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Spotlight | Angola
Dos Santos forced to share the cake

The ruling MPLA party won’t be in any danger of losing power in legislative elections at the end of this year but the day is fast approaching when Luanda will have to give others as bigger piece of Angola’s oil [...]

Published on 01/02/2012 at 11:00 GMT Reading time 3 minutes

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Energy

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Alper Oil
BP
Chevron
China Sonangol
Cobalt International
ENI
Falcon Oil
Jose Eduardo dos Santos
Joseph Kabila
Maersk
Marathon
MPLA
Nazaki Oil & Gas
Somoil
Sonangol
Standard Bank
Statoil
Total

Angola
Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

After a wait of five years, the decree providing for greater local company involvement in the oil industry is set to come into force at a difficult time, with the country still in the throes of the Covid-19 crisis.

Subscribers only Energy 27.10.2020

Angola
Who runs Sonangol Sinopec JV, ENI's ally on block 15/06?

Sonangol Sinopec International (SSI), ENI's partner on the Angolan offshore block 15/06 on which the Agogo field was recently brought [...]

Free access Energy 04.02.2020

Spotlight | Document | Angola, DRC
Exxon, Chevron and BP's blocks: João Lourenço hoodwinks Félix Tshisekedi

With Angola determined to be the sole owner, it looks as though the new DRC president Félix Tshisekedi will have to be content with mere crumbs of offshore blocks 0 and 14 (Chevron), block 15 (ExxonMobil), in production for over [.

Subscribers only Energy 21.01.2020

Angola
Louzolo Agostinho's new life after leading Halliburton

Halliburton's former country manager in Angola, Louzolo Agostinho, has landed on his feet in Houston, Texas, as an advisor to [...]

Free access Energy 07.01.2020

Angola
Lourenço makes great show of marginal fields to woo Chevron-BP

Angolan president João Lourenço is continuing to promote the merits of the country's marginal fields to bring back oil firms [...]

Subscribers only Energy 03.12.2019

Angola
Ex-MPLA star's widow Van-Dúnem takes a crack at oil distribution

The chairman of the powerful Angolan basketball federation Hélder Martins da Cruz has teamed up with a very well-connected partner [...]

Subscribers only Energy 05.11.2019

Angola, DRC
Blocks 14/15: minister Domingos fighting to keep oil zone status quo with Tshisekedi

From Luanda's point of view, the new Angolan president João Lourenço is hell bent on stopping his Congolese homologue Felix [...]

Subscribers only Energy 22.10.2019

Document | Angola
Sonangol puts up more family jewels for sale

The state-owned firm is willing to let go of several blocks to focus on its more productive assets.

Subscribers only Energy 12.03.2019

Angola
Oil majors take Angola LNG leadership to task

2019 should be a decisive year for the joint venture Angola LNG (ALNG), which has operated the Soyo LNG plant [...]

Subscribers only Energy 12.03.2019

Spotlight | Angola
Sonangol draws up inventory of blocks to peddle to majors

Angola's financially precarious state-owned firm Sonangol has discreetly launched a vast campaign to sell some of its producing offshore blocks. Block 32 - As Africa Energy Intelligence understands, Sonangol opened a data room in December in Luanda to present block [.

Subscribers only Energy 26.02.2019

Africa
The Rokke family's tactics to move Aker into offshore

Norwegian billionaire Kjell Inge Rokke has managed to secure a prime position for his firm Aker Solutions on Africa's oil services market in the space of a few years.

Subscribers only Energy 27.11.2018

Angola
With trade booming, Pertamina tells Maurel & Prom to scout for blocks

The French junior, now the property of the Indonesian state-owned firm has landed its first purchase since it changed hands.

Subscribers only Energy 30.10.2018

Angola, DRC
Angola LNG pipelines: Chevron makes room for Sonangol

The American major has stepped aside to let the Angolan state-owned firm take the lead role in dealing with Kinshasa to manage Angola LNG's transit rights for its pipelines in Congolese waters.

Subscribers only Energy 16.10.2018

Angola
Somoil recruits senior staff and seeks out partners for 2/05 block

With the price of oil on the rise for the past year, the ruling MPLA party's favourite firm has ambitious plans to beef up production.

Subscribers only Energy 21.08.2018

Angola
Could Equinor pull off a grand slam in offshore?

