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Exploration News in Angola

Eni, Total among Winners of Rights to Develop Angolan Blocks
1/16/2020 - Eni and Total were among the successful bidders for rights to develop three offshore blocks in Angola out of 10 auctioned late last year. Eni and Total won operator rights to blocks 28 and 29 respecti...
Eni Finds the 5th Light Oil Discovery in Block 15/06
6/3/2019 - Eni has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Agidigbo exploration prospect, and analysis of post drill results indicate ...
Eni Announces a New light Oil Discovery in Block 15/06
5/14/2019 - After Kalimba, Afoxé and Agogo, the Ndungu discovery further demonstrates the exploration potential contained in the block’s deeper geological sequences. ...
Eni Finds Major Oil Discovery Offshore Angola
3/13/2019 - Eni announces a major oil discovery in Block 15/06, in the Agogo exploration prospect, in Angola’s deep water. The new discovery is estimated to contain between 450 and 650 million barrels of light oi...
Angola's Sonangol, Exxon Mobil Sign Oil Exploration Agreement
12/14/2018 - Angola’s state oil company Sonangol and Exxon Mobil on Friday signed a memorandum of understanding for oil exploration in the country’s Namibe basin, the two firms said. ...
Eni Found New Oil Discovery in Block 15/06, Offshore Angola
12/10/2018 - Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between 170 and 200 million barrels of light oil in plac...
Eni Makes New Oil Discovery Offshore Angola
6/25/2018 - Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 million barrels of light...
Angola Invites Bids for Two Offshore Oil Blocks
4/20/2018 - Angola’s state-run oil firm Sonangol is inviting bids for stakes in two offshore oil blocks in Africa’s second-largest crude producer, Sonangol said on Friday. ...
Angola's Sonangol Cancels Auction for Eight Oil Blocks
5/18/2017 - Angola's state oil company Sonangol has cancelled an auction of oil exploration licences for eight blocks, blaming the drop in oil prices since the bidding opened. "The remarkable drop in the price of...
Cobalt Announces Closing of DOJ Investigation
2/9/2017 - Cobalt International Energy, Inc. (Cobalt) has received a letter from the United States Department of Justice (DOJ) advising Cobalt that the DOJ has closed its FCPA investigation into Cobalt’s operati...
Sonangol Extends Bid Deadline for Onshore Blocks
9/20/2015 - Sonangol E.P., as the national concessionaire of the mining rights for exploration, development and production of liquid and gaseous hydrocarbons in Angola, would like to inform the prequalified compa...
Angola Requests Bids for 10 Onshore Oil Blocks
7/20/2015 - Angola's state oil firm Sonangol requested prequalified bidders to submit bids for ten onshore oil blocks as Africa's second largest crude exporter aims to open up new exploration opportunities. U.S. ...
Eni Wins Three-Year Extension on Block 15/06 Exploration Period
1/19/2015 - Eni obtained a three-year extension from the Angolan authorities to the exploration period of the prolific Block 15/06, located in Angola’s offshore, approximately 350 kilometers north-west of the cap...
Statoil Calls Time-out in Kwanza Exploration Drilling Program
11/21/2014 - Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contract will ce...
Vaalco Enters into Subsequent Exploration Phase on Block 5
10/24/2014 - VAALCO Energy, Inc has entered into the Subsequent Exploration Phase ("SEP") on Block 5 offshore Angola together with its working interest partner, Sonangol P&P, as provided for in the Production Shar...
Angola to Hold Tender for 12 Offshore Oil Blocks in 2015
6/20/2014 - Angolan state oil company Sonangol plans to launch a tender for licences to explore 12 new offshore oil blocks in 2015, state news agency Angop cited Oil Minister Jose Botelho de Vasconcelos as saying...
Rosneft Delegation Held Negotiations in Angola
4/22/2014 - Rosneft delegation undertook a working visit to the Republic of Angola. The delegation is led by the Company’s Vice-President Andrey Shishkin. During the visit the delegation held negotiations with mi...
Angola to Launch Tender for 10 New Onshore Oil Blocks on May 30
4/14/2014 - Angola will start the tender process for onshore oil exploration at 10 new blocks in the Congo Basin and Kwanza Basin on May 30, state oil firm Sonangol said. Companies that want to take part in the t...
Sonangol Starts Tender Process for 10 Onshore Oil Blocks
1/14/2014 - Angolan state oil firm Sonangol said it planned to launch a tender process for onshore oil exploration licences in 10 new blocks in the Kwanza and Lower Congo basins later this month. ...
Statoil Exploration to Focus on Africa, Norway in 2014
11/25/2013 - Norwegian oil major Statoil expects to keep exploration spending close to this year's record level in 2014, even as some peers rein in investment to save cash for dividends and to combat rising costs....

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