Post by Blitz on Jun 2, 2022 8:27:38 GMT -5
africaoilgasreport.com/2022/05/farm-in-farm-out/angolas-bid-strategy-deliver-50-blocks-to-ep-companies-in-five-years/
I cannot copy and paste the article, but it's available via the link above. It points to more deepwater E&P projects on the horizon as their current oil fields in decline and need to be replenished.
Most of the proved reserves are located in the offshore parts of the Lower Congo and Kwanza Basins. Most exploration activity in Angola is conducted offshore at depths of more than 1,200 meters (3,937 feet). Most exploration and production activities have been located in the offshore part of the Lower Congo Basin. Jan 25, 2021
I cannot copy and paste the article, but it's available via the link above. It points to more deepwater E&P projects on the horizon as their current oil fields in decline and need to be replenished.
Most of the proved reserves are located in the offshore parts of the Lower Congo and Kwanza Basins. Most exploration activity in Angola is conducted offshore at depths of more than 1,200 meters (3,937 feet). Most exploration and production activities have been located in the offshore part of the Lower Congo Basin. Jan 25, 2021