Operators to test presalt Brazil-like blocks off Angola

01/02/2012
Offshore Angolan prospects geologically similar to presalt discoveries off Brazil will be tested under production sharing agreements signed by state-owned Sonangol and several international operators. BP, Eni, Statoil, and Cobalt International Energy reported new PSAs with Sonangol. Total earlier disclosed plans to acquire 3D seismic data and drill five wells on three contiguous deepwater blocks in the Kwanza basin, two of which it will operate with the third to be operated by Statoil (OGJ Online, Dec. 20, 2011). BP signed PSAs for interests in four blocks covering 19,400 sq km in the Kwanza and Benguela basins. It will operate Blocks 19 and 24 with 50% interests each and acquire interest...
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