Norway's Equinor (formerly Statoil) has been struggling of late to stem its rapidly falling production on the continent (AEI 817) [...]

Free access Energy 03.07.2018

Angola
Switch in top role for the most pro-MPLA of oil firms, Somoil

Founded in the shadow of the Angolan ruling party's bigwigs, Somoil is restructuring little by little.

Subscribers only Energy 22.05.2018

Senegal
OMA banking on 3PL to boost petrol ambitions

With an active portfolio in West Africa, maritime agent Oma Group is urging its teams to target the opportunities offered [...]

Subscribers only Energy 08.05.2018

Angola
Statoil and ENI circle around Cobalt's blocks

While state-owned firm Sonangol has begun proceedings to purchase Texan firm Cobalt International Energy's blocks 20 and 21 (AEI 812), [...]

Subscribers only Energy 03.04.2018

Angola
Lourenco calls on Church to secure ENI's operations

Now operator of onshore block Cabinda north, ENI has found itself a key player in the Cabinda province. The region [...]

Subscribers only Energy 20.03.2018

Africa
Diamond producers challenge merchants' ascendancy

The latest plenary session of diamond certification organiser the Kimberley Process (KP) that closed last month in Brisbane was the [...]

Free access Mining 16.01.2018

Angola
Cash-stripped Lourenco gives all to majors

With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners, [...]

Subscribers only Energy 19.12.2017

DRC
Shamrock vying for make-over by powering up miners

In a tangle with Gecamines over the Lubumbashi slag heap, Shamrock is working on a project to transform LNG into electricity to supply CongoK's mines.

Subscribers only Infrastructure, Mining 31.10.2017

Angola
Majors invited to have a hand in oil fiscal reform

Working alongside Sonangol and the Angolan government, majors BP, Chevron, ENI, Total, Statoil and Exxon have 30 days to define the new financial and fiscal strategy for the country's oil sector.

Subscribers only Energy 24.10.2017

Nigeria
MacPepple family crusade against oil majors

The Economic and Financial Crimes Commission (EFCC), recently solicited several majors, including Total, Chevron and ExxonMobil, as part of its [...]

Subscribers only Energy 24.10.2017

DRC
Total treads water on block III against rising political instability

According to our sources, the partners of block III held meetings at Total's headquarters in the La Defense business district [...]

Free access Energy 29.08.2017

Angola
Steep bill for BP in offshore

British major BP, which has to fork out several hundred [...]

Subscribers only Energy 11.07.2017

Angola
How Sonangol won its fiscal battle against the majors

The decade-long legal wrangle between Sonangol and the oil majors has finally come to an end.

Subscribers only Energy 11.07.2017

Angola
Will the future president want to open road to diamonds and copper?

Joao Lourenco wants to expand two railway lines to evacuate Angolan diamonds but he might also want to capture a share of the mining transport business out of Katanga, in Congo-K.

Subscribers only Infrastructure, Mining 23.05.2017

Angola
Why are Colombians pulling out of Kwanza basin?

At the start of May, Colombia’s state-owned oil company Ecopetrol [...]

Subscribers only Energy 16.05.2017

Angola
FErnando Beatriz counsels president Dos Santos on zone shared with Congo-B

In early April, Fernando Beatriz was recruited by Angola president [...]

Subscribers only Energy 02.05.2017

Angola
Under pressure Sonangol offers tax concessions

In the face of threats from the majors to reduce investment in response to ongoing tax disputes, Sonangol has opened secret negotiations with them. We investigate.

Subscribers only Energy 14.03.2017

Angola
N’Gunu Tiny in rush for acreage with Ophir’s founders

Africa Energy Intelligence understands that N’Gunu Tiny, a well-connected Angolan businessman who heads the consulting and investment firm Emerald Group, [...]

Subscribers only Energy 29.11.2016

Angola
Isabel dos Santos has trouble licking Sonangol into shape

Embroiled in financial and judicial wrangles, the head of Sonangol, is finding it hard to push through reforms in the oil sector. She’s compensating by publicizing her activities.

Subscribers only Energy 29.11.2016

Angola
Shoving aside differences, Chevron and Sonangol advance in Cabinda

Although state-owned Sonangol has recently been reported to be behind [...]

