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Angola, Namibia
Namcor leads in race for one of cash-strapped Sonangol's prize assets

Boosted by recent successes on its home market, state-owned oil Namibian oil company Namcor is looking to expand into Angola with backing from two partners. It is hoping to take advantage of the financial difficulties currently being experienced by Sonangol, which is having to sell off some of its prize assets, including block 15/06. [...]
Published on 20.04.2022 at 05:00 GMT Reading time 3 minutes
Energy

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  1.  Home  
  2.  Southern Africa and islands 
  3.  Namcor leads in race for one of cash-strapped Sonangol's prize assets 
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