Angola: US DoJ closes Cobalt FCPA probe


Issue 340 - 16 Feb 2017 | 1 minute read

Cobalt International Energy said on 9 February that the US Department of Justice (DoJ) had closed its investigation into Cobalt’s operations in Angola. The DoJ and the US Securities and Exchange Commission (SEC) began investigating Cobalt in 2011 in response to allegations of a connection between senior Angolan government officials and Nazaki Oil and Gas, an Angolan company that, until 2014, held a working interest alongside Cobalt on blocks 9 and 21 (AE 284/21).

Tagged with:

Pin Angola

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register