Subscribers only Energy 15.11.2016

Spotlight | Angola
Lemos’ landmark makeover for Sonangol

After decades in which a handful of dignitaries had exclusive access to Angola’s oil wealth, the time has now come for the money to flow into other sectors of the country’s economy. The first stage in that process involves a [.

Subscribers only Energy 04.12.2012

Angola
Sonangol in Latin American dance

Already present in Brazil, Sonangol is working to build up its operations across all of Latin America. But with mixed resulted.

Free access Energy 25.09.2012

Angola, DRC
Chevron in the thick of fray

The American major is more than ever at the center of an oil dispute between Congo-K and next-door Angola.

Subscribers only Energy 15.05.2012

Spotlight | Angola
Ghost local partners for majors

Like Cobalt International Energy, under attack for its ties with companies close to government in Luanda, all of the majors operating in Angola are obliged to make concessions. If they want to be sure of landing the best blocks they [.

Subscribers only Energy 01.05.2012

Angola
Sonangol

Angola’s official journal Diario da Republica dated March 16 (see [...]

Subscribers only Energy 10.04.2012

Angola
Local firms sidestep bonus

As Africa Energy Intelligence anticipated in early February, (AEI 668), [...]

Subscribers only Energy 27.03.2012

Angola
Cobalt's mysterious partners

In its annual report issued on February 21, the American [...]

Subscribers only Energy 28.02.2012

Angola
New boss for Sonangol

Often reported to be leaving the company, the chief executive [...]

Subscribers only Energy 14.02.2012

Angola
Siemens in pole position

Chancellor Angel Merkel’s trip to Luanda at the end of July seems to have injected fresh impetus into German power [...]

Subscribers only Energy 06.09.2011

Angola
A little auction between friends

From the very outset, Luanda preferred to pick the companies it would allow to participate in the first call for bids in the pre-salt zone.

Free access Energy 25.01.2011

Angola
Sonangol Spins Roulette Wheel

The Angolan national oil company Sonangol has formed a joint venture with a gambling tycoon in Macao to invest in oil ventures.

Subscribers only Energy 07.12.2010

Angola
Gaydamak Pops Up Again

Returning to Tel Aviv from Moscow on Oct. 14 to attend his trial for alleged money-laundering in the acquisition of [...]

Subscribers only Energy 26.10.2010

Spotlight | Angola
Is Sonangol Africa’s First Sovereign Fund?

Often portrayed in the midst of the credit crisis as a hunting ground for sovereign funds in the Gulf, Africa can boast that it possesses an institution with the firepower of a state fund: Angola’s Sonangol.

Subscribers only Energy 25.11.2008

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Jose Eduardo dos Santos
Joseph Kabila
Maersk
Marathon
MPLA
Nazaki Oil & Gas
Somoil
Sonangol
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Spotlight | Angola Dos Santos forced to share the cake

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Set up email notifications for these topics

Angola Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

Angola Who runs Sonangol Sinopec JV, ENI's ally on block 15/06?

Spotlight | Document | Angola, DRC Exxon, Chevron and BP's blocks: João Lourenço hoodwinks Félix Tshisekedi

Angola Louzolo Agostinho's new life after leading Halliburton

Angola Lourenço makes great show of marginal fields to woo Chevron-BP

Angola Ex-MPLA star's widow Van-Dúnem takes a crack at oil distribution

Angola, DRC Blocks 14/15: minister Domingos fighting to keep oil zone status quo with Tshisekedi

Document | Angola Sonangol puts up more family jewels for sale

Angola Oil majors take Angola LNG leadership to task

Spotlight | Angola Sonangol draws up inventory of blocks to peddle to majors

Africa The Rokke family's tactics to move Aker into offshore

Angola With trade booming, Pertamina tells Maurel & Prom to scout for blocks

Angola, DRC Angola LNG pipelines: Chevron makes room for Sonangol

Angola Somoil recruits senior staff and seeks out partners for 2/05 block

Angola Could Equinor pull off a grand slam in offshore?

Angola Switch in top role for the most pro-MPLA of oil firms, Somoil

Senegal OMA banking on 3PL to boost petrol ambitions

Angola Statoil and ENI circle around Cobalt's blocks

Angola Lourenco calls on Church to secure ENI's operations

Africa Diamond producers challenge merchants' ascendancy

Angola Cash-stripped Lourenco gives all to majors

DRC Shamrock vying for make-over by powering up miners

Angola Majors invited to have a hand in oil fiscal reform

Nigeria MacPepple family crusade against oil majors

DRC Total treads water on block III against rising political instability

Angola Steep bill for BP in offshore

Angola How Sonangol won its fiscal battle against the majors

Angola Will the future president want to open road to diamonds and copper?

Angola Why are Colombians pulling out of Kwanza basin?

Angola FErnando Beatriz counsels president Dos Santos on zone shared with Congo-B

Angola Under pressure Sonangol offers tax concessions

Angola N’Gunu Tiny in rush for acreage with Ophir’s founders

Angola Isabel dos Santos has trouble licking Sonangol into shape

Angola Shoving aside differences, Chevron and Sonangol advance in Cabinda

Spotlight | Angola Lemos’ landmark makeover for Sonangol

Angola Sonangol in Latin American dance

Angola, DRC Chevron in the thick of fray

Spotlight | Angola Ghost local partners for majors

Angola Sonangol

Angola Local firms sidestep bonus

Angola Cobalt's mysterious partners

Angola New boss for Sonangol

Angola Siemens in pole position

Angola A little auction between friends

Angola Sonangol Spins Roulette Wheel

Angola Gaydamak Pops Up Again

Spotlight | Angola Is Sonangol Africa’s First Sovereign Fund?

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Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | Angola
Dos Santos forced to share the cake

Angola
Local content: should Total, Chevron, ENI, ExxonMobil and BP be worried?

Angola
Who runs Sonangol Sinopec JV, ENI's ally on block 15/06?

Spotlight | Document | Angola, DRC
Exxon, Chevron and BP's blocks: João Lourenço hoodwinks Félix Tshisekedi

Angola
Louzolo Agostinho's new life after leading Halliburton

Angola
Lourenço makes great show of marginal fields to woo Chevron-BP

Angola
Ex-MPLA star's widow Van-Dúnem takes a crack at oil distribution

Angola, DRC
Blocks 14/15: minister Domingos fighting to keep oil zone status quo with Tshisekedi

Document | Angola
Sonangol puts up more family jewels for sale

Angola
Oil majors take Angola LNG leadership to task

Spotlight | Angola
Sonangol draws up inventory of blocks to peddle to majors

Africa
The Rokke family's tactics to move Aker into offshore

Angola
With trade booming, Pertamina tells Maurel & Prom to scout for blocks

Angola, DRC
Angola LNG pipelines: Chevron makes room for Sonangol

Angola
Somoil recruits senior staff and seeks out partners for 2/05 block

Angola
Could Equinor pull off a grand slam in offshore?

Angola
Switch in top role for the most pro-MPLA of oil firms, Somoil

Senegal
OMA banking on 3PL to boost petrol ambitions

Angola
Statoil and ENI circle around Cobalt's blocks

Angola
Lourenco calls on Church to secure ENI's operations

Africa
Diamond producers challenge merchants' ascendancy

Angola
Cash-stripped Lourenco gives all to majors

DRC
Shamrock vying for make-over by powering up miners

Angola
Majors invited to have a hand in oil fiscal reform

Nigeria
MacPepple family crusade against oil majors

DRC
Total treads water on block III against rising political instability

Angola
Steep bill for BP in offshore

Angola
How Sonangol won its fiscal battle against the majors

Angola
Will the future president want to open road to diamonds and copper?

Angola
Why are Colombians pulling out of Kwanza basin?

Angola
FErnando Beatriz counsels president Dos Santos on zone shared with Congo-B

Angola
Under pressure Sonangol offers tax concessions

Angola
N’Gunu Tiny in rush for acreage with Ophir’s founders

Angola
Isabel dos Santos has trouble licking Sonangol into shape

Angola
Shoving aside differences, Chevron and Sonangol advance in Cabinda

Spotlight | Angola
Lemos’ landmark makeover for Sonangol

Angola
Sonangol in Latin American dance

Angola, DRC
Chevron in the thick of fray

Spotlight | Angola
Ghost local partners for majors

Angola
Sonangol

Angola
Local firms sidestep bonus

Angola
Cobalt's mysterious partners

Angola
New boss for Sonangol

Angola
Siemens in pole position

Angola
A little auction between friends

Angola
Sonangol Spins Roulette Wheel

Angola
Gaydamak Pops Up Again

Spotlight | Angola
Is Sonangol Africa’s First Sovereign Fund?