Angola awards deepwater PSAs

06/07/1999
Angola license awards [67,892 bytes] As interest mounts in Angola's hot deepwater play, state firm Sonangol has awarded production-sharing agreements to BP Amoco plc, Elf Exploration Angola, and Exxon Corp. BP Amoco was awarded Block 31, which covers 5,400 sq km of the prolific Lower Congo basin in water 1,500-2,500 m deep. BP is now operator of Blocks 18 and 31 and interest holder in a further six licenses here. Block 31 license interests are: operator BP Amoco 26.67%, Exxon unit Esso Exploration 25%, Sonangol 20%, Statoil AS 13.33%, Marathon Oil Co. 10%, and Elf 5%. A BP Amoco official told OGJ the company plans to begin acquiring 3D seismic data over...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected