Africa Angola Development FDI Government Oil Tender

Angola launches marginal field development tender

National Agency of Oil, Gas and Biofuels (ANPG) launched Monday the limited public bid by previous qualification for development of oil marginal fields in Angola.

The tender is open to foreign entities and runs until 30 September.

The winner will have six month deadline for the execution of the contract, according to the announcement published Monday in “Jornal de Angola” newspaper edition.

Also read: Bank of Angola provides US$200M for September auctions

In accordance with the provisions number 1 of the article 69 and of the appendix six of the Law 9/16 of 16 June, Public Contracts Law, the tender procedures will be provide throughout email, after the payment of AKz 250,000 in the Single Treasury Account.

Angola has an average production of 1.2 million barrels / day, second largest oil producer in Sub-Saharan Africa, behind Nigeria with 1.7 million.

Source: Angop

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: