Angola: Total signs agreements with Sonangol


Issue 315 - 14 Jan 2016 | 1 minute read

Sonangol chairman Francisco de Lemos José Maria and Total president Patrick Pouyanné on 21 December signed what Sonangol termed “an agreement of intent… to explore Angola’s ultra-deepwater West concessions”. Total declined to give further details, but Sonangol has delineated a large ultra-deep area outboard from the existing northern blocks. Sonangol said the agreement was “of great importance in the context of promoting increased investment in Angola’s oil sector”.

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