Sonangol has launched a sales process for eight blocks in line with its exploration and production strategy.
Up for sale are partial interests in Blocks 3/05, 4/05, 5/06, 15/06, 18, 23, 27 and 31.
The company launched the plan on June 14. It will run until August 6 for companies to submit proposals, via email, to email@example.com.
Interested parties can also request more information via that email address.
Companies can bid individually or via a consortium.
The sales process should be completed by December 30, 2021.
Sonangol’s chairman Gaspar Martins called for local and international companies to participate in the virtual information sessions on the blocks.
The company held a video launch of its sales plans.
Angolan Minister of Oil and Gas Diamantino Azevedo oversaw the launch of the process.
Sonangol had planned to begin the process on June 11 but it was delayed to June 14.