Loading price data...
OilMonster

Crude Oil November 07, 2019 12:45:48 AM

Angola Bid Round for 10 Fields in Namibe, Benguela Basins Closes Next Week

Anil
Mathews
OilMonster Author
Africa’s second biggest oil exporter is in the process of sweeping economic reforms to mitigate against moribund crude prices, low output and years of mismanagement at its state oil company Sonangol.
Angola Bid Round for 10 Fields in Namibe, Benguela Basins Closes Next Week

SEATTLE (Oil Monster):  Angola’s current bid round for 10 fields in the Namibe and Benguela basins closes next week, the newly formed national oil, gas and biofuels agency ANGP said on Wednesday.

Africa’s second biggest oil exporter is in the process of sweeping economic reforms to mitigate against moribund crude prices, low output and years of mismanagement at its state oil company Sonangol.

Courtesy: www.reuters.com

OIL MONSTER Newsletter
Subscribe to OM mailing list and get updates to your inbox
London, Bridgend
New Iberia, Louisiana
Magnolia, Texas
Robinson, Illinois