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Angola: ANPG sets out bid round terms

The new Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) on 2 October published bidding parameters for the ten blocks in the 2019 bid round. The terms, published on the ANPG website, include a carried 20% stake for state oil company Sonangol in each block. Biddable terms for each block include the signature bonus, social projects contribution, number of wells and amount of seismic data to be collected.

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