Exploration Licensing Offshore Angola

Source: www.gulfoilandgas.com 12/3/2006, Location: Africa

Maersk Oil Angola and partners entered Production Sharing Agreements with SONANGOL covering Blocks 8 and 23 offshore Angola. Maersk Oil is designated operator and holds a 50% working interest. Other partners in Blocks 8 and 23 are Occidental Petroleum (30%) and SONANGOL (20%).

Blocks 8 and 23 cover areas of some 5,000 square kilometers each. Water depth in Block 8 is up to 500 meters while Block 23 has water depths up to 1,500 meters. Maersk Oil is already operator for activities in Block 16 offshore The initial exploration phase is for 4 years during which the work program comprises seismic acquisition and, later, exploration drilling.


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Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


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