ExxonMobil has signed risk service contracts with the National Oil, Gas and Biofuels Agency (ANPG) for three blocks in the unexplored Namibe Basin offshore southern Angola. ExxonMobil will operate blocks 30, 44 and 45 with a 60% stake. Sonangol Pesquisa e Produção will hold the other 40%. The blocks cover an area totalling 17,800km2, located 50km-100km from the Angolan coast, in a water depth of between 1,500 metres and more than 3,000 metres.
Tagged with:
Subscribe to African Energy
African Energy is a brand of
