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Somoil

Angola
Somoil prevails in purchase of TotalEnergies and Inpex shares

The local junior managed to make itself unignorable in unpredictable negotiations for the purchase of shares held by the French giant and the Japanese firm in blocks 14 and 14T.

Subscribers only Energy 03.02.2022

Angola
Somoil tries to elbow its way on TotalEnergies sale of block 14 assets

The French major TotalEnergies is reducing its exposure on permits that it is not operating itself, but it is struggling to finalise their sale as the Angolan state tries to impose its own favoured buyers.

Subscribers only Energy 14.10.2021

Angola
MTI Energy, Brite's Oil, Intank: the newcomer foreign firms in Angolan onshore

Three foreign companies - MTI Energy, Brite's Oil, and Intank - secured stakes in Angolan onshore blocks at the end of September. All of them have strong links with Nigeria.

Subscribers only Energy 04.10.2021

Angola
Faced with a shortage of bids, Lourenço is forced to deal with dos Santos-era executives

Angolan companies with sufficient funds to develop blocks remain few and far between. As such the Angolan administration must make do with bids from firms with strong ties to the former regime.

Subscribers only Energy 27.07.2021

Angola
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.

Subscribers only Energy 04.06.2021

Angola
Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

After a wait of five years, the decree providing for greater local company involvement in the oil industry is set to come into force at a difficult time, with the country still in the throes of the Covid-19 crisis.

Subscribers only Energy 27.10.2020

Inner circles | Angola
New generation businessman Agostinho Kapaia steps into the limelight

Agostinho Kapaia has succeeded in rising through the ranks in the Angola business world thanks to his connections in the MPLA and the influence of his oligarch uncle António Mosquito.

Subscribers only Business 14.07.2020

Spotlight | Angola
Dos Santos era throwback Somoil changes boss again to steady ship

The best-connected junior in Angola has been struggling to retain a stable management team and has turned to Edson dos Santos Sousa, formerly of Sonangol and ExxonMobil, to restore some order.

Subscribers only Energy 12.06.2020

Angolan junior Somoil, whose new CEO is Edson dos Santos Sousa, was founded by former chairmen of Sonangol.

Angola
Manuel Vicente's Somoil heirs poised to launch into distribution

The company created in 2000 by former Angolan vice president Manuel Vicente is ready to move into unchartered waters as it diversifies its activities.

Subscribers only Energy 20.04.2020

Angola
Block 2/05: Amni hesitates, Somoil courted by trading giant

The Nigerian firm's position as Somoil's main partner on the block is looking shaky and could slip from its hands while another big player is ready pounce.

Subscribers only Energy 18.02.2020

Angola
Who is Manuel Vicente's trio at the helm of Somoil?

The all-powerful former Sonangol chairman Manuel Vicente has placed his troops within the executive board at Somoil, the junior he [...]

Subscribers only Energy 18.02.2020

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Former Angolan vice president and ex-Sonangol chairman Manuel Vicente may have had to leave executive government when President João Lourenço stepped into office in 2017, he certainly hasn't lost any of the stronghold of the country's oil industry he patiently [.

Subscribers only Energy 04.02.2020

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Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Somoil

Angola
Somoil prevails in purchase of TotalEnergies and Inpex shares

Angola
Somoil tries to elbow its way on TotalEnergies sale of block 14 assets

Angola
MTI Energy, Brite's Oil, Intank: the newcomer foreign firms in Angolan onshore

Angola
Faced with a shortage of bids, Lourenço is forced to deal with dos Santos-era executives

Angola
Amni pulls out of Espadarte financing deal with Somoil

Angola
Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

Inner circles | Angola
New generation businessman Agostinho Kapaia steps into the limelight

Spotlight | Angola
Dos Santos era throwback Somoil changes boss again to steady ship

Angola
Manuel Vicente's Somoil heirs poised to launch into distribution

Angola
Block 2/05: Amni hesitates, Somoil courted by trading giant

Angola
Who is Manuel Vicente's trio at the helm of Somoil?

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Angola
Threat worsens for Somoil under Lourenço's watch

Angola
Lourenço stages his fight against Dos Santos children

Angola
Block 2/05: Somoil's Nelson Pacavira antagonised by Amni's delays

Nigeria
Divestment: ExxonMobil's double-dealing

Angola
Somoil: Amni still hesitating to develop Espadarte

Angola
Total and ENI cruise on to Namibe basin, Aiteo and Amni stuck at the gate

Spotlight | Angola, Nigeria
How Shell tucked in behind Somoil for Angolan comeback

Angola
Ending round to General Dino's power adventure

Refine your search

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Namibia Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria The latest secrets of a $10bn legal scandal between Abuja and London

West African cocoa cartel battles with the traders

Cabo Delgado: a gas Eldorado and security nightmare

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Somoil

Angola Somoil prevails in purchase of TotalEnergies and Inpex shares

Angola Somoil tries to elbow its way on TotalEnergies sale of block 14 assets

Angola MTI Energy, Brite's Oil, Intank: the newcomer foreign firms in Angolan onshore

Angola Faced with a shortage of bids, Lourenço is forced to deal with dos Santos-era executives

Angola Amni pulls out of Espadarte financing deal with Somoil

Angola Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

Inner circles | Angola New generation businessman Agostinho Kapaia steps into the limelight

Spotlight | Angola Dos Santos era throwback Somoil changes boss again to steady ship

Angola Manuel Vicente's Somoil heirs poised to launch into distribution

Angola Block 2/05: Amni hesitates, Somoil courted by trading giant

Angola Who is Manuel Vicente's trio at the helm of Somoil?

Spotlight | Angola Manuel Vicente's circles still in command of oil dollars

Angola Threat worsens for Somoil under Lourenço's watch

Angola Lourenço stages his fight against Dos Santos children

Angola Block 2/05: Somoil's Nelson Pacavira antagonised by Amni's delays

Nigeria Divestment: ExxonMobil's double-dealing

Angola Somoil: Amni still hesitating to develop Espadarte

Angola Total and ENI cruise on to Namibe basin, Aiteo and Amni stuck at the gate

Spotlight | Angola, Nigeria How Shell tucked in behind Somoil for Angolan comeback

Angola Ending round to General Dino's power adventure

Refine your search

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Angola
Somoil prevails in purchase of TotalEnergies and Inpex shares

Angola
Somoil tries to elbow its way on TotalEnergies sale of block 14 assets

Angola
MTI Energy, Brite's Oil, Intank: the newcomer foreign firms in Angolan onshore

Angola
Faced with a shortage of bids, Lourenço is forced to deal with dos Santos-era executives

Angola
Amni pulls out of Espadarte financing deal with Somoil

Angola
Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

Inner circles | Angola
New generation businessman Agostinho Kapaia steps into the limelight

Spotlight | Angola
Dos Santos era throwback Somoil changes boss again to steady ship

Angola
Manuel Vicente's Somoil heirs poised to launch into distribution

Angola
Block 2/05: Amni hesitates, Somoil courted by trading giant

Angola
Who is Manuel Vicente's trio at the helm of Somoil?

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Angola
Threat worsens for Somoil under Lourenço's watch

Angola
Lourenço stages his fight against Dos Santos children

Angola
Block 2/05: Somoil's Nelson Pacavira antagonised by Amni's delays

Nigeria
Divestment: ExxonMobil's double-dealing

Angola
Somoil: Amni still hesitating to develop Espadarte

Angola
Total and ENI cruise on to Namibe basin, Aiteo and Amni stuck at the gate

Spotlight | Angola, Nigeria
How Shell tucked in behind Somoil for Angolan comeback

Angola
Ending round to General Dino's power adventure