Angola’s deepwater market success continues to shine a spotlight on the country’s untapped oil and gas potential. The country’s exploration opportunities remain high with recent deepwater discoveries making clear the frontier potential of the mature producer.
Yinson Holdings has signed an exclusivity agreement with super-major BP for the reservation of an FPSO for production of the Palas
Potential concessions in the round are found on the Congo Basin, including blocks 16/21, 31/21, 32/21, 33/21 and 34/21, and the Kwanza Basin, including blocks 7/21, 8/21 and 9/21.
Somoil has signed a sales agreement with TotalEnergies and its Japanese partner Inpex Corporation to purchase shares in offshore blocks 14 and 14A