Angola offshore round pulls in locals but majors steer clear

Angola received 37 proposals from 11 individual or group bidders in a farm-out round covering eight Sonangol offshore fields. The acreage included blocks 3/05, 4/05, 5/6, 15/06, 18, 23, 27 and 31. Eni is the operator on block 15/06, while BP is operator on blocks 18 and 31. Nine companies grouped themselves together into four bidding groups, while a further seven companies applied as individual entities.