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Sonangol

Sonangol is Angola’s state oil company and the largest company in the country. It is the sector regulator, the national producer and an oil trader.

Angola
Saipem and Sapura compete for ENI's Q&M pipeline build

Angola could significantly increase its gas production by 2026 thanks to the development of the Quiluma and Maboqueiro (Q&M) fields. Project leader ENI is in the process of selecting its service providers.

Subscribers only Energy 27.03.2023

Spotlight | Angola, DRC
Kinshasa still soft-pedalling on contentious oil blocks run by Angola despite $78bn loss

Angola has benefited enormously from oil blocks located partly in a maritime zone to which Kinshasa could lay claim, according to a confidential report financed by the World Bank and submitted to President Félix Tshisekedi's office.

Subscribers only Energy 22.03.2023

President of Democratic Republic of the Congo, Felix Tshisekedi, with President of Angola, Joao Lourenco, the 5th of February 2019.

Angola
AEG Fuels claims its due from Angolan Air Force

Both the US subsidiary of Angola's state oil company Sonangol and the Industrial and Commercial Bank of China (ICBC) are identified as structures to which the Angolan Air Force (AAF) has entrusted part of its assets.

Subscribers only Defence 17.03.2023

Spotlight | Angola
UNITA tends to its international networks from Paris to Abidjan

Adalberto Costa Junior, the chairman of Angola's leading opposition party, has been an increasingly frequent visitor to Western capitals of late and has also been looking to extend his influence in Africa with the help of a small group of loyalists.

Subscribers only Politics, Diplomacy 09.03.2023

Adalberto Costa Junior, the leader of Angola's main opposition party Unita.

Spotlight | Angola
Manuel Vicente takes Somoil into big league with Lourenco's backing

Angolan junior Somoil has increased its asset portfolio through a number of purchase since the start of last year. Behind this expansion is Manuel Vicente, the oil strategist of former president José Eduardo dos Santos, who is also close to Joao Lourenco.

Subscribers only Energy 28.02.2023

Manuel Vicente at the COP21 World Climate Change Conference 2015, France, 30 November 2015.

Angola
Somoil expands its Angolan portfolio

The oil junior knows people in high places and has been buying shares in various lucrative blocks over the last year. The funds came in part from a 2018 law allowing the repatriation of funds generated abroad during the Dos Santos era.

Subscribers only Energy 02.02.2023

Angola
Acrep looks to operate local Angolan block

The upstream company Acrep is hoping to join the very exclusive club of local operators in Angola, Somoil being currently the only other member. Though in business for 17 years, Acrep has thus far only been a minority partner.

Subscribers only Energy 22.12.2022

Angola
ExxonMobil fine-tunes Namibe Basin plans

The supermajor company's Angolan offshore projects are beginning to take shape. It will launch a drilling campaign before the end of 2024 once it has completed a seismic survey next year.

Subscribers only Energy 19.12.2022

Angola
Somoil consolidates position at TotalEnergies offshore block 17/06

Acrep Bloco 17, which has a 5% stake in block 17/06, was recently renamed Somoil Bloco 17/06 to reflect a change in its shareholder structure. Somoil now holds a 15% stake in this asset, and its first project should enter into production in 2024.

Subscribers only Energy 09.12.2022

Angola
Sonangol struggles to find takers for its mega sell-off over a year on

When it launched its divestment programme last year, the national oil company was hoping to withdraw, at least in part, from eight blocks. Nearly 18 months later, there has been no interest at all for two of these.

Subscribers only Energy 14.11.2022

Angola
Sonangol sticks to refinery ambitions amid delays and funding shortfalls

Despite being the continent's leading producer of crude, Angola is still importing petroleum products on a large scale. Nearly all of its refining projects are in limbo on account of a lack of investment and persistent delays.

Free access Energy 11.11.2022

Spotlight | Brazil
Brazilian business hopes Lula's return will bring African bonanza

Brazil took a big step back from Africa over the past seven years, but Lula da Silva's election victory is likely to launch a new era of cooperation between Brasília and African capitals. The Brazilian business community for its part is banking on the new president to help it make a comeback on the continent.

Subscribers only Business, Diplomacy 02.11.2022

Brazilian President Luiz Inacio Lula da Silva in 2010 and his former foreign minister Celso Amorim.

