Oil and Gas

Sonangol and Total get a step closer

Thursday, 16 July 2015 21:12

(Ecofin Agency) - Sonangol, national oil company of Angola, and the French oil group Total entered, on 3rd July into an agreement to strengthen their partnership in various fields, including in the joint production and exploration of oil in Angola and abroad, reports Angola Press.

The chairman of the Sonangol Board, Francisco de Lemos, and the CEO for Total, Patrick Pouyanné (pictured), signed the agreement, during the Angola-France Economic Forum, in the presence of the French head of state, François Hollande, who was on a short official visit to Luanda, Angola.

The agreement makes provision for actions in the fields such as technical assistance and personnel training, research, exploration and production of crude oil.

Patrick Pouyanné a réitéré, à cette occasion, l’intérêt de Total de créer à l'avenir une usine de production de gaz liquéfié et de distribuer des lampes solaires en Angola, principalement dans les zones rurales, apprend-on.

Patrick Pouyanné reiterated, on that occasion, the desire of Total to build up in the future a liquid gas production plant and to give away solar lamps in Angola, particularly in rural areas.

Le groupe Total est l’un des grands groupes pétro-gaziers en activité en Angola, surtout dans l’offshore ultra-profond, où il est opérateur du bloc 17 pour le compte du concessionnaire Sonangol, avec une participation de 40 %, aux côtés de Statoil (23,33 %), d’Esso Exploration Angola Block 17 Ltd (20 %) et de BP Exploration Angola Ltd (16,67 %). 

The Total group is one of the biggest oil and gas groups operating in Angola, especially in ultra-deep offshore, where it operates block 17 on behalf of the licensee Sonangol, with a shareholding of 40%, with Statoil (23.33%), Esso Exploration Angola Block 17 Ltd (20%) and BP Exploration Angola Ltd (16.67%).

Récemment, le groupe français a annoncé avoir atteint la barre symbolique des deux milliards de barils de production cumulée sur le bloc 17. En 2014, la part de la production du major pétrolier Total a atteint 200 000 barils équivalents pétrole par jour qui proviennent principalement des blocs 17,0 et 14.

The French group recently announced have reached the symbolic mark of two billion barrels in cumulated production on block 17. In 2014, the production share of Total reached 200,000 barrels of oil equivalent per day coming principally from blocks 17, 0 and 14.

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