Angola: Eni takes two new blocks

Issue 404 - 21 Nov 2019 | 1 minute read

Eni has signed contracts with the Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) for offshore Block 1/14 and the onshore Cabinda Centre Block. Eni will operate 1/14 with a 35% stake, in consortium with Equinor (30%), Sonangol P&P (25%) and Acrep (10%). The Italian major will also operate Cabinda Centre with 42.5%, alongside ExxonMobil with 32.5% and Sonangol P&P with 25%.

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