Ver Angola

Energy

Six angolan groups and three foreign groups will explore oil blocks in the Baixo Congo and Kwanza

Nine contracting groups, three foreigners and six angolans, are going to operate the oil blocks in the onshore basins of the Baixo Congo and the Kwanza, announced this Friday the national concessionaire, the National Oil, Gas and Biofuels Agency (ANPG).

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Itanka Group, a partner in the Congo 1 block, comes from the United States, and Brite's, a partner in the Kwanza 9 blocks, Kwanza 17 and Kwanza 20, indicates ANPG in a statement.

Canadian MTI Energy will be the operator in the Congo 5, Kwanza 5, Kwanza 17 and Kwanza 20 blocks and is a partner in the Kwanza 6 block.

Of the angolan companies, 12 in total, five are also operators.

Somoil will be the operator of the Congo 1 block, Mineral One of the Congo 6 block, Simples Oil of the Kwanza 6 block, Alfort Petroleum of the Kwanza 8 block and AIS Angola of the Kwanza 9 block. Somoil and Mineral One are also partners in other blocks.

Angolan companies Monka Oil, Omega, Prodoil, Prodiam, Upitec, Servicab and Sonangol Pesquisa & Produção are also part of the contracting groups for the blocks now awarded.

ANPG is now going to start a negotiation process with each of the winning candidates, in order to proceed with the legal procedures and then move on to prospecting and exploring each of the blocks.

ANPG's Administration emphasizes, in the statement, that the results are particularly relevant, because "it was possible to attract foreign companies that are not normally present in the country and that are new 'players' in the oil sector, and - at the same time - include angolan companies in order to boost the national potential of the sector, both in terms of business and the workforce".

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