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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

Sonangol

Angola
Saipem and Sapura compete for ENI's Q&M pipeline build

Spotlight | Angola, DRC
Kinshasa still soft-pedalling on contentious oil blocks run by Angola despite $78bn loss

Angola
AEG Fuels claims its due from Angolan Air Force

Spotlight | Angola
UNITA tends to its international networks from Paris to Abidjan

Spotlight | Angola
Manuel Vicente takes Somoil into big league with Lourenco's backing

Angola
Somoil expands its Angolan portfolio

Angola
Acrep looks to operate local Angolan block

Angola
ExxonMobil fine-tunes Namibe Basin plans

Angola
Somoil consolidates position at TotalEnergies offshore block 17/06

Angola
Sonangol struggles to find takers for its mega sell-off over a year on

Angola
Sonangol sticks to refinery ambitions amid delays and funding shortfalls

Spotlight | Brazil
Brazilian business hopes Lula's return will bring African bonanza

Angola
Angolan oil junior Somoil opens up under boss Dos Santos Sousa

Spotlight | Angola
Lourenço marshals his forces in hope of parliamentary majority

Angola
Manuel Vicente set to be big loser in general election

Angola
MPLA chum Somoil juggles projects and departures

Angola
INA Industrija Nafte quietly says goodbye to sub-Saharan Africa

Angola
Deloitte & Touche confirms status as leading oil auditor

Angola
Sonangol counts on diamond firms to boost revenue

Angola
Quanten Consortium painstakingly tries to inject life into Soyo refinery project

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About Africa Intelligence

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Indigo Publications' websites

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

Sonangol

Angola Saipem and Sapura compete for ENI's Q&M pipeline build

Spotlight | Angola, DRC Kinshasa still soft-pedalling on contentious oil blocks run by Angola despite $78bn loss

Angola AEG Fuels claims its due from Angolan Air Force

Spotlight | Angola UNITA tends to its international networks from Paris to Abidjan

Spotlight | Angola Manuel Vicente takes Somoil into big league with Lourenco's backing

Angola Somoil expands its Angolan portfolio

Angola Acrep looks to operate local Angolan block

Angola ExxonMobil fine-tunes Namibe Basin plans

Angola Somoil consolidates position at TotalEnergies offshore block 17/06

Angola Sonangol struggles to find takers for its mega sell-off over a year on

Angola Sonangol sticks to refinery ambitions amid delays and funding shortfalls

Spotlight | Brazil Brazilian business hopes Lula's return will bring African bonanza

Angola Angolan oil junior Somoil opens up under boss Dos Santos Sousa

Spotlight | Angola Lourenço marshals his forces in hope of parliamentary majority

Angola Manuel Vicente set to be big loser in general election

Angola MPLA chum Somoil juggles projects and departures

Angola INA Industrija Nafte quietly says goodbye to sub-Saharan Africa

Angola Deloitte & Touche confirms status as leading oil auditor

Angola Sonangol counts on diamond firms to boost revenue

Angola Quanten Consortium painstakingly tries to inject life into Soyo refinery project

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
Saipem and Sapura compete for ENI's Q&M pipeline build

Spotlight | Angola, DRC
Kinshasa still soft-pedalling on contentious oil blocks run by Angola despite $78bn loss

Angola
AEG Fuels claims its due from Angolan Air Force

Spotlight | Angola
UNITA tends to its international networks from Paris to Abidjan

Spotlight | Angola
Manuel Vicente takes Somoil into big league with Lourenco's backing

Angola
Somoil expands its Angolan portfolio

Angola
Acrep looks to operate local Angolan block

Angola
ExxonMobil fine-tunes Namibe Basin plans

Angola
Somoil consolidates position at TotalEnergies offshore block 17/06

Angola
Sonangol struggles to find takers for its mega sell-off over a year on

Angola
Sonangol sticks to refinery ambitions amid delays and funding shortfalls

Spotlight | Brazil
Brazilian business hopes Lula's return will bring African bonanza

Angola
Angolan oil junior Somoil opens up under boss Dos Santos Sousa

Spotlight | Angola
Lourenço marshals his forces in hope of parliamentary majority

Angola
Manuel Vicente set to be big loser in general election

Angola
MPLA chum Somoil juggles projects and departures

Angola
INA Industrija Nafte quietly says goodbye to sub-Saharan Africa

Angola
Deloitte & Touche confirms status as leading oil auditor

Angola
Sonangol counts on diamond firms to boost revenue

Angola
Quanten Consortium painstakingly tries to inject life into Soyo refinery project