabel dos Santos is spending all her time battling Sonangol’s financial woes the company is making headway with reforms. [...]

ANGOLA Energy 29/11/2016

N’Gunu Tiny in rush for acreage with Ophir’s founders

Africa Energy Intelligence understands that N’Gunu Tiny, a well-connected Angolan businessman who heads the consulting and investment firm Emerald Group, [...]

ANGOLA Energy 15/11/2016

Shoving aside differences, Chevron and Sonangol advance in Cabinda

Although state-owned Sonangol has recently been reported to be behind [...]

ANGOLA Energy 18/10/2016

Chevron’s patience running out on Sonangol debt

Long the leading backers of the state-run Angolan oil company, the majors are now exasperated by its delay in meeting bills. [...]

ANGOLA Energy 19/07/2016

Carvalho acts as Isabel dos Santos’ wild card to rescue Sonangol

The daughter of Angola’s leader is counting on the ex managing director of Chevron in Brazil to help her overhaul the state-owned giant. [...]

ANGOLA Energy 21/06/2016

Isabel dos Santos installs her team at Sonangol

When Angolan president Jose Eduardo dos Santos officially appointed his daughter, Isabel dos Santos, as CEO of Sonangol (AEI 771) [...]

ANGOLA Energy 21/06/2016

Opposition lawyers gang up on Isabel dos Santos

Considering that the appointment of Isabel dos Santos, daughter of [...]

Spotlight

ANGOLA Energy 07/06/2016

Dos Santos clan forces through its oil strategy

Named boss of Angola’s state-owned oil group Sonangol on June 3, Isabel dos Santos, daughter of the country’s president, had been preparing for her coronation for months in league with her father, Jose Eduardo dos Santos. [...]

ANGOLA Energy 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 [...]

ANGOLA Energy 28/07/2015

Angola LNG’s fate still unclear

The bad patch facing Africa’s gas industry due to the rise of shale gas on the American market isn’t about [...]

ANGOLA Energy 29/04/2014

Work still ongoing at Angola LNG

Chevron’s liquefaction plant is running at only 50% of capacity and additional work will be needed until 2015. [...]

Spotlight

ANGOLA Energy 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 [. [...]

Receive free prompts for these topics

ANGOLA
Angola LNG
Boston Consulting Group
BP
Chevron
ENI
ExxonMobil
Isabel dos Santos
Jose Eduardo dos Santos
Manuel Vicente
PricewaterhouseCoopers
Sonangol
Total
Vieira de Almeida

New: Sign up for real-time alerts and be notified of new editions!

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Shillings, prayers and votes: democracy in a very religious country

How religion and politics provide Moscow with a path to influence

After Kenyatta: the never-ending battle to take State House

Southern Africa: the tough path towards quitting coal

Sisi's African offensive

Isabel dos Santos has trouble licking Sonangol into shape

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

2 options offered to continue reading

Create your free account

create a free account

Receive free prompts for these topics

Angola LNG Marketing welcomes a Sonagas senior

Worley's love for PwC shines in Maputo

Joao Lourenco keeps eye on Sonangol, Total and Chevron

Oil majors take Angola LNG leadership to task

After Exxon and Total, Chevron wants its share

Angola LNG pipelines: Chevron makes room for Sonangol

Oil & gas: Major companies to benefit from Joao Lourenco's fiscal largesse

Former legal advisor to Angola LNG and Schlumberger to fly solo

On oil & gas firms advice, Lourenco favours… oil & gas firms!

Statoil and ENI circle around Cobalt's blocks

Cracks appear in one of Trafigura's last strongholds

Cash-stripped Lourenco gives all to majors

Wood Mackenzie shepherds Joao Lourenco's gas ambitions

PwC's unswerving support for Sonangol

Shamrock vying for make-over by powering up miners

Majors invited to have a hand in oil fiscal reform

Isabel dos Santos ever more unimpeded at head of Sonangol

Is PwC soon to be challenged at Sonangol?

How Sonangol won its fiscal battle against the majors

BP responds to demands for local content

Sonangol’s recovery strategy put on hold by presidential elections

Under pressure Sonangol offers tax concessions

The Dos Santos clan starts to liberalize the oil sector

Total taking its time on Zinia

Zenu, half-brother and best ally of Isabel dos Santos

Isabel dos Santos, absolute ruler of Sonangol

Lawyer Mendes swept aside by Dos Santos clan

Sonangol struggles behind the scenes to escape financial quagmire

N’Gunu Tiny in rush for acreage with Ophir’s founders

Shoving aside differences, Chevron and Sonangol advance in Cabinda

Chevron’s patience running out on Sonangol debt

Carvalho acts as Isabel dos Santos’ wild card to rescue Sonangol

Isabel dos Santos installs her team at Sonangol

Opposition lawyers gang up on Isabel dos Santos

Dos Santos clan forces through its oil strategy

Government cronies and newcomers in offshore grab

Angola LNG’s fate still unclear

Work still ongoing at Angola LNG

Dos Santos forced to share the cake

Receive free prompts for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: