Printer Friendly

Angola - Post-Salt & Onshore Prospects.

Sonangol E&P has since mid-2014 focused more on post-salt prospects in deep waters both in the 11 blocks given in late 2011 and in other areas being offered this year, as well as in onshore blocks.

In 2012, the NOC began onshore exploration in the Cabinda Norte Block; but the operating conditions have become problematic as the Front for the Liberation of the Enclave of Cabinda, a separatist group, remains active in that region.

Sonangol E&P in 2014 was given the rights to onshore Blocks 2,4,11 & 12 in the onshore part of Kwanza Basin. These were excluded from the onshore blocks offered to IOCs with the results of the auctions expected this year.

COPYRIGHT 2015 Arab Press Service
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:APS Review Oil Market Trends
Geographic Code:6ANGO
Date:Mar 9, 2015
Words:117
Previous Article:Angola - The Focus On Sub-Salt Exploration.
Next Article:Angola - The Shared Development Areas.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters