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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
Lourenço in two minds over G20 debt moratorium

Unlike Senegal, which will be a beneficiary of the public debt moratorium announced by the G20 in April, Angola might opt not to apply for the suspension of its public debt repayments.

Subscribers only Finance, Politics 03.07.2020

Angola
ENI Block 15/06: Lourenço bends over backwards for oil majors

The Italian major ENI has every reason to be delighted. Already galvanised by the good results in February from its Agogo-3 appraisal well, which has boosted the estimated reserves of Agogo (Block 15/06) to one billion barrels, it has now secured a three-year extension to the optional exploration phase for the block.

Subscribers only Energy 22.06.2020

Angola
Total lands another sweet tax deal with Cobalt Energy's blocks

French major Total is now the owner of an 80% interest in block 21/09 and 50% in block 20/11 previously owned by the now folded Cobalt International Energy.

Subscribers only Energy 15.06.2020

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 José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

As oil revenues continue to fall, Luanda is relaunching a plan to create a strategic depot in Bengo province.

Subscribers only Infrastructure, Business 12.06.2020

Namibia
Qatar Petroleum locks in on new target in ExxonMobil prospecting zone

State-owned Qatar Petroleum, which has been increasingly buying into African offshore blocks, is looking to further its expansion drive in the Namibe Basin, one of American major Exxonmobil's most promising exploration zones.

Subscribers only Energy 08.06.2020

Angola
Mining sector reforms: Lourenço sweet talks foreign investors

Angola has passed a key milestone in the restructuring of its mining sector with the new organisation of its national regulatory agencies. A wave of privatisations is to follow as President Lourenço continues to push for a more investor-friendly environment.

Subscribers only Mining 05.06.2020

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

With oil production in Angola in free fall, exploration has been at a standstill since the start of the second quarter. The situation is likely to last until at least the end of 2020.

Subscribers only Energy 04.06.2020

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Amid plummeting crude prices, Angola's president has decided to make sweeping changes to Sonangol, the state oil firm. But not everyone is happy.

Subscribers only Energy 27.05.2020

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Construction company Omatapalo, which was set up by Luís Nunes, a member of the political bureau of the governing MPLA party, is expected to become Gemcorp's partner on President Lourenço's huge refinery project.

Subscribers only Energy 21.05.2020

Luis Nunes, founder of contruction firm Omatapalo and Huila governor.

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

Choked as it is by the fall in oil prices, Angola is already dangerously exposed to the risk of being unable to reimburse its private debt. Its finances have been complicated by another problem, however.

Subscribers only Finance, Politics 08.05.2020

Former President José Eduardo dos Santos created the public company Recredit in 2016 to take care of the toxic claims of the PCB.

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

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

What has cursed Repsol's African endeavours? Despite the verve of its Exploration Director Europe, Middle East, Africa and Russia Didier [...]

Subscribers only Energy 17.03.2020

Angola
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 [...]

Subscribers only Energy 17.03.2020

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

Repsol has begun its retreat from Angola, adding the country to a long list of failures on the continent. Only the Spanish firm's North African activities are holding on.

Subscribers only Energy 17.03.2020

Angola
Total Eren teams up with influential businessman to develop solar farm

The French renewable energy firm has joined forces with a company owned by Leonel da Rocha Pinto for a PV project in the south of the country.

Subscribers only Energy, Business 16.03.2020

Angola
Mired in crisis, Luanda turns to the AFC

Hard-hit by the continuing fall in oil prices that began at the start of the year, Angola is very keen to join the Africa Finance Corp, the pan-African multilateral banking institution based in Nigeria.

Subscribers only Finance, Politics 04.03.2020

Angola
Why is attorney Gros after China International Fund, Sonangol's ally?

By seizing property from Sonangol's partner, China International Fund, the attorney general is declaring war on the architecture of Angola's relations with China, Manuel Vicente.

Subscribers only Finance, Energy 03.03.2020

Sao Tome and Principe
Kosmos and Total's talks over block 4 shift up a gear

Who between Total and Kosmos Energy will take away the [...]

Subscribers only Energy 03.03.2020

Tanzania
Air Tanzania brought low by Wallis Trading

The Mattaka affair is continuing to cost the country's national [...]

Subscribers only Business 28.02.2020

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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

Sonangol

Angola
Lourenço in two minds over G20 debt moratorium

Angola
ENI Block 15/06: Lourenço bends over backwards for oil majors

Angola
Total lands another sweet tax deal with Cobalt Energy's blocks

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

Angola
Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Namibia
Qatar Petroleum locks in on new target in ExxonMobil prospecting zone

Angola
Mining sector reforms: Lourenço sweet talks foreign investors

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

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

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

Angola
Angola LNG Marketing welcomes a Sonagas senior

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

Angola
Total Eren teams up with influential businessman to develop solar farm

Angola
Mired in crisis, Luanda turns to the AFC

Angola
Why is attorney Gros after China International Fund, Sonangol's ally?

Sao Tome and Principe
Kosmos and Total's talks over block 4 shift up a gear

Tanzania
Air Tanzania brought low by Wallis Trading

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About Africa Intelligence

Subscription

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

Cabo Delgado: a gas Eldorado and security nightmare

West African cocoa cartel battles with the traders

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

Sonangol

Angola Lourenço in two minds over G20 debt moratorium

Angola ENI Block 15/06: Lourenço bends over backwards for oil majors

Angola Total lands another sweet tax deal with Cobalt Energy's blocks

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

Angola Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Namibia Qatar Petroleum locks in on new target in ExxonMobil prospecting zone

Angola Mining sector reforms: Lourenço sweet talks foreign investors

Angola ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

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

Africa, Angola Are Spanish giant Repsol's days on the continent numbered?

Angola Angola LNG Marketing welcomes a Sonagas senior

Africa, Angola Are Spanish giant Repsol's days on the continent numbered?

Angola Total Eren teams up with influential businessman to develop solar farm

Angola Mired in crisis, Luanda turns to the AFC

Angola Why is attorney Gros after China International Fund, Sonangol's ally?

Sao Tome and Principe Kosmos and Total's talks over block 4 shift up a gear

Tanzania Air Tanzania brought low by Wallis Trading

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
Lourenço in two minds over G20 debt moratorium

Angola
ENI Block 15/06: Lourenço bends over backwards for oil majors

Angola
Total lands another sweet tax deal with Cobalt Energy's blocks

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

Angola
Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

Namibia
Qatar Petroleum locks in on new target in ExxonMobil prospecting zone

Angola
Mining sector reforms: Lourenço sweet talks foreign investors

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

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

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

Angola
Angola LNG Marketing welcomes a Sonagas senior

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

Angola
Total Eren teams up with influential businessman to develop solar farm

Angola
Mired in crisis, Luanda turns to the AFC

Angola
Why is attorney Gros after China International Fund, Sonangol's ally?

Sao Tome and Principe
Kosmos and Total's talks over block 4 shift up a gear

Tanzania
Air Tanzania brought low by Wallis Trading