Angola’s state oil and gas company Sonangol has announced the extension of deadline for farm down bid process to 20 August 2021
The national oil company also informs that, as a result, the deadline for submission of proposals is extended to 20 September 2021.
The sale involves more than 40,000 bpd.
Last month, Sonangol won back a stake in a Portuguese oil and gas company. The litigation concerned the 40% stake held by Exem, allegedly transferred by Sonangol EP in Esperaza Holdings BV, the vehicle through which the national oil company made, in 2006, a large and successful investment in the Portuguese oil and gas company Galp SA.
Also in last month, Sonangol launched the tender for investment in the refinery of Lobito during an event held in the Municipal Administration of Lobito.
