17 April, 2014      13:30 GMT +1 Luanda 32°C
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2014 / 04 / 16
Norway’s Aker Solutions wins US$2.4 billion contract for Angola
The Norwegian company Aker Solutions announced on Tuesday that it had obtained a US$2.4 billion contract to supply the French oil group Total with an underwater production system for the Kaombo project in Angola’s offshore bloc 32. Located 90 miles from the Angolan coast, Kaombo is one of the wor...
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2014 / 04 / 16
The National Insurance Company of Angola (ENSA) plans to add import good insurance to its product portfolio this year, the company’s president announced on Monday in Luanda. During a gathering to mark the company’s 36th anniversary, Manuel Gonçalves said ENSA aimed to guarantee the quality of ...
2014 / 04 / 16
Investment contracts with Angolan and foreign companies worth US$92 million were signed on Tuesday in Luanda by representatives from the respective companies and the National Private Investment Agency (ANIP). ANIP president Maria Luísa Abrantes said the new contracts involved companies interested ...
2014 / 04 / 15
Angolan oil company Sonangol EP Monday in Luanda said it planned to auction off 10 new onshore oil blocks, in the Kwanza and Lower Congo basins, on 30 May. According to information published on the Sonangol website proposals from interested companies should be put forward by 30 April. Of the 10 bl...
Sonangol announces auction of onshore oil blocks in northern Angola
2014 / 04 / 15
French oil company Total plans to invest US$16 billion in the ultra-deep water of Angola’s offshore area, Angolan state oil company, Sonangol, said in a statement. Sonangol said the cash would be spent on the Kaombo project and was US$4 billion less than initially planned. The Kaombo project is...
2014 / 04 / 14
Brazil plans to loan Angola US$2 billion (200 billion kwanzas) to finance Brazilian exports of goods and services for carrying out construction work on the Laúca hydroelectric dam, according to a presidential decree published in Luanda. The funding follows a protocol between the two countries and ...
Brazil loans US$2 billion for Laúca dam

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