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Angola’s Sonangol, ExxonMobil sign oil exploration agreement

(Reuters) - Angola’s state oil company Sonangol and ExxonMobil on Friday signed a memorandum of understanding for oil exploration in the country’s Namibe basin,...

Former head of Angola’s SWF charged in $500M fraud

The former head of Angola’s $5 billion Sovereign Wealth Fund, José Filomeno dos Santos, has been charged with fraud relating to a $500 million...

Angola sets up new National Oil & Gas Agency

With aim of reducing control of country’s NOC and curbing conflicts of interest With a view to eliminating conflicts of interest and wresting power from...

Total farms into Angola

Total S.A. TOT has signed agreements with Sonangol, covering certain upstream and downstream operations in Angola. These agreements will further strengthen TOTAL's operation in the country....

Total to expand oil and gas activities in Angola

Total SA (FP.FR) said on Monday that it has signed several agreements with Angola's national oil company Sonangol, covering oil-and-gas exploration, production, refining and...

Saipem secures $500M in contracts, FPSO deployment

Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction, Installation (EPCI) activities and Trunklines & Installation (T&I)...

BP takes $750 million hit for Angola exploration write-off

(Reuters) BP will book a $750 million charge for unsuccessful exploration campaigns in Angola, the company said on Thursday, a write-off that will weigh...