Acquisitions and Divestitures News in Angola

Afentra Announces Publication of Admission Document and Notice of General Meeting
8/10/2022 - Afentra plc, an upstream oil and gas company listed on AIM and focused on acquiring production and development assets in Africa, is pleased to announce that further to the announcement made on 28 Apri...
Afentra Acquires Additional Interests in Angola
7/19/2022 - Afentra plc is pleased to announce that its wholly-owned subsidiary, Afentra (Angola) Ltd, has signed a Sale and Purchase Agreement ('SPA') with INA - Industrija Nafte, d.d. to acquire a 4% interest i...
SPA Signed to Acquire Angolan Offshore Production Assets
5/4/2022 - Sirius, the Africa focused oil & gas production and development company and its local JV partner, Somoil S.A., the largest privately owned Angolan oil company, are pleased to announce that the joint S...
Afentra Signs Sale and Purchase Agreement with Sonangol
4/28/2022 - Afentra plc is pleased to announce that its wholly-owned subsidiary, Afentra (Angola) Ltd, has signed a Sale and Purchase Agreement (‘SPA’) with Sonangol Pesquisa e Produção S.A. ('Sonangol') to purch...
Sequa Petroleum Reaches Agreement to Acquire 10% of Block 15/06
4/28/2022 - Sequa Petroleum N.V. (“SPNV”) is pleased to announce that Sungara Energies Limited (“Sungara”) has entered into an agreement with Sonangol Pesquisa E Produção, S.A. (“Sonangol P&P”) to purchase a 10% ...
Afentra Selected as Preferred Bidder; Shares Remain Suspended
4/11/2022 - Afentra plc ('Afentra' or the 'Company') confirms that Sonangol E.P ('Sonangol') 1 has announced that Afentra has been selected as preferred bidder to purchase interests in Block 3/05 and Block 23 (th...
Afentra Continues Negotiations with Sonangol
2/3/2022 - Afentra plc confirms that negotiations with Sonangol E.P ('Sonangol')1 to purchase interests in Block 3/05 and Block 23 (the "Acquisition") in Angola have continued into the new year. This follows the...
TotalEnergies Sells its Non-Operated Interest in Block 14
1/17/2022 - TotalEnergies has signed an agreement to sell, jointly with Inpex, the company Angola Block 14 B.V. to the Angolan Company Somoil. The transaction is subject to the approval of the Angolan authorities...
Expression of Interest Submitted to Sonangol for Potential Acquisition in Angola
10/8/2021 - Afentra plc, an upstream oil and gas company listed on AIM and focused on acquiring production and development assets in Africa, confirms that it has submitted a non-binding Expression of Interest to ...
ANPG Signs PSC for Block 29 with Total E&P Angola
8/9/2021 - ANPG signed with Total E&P Angola, on the 30th of July, the production sharing contract for Block 29. This contract became effective on August, 2nd 2021.

Under this contract, Total E&P Ang...
Eni & BP to Explore Combining Angolan Interests into New JV
5/19/2021 - Eni and bp announced that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their upstream portfolios in Angola, including all their ...
Puma, Trafigura Announce Transfer Puma’s Angolan Business to Sonangol
4/16/2021 - - Puma Energy’s balance sheet recapitalized from US$500m Rights Issue and US$600m sale of Angolan assets to Sonangol
- Sonangol agreed the sale of its shares in Puma Energy to Trafigura
- S...
ExxonMobil & Sonangol Sign 3 Contracts for the Namibe Basin
10/7/2020 - Angola's National Oil, Gas and Biofuels Agency (ANPG) has signed three Risk Service Agreements with ExxonMobil and Sonangol that make it possible to increase the exploration area in the offshore area ...
Qatar Petroleum Enters Exploration Agreement in Angola
8/18/2020 - Qatar Petroleum entered into a farm-in agreement with Sonangol, the national oil company of Angola, and Total to acquire a 30% participating interest in Block 48, located in the ultra-deep waters offs...
Eni Awarded New E&P License in Namibe Basin Offshore Angola
1/17/2020 - ANPG, State concessionaire for oil & gas rights in Angola, assigned Block 28 to Eni (as Operator with 60%), as a result of the international competitive Bid Round 2019. This result allows Eni to furt...
Total Acquires Interests into 2 New Offshore Licenses
12/16/2019 - Total has signed a sale and purchase agreement with state-owned Sonangol of Angola to acquire interests in Blocks 20/11 and 21/09 in the Kwanza Basin, offshore Luanda. ...
The Carlyle Group Launches Boru Energy With Oil Industry Veterans Aidan Heavey and Tom Hickey
10/1/2019 - Global investment firm, The Carlyle Group has agreed to partner with Aidan Heavey and Tom Hickey, through Boru Energy, a new platform that will target acquisitions of oil & gas assets across Sub-Sahar...
SOCO Provides Update on Sale of Angolan Interests
9/28/2018 - As announced on 2 July 2018, SOCO entered into a sale and purchase agreement (SPA) for the sale of the Group’s entire 80% shareholding in SOCO Cabinda Limited, the company holding a 22 percent, non-op...
Total and Sonangol Strengthen Their Cooperation in Angola
5/28/2018 - During an official visit to France by Joao Lourenço, the President of the Republic of Angola, Patrick Pouyanné, Chairman and CEO of Total, and Carlos Saturnino, Chairman of the Board of Directors of S...
SOCO Increases Interest in Cabinda North Block
11/28/2017 - Following on from Eni's announcement on 27 November 2017 of their appointment as Operator of the Cabinda North Block, SOCO is pleased to announce that its 80% owned subsidiary, SOCO Cabinda Limited, h...

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