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Sonangol Group

Type: Company

Name: Sonangol Group

Nationality: Angola

Web Address: http://www.sonangol.co.ao/

Fact Sheet: Fact Sheet for Sonangol Group

First reported May 23 2013 - Updated May 23 2013 - 1 reports

Standard Chartered Bank

Sonangol Said to Seek $2.5 Billion Loan With Standard Chartered

Sonangol EP, Angola’s state-owned oil company, is raising a $2.5 billion loan arranged by Standard Chartered Plc (STAN), according to two people with knowledge of the matter.The five-year debt will pay an interest margin of more than 300 basis points, ... [Published BusinessWeek - May 23 2013]

Entities: Sonangol Group, Standard Chartered Bank, Francisco de Lemos, Stephen Morris

First reported May 20 2013 - Updated May 20 2013 - 1 reports

BP plc

Property Will Attract Buyers to Angolan Companies, Banker Says

Land is the most attractive asset of state companies being sold by Angola, Africa’s largest crude oil producer behind Nigeria, Banco Angolano de Investimentos SA Executive Director Joao Fonseca said.The southwest African country plans to sell about 30 ... [Published Bloomberg - May 20 2013]

Entities: Angola, Panga, Luanda (Angola), Property, BP plc

First reported May 18 2013 - Updated May 18 2013 - 1 reports

Agricultural, Transport, Fisheries Subsidies to Continue

The Government will make adjustments to the fuels subsidies, but some sectors like agriculture, transport, fisheries and butane gas will continue to benefit due to their social importance.This was said to Angop by the Oil minister, Jos$ Maria Botelho ... [Published AllAfrica.com - May 18 2013]

Entities: Fisheries, Transportation, Sonangol Group, Butane, Angola

First reported May 18 2013 - Updated May 18 2013 - 1 reports

Endiama EP

Angola to sell 33 firms to boost economy

May 18, 2013 by Agency Reporter Leave a CommentAngola, Africa’s largest crude oil producer behind Nigeria, plans to sell about 33 state-owned companies over the next five years to increase efficiency and cut costs, its Economy Minister Mr. Abrahao Gourgel, ... [Published Nigeria Punch - May 18 2013]

Entities: Angola, Sonangol Group, Endiama EP, Lobito (Angola)

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Chevron Corp

Africa’s Strongest Crane Gets to Grips With Angola Oil Projects

Workers in Angola are completing construction of the strongest crane in Africa that will be used at offshore projects for Chevron Corp. (CVX)The fabrication yard of Paenal Porto Amboim Estaleiros Navais at Porto Aboim, about 260 kilometers (162 miles) ... [Published BusinessWeek - May 16 2013]

Entities: Angola, Chevron Corp, Sonangol Group

First reported May 16 2013 - Updated May 16 2013 - 2 reports

Angola to sell state-owned companies

Luanda - Angola plans to privatise more than a third of its state-owned enterprises.The Minister of Economy said the move would increase efficiency and cut costs.It is estimated that about 33 out of 90 government-run businesses would undergo the proc ... [Published ENCA - May 16 2013]

Entities: Angola, Sonangol Group, Luanda (Angola), privatise

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Sonangol Group

Angola to Sell More Than 30 State Companies to Bolster Economy

Angola, Africa’s largest crude oil producer behind Nigeria, plans to sell about 33 state-owned companies over the next five years to increase efficiency and cut costs, Economy Minister Abrahao Gourgel said.The formerly Marxist southwest African country ... [Published Bloomberg - May 15 2013]

Entities: Angola, Sonangol Group, Luanda (Angola)

First reported May 14 2013 - Updated May 14 2013 - 2 reports

Brazil kicks off first oil, gas auction in five years

* Comes as govt intervention mounts, global supply seen up* Petrobras, Galp, OGX win blocks in early bidding* Areas on offer believed to hold 35 bln barrels of oilBy Jeb Blount and Sabrina LorenziRIO DE JANEIRO, May 14 (Reuters) - Brazil on Tuesday kicked ... [Published Yahoo! UK and Ireland - May 14 2013]

Entities: Brazil, PETROBRAS Petróleo Brasileiro SA, BG Group Plc, Statoil ASA, Rio de Janeiro

First reported May 14 2013 - Updated May 14 2013 - 1 reports

Santos Basin Map 2013: Infrastructure and Facilities

Research and Markets (http://www.researchandmarkets.com/research/dh2g4d/santos_basin_map) has announced the addition of the "" map to their offering. This map is the ultimate visual reference for the Santos Basin area. Today most of the Santos basin activity ... [Published Individual.com - May 14 2013]

Entities: Santos Basin, PETROBRAS Petróleo Brasileiro SA, Sonangol Group, Brazil

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Victims of Burns Receive Oil Firm's Assistance

Luanda Thirteen children victims of fire at Petrangol gas filling up premises, on May 06, in Luanda, are receiving due treatment, says the state oil company Sonangol.Sonangol says the accident was caused by a failure on a hydraulic pump, resulting in ... [Published AllAfrica.com - May 09 2013]

Entities: Sonangol Group, Luanda (Angola), Detonation

First reported May 05 2013 - Updated May 05 2013 - 7 reports

Repsol aids Angola’s pre-salt oil search

Spanish group gives Sonangol access to its advanced seismic imaging technology in a bid to help the country model the oil-rich Kwanza BasinEuropean Energy Markets.White Paper:Power and gas companies now require advanced technology to overcome challenges ... [Published Commodities Now - May 05 2013]

Entities: Repsol SA, Angola, Commodities, HIV/AIDS

First reported May 03 2013 - Updated May 04 2013 - 1 reports

How to destabilize the Assad regime

In the wake of reports that Syrian President Bashar al-Assad allegedly used sarin, a chemical weapon, it appears that U.S. President Barach Obama is on the brink of providing the Syrian opposition with lethal weapons. But it certainly does not seem that ... [Published Foreign Policy Magazine - May 03 2013]

Entities: Syria, Sonangol Group, United States, CITGO

Quotes

The minister was speaking on the fringes of the first "International conference on taxes in the annual cycle, efficacy of incentives to economic development and the problematic of fiscal exemption" held from May 15-16

Agricultural, Transport, Fisheries Subsidies to Continue [Published AllAfrica.com - May 18 2013]

...Jornal de Angola as saying more than 300,000 people, or approximately the entire known population of the province, are at risk of malnutrition. "We are worried about the situation. There is a lack of food and water for people and cattle" he said

Tax Evasion, Urbanisation and Drought [Published AllAfrica.com - May 17 2013]

"The crane will be ready by mid-June," Guerra said. "It will work on the FPSO for Total’s Clov project, N’ma for SBM and Mafumeira for Chevron" he said, referring to floating production storage and offloading vessels for the respective French and Dutch companies, and the U S company’s most expensive...

Africa’s Strongest Crane Gets to Grips With Angola Oil Projects [Published BusinessWeek - May 16 2013]

"We found some grenades, but there were no explosions," said Sjolin, who surveyed the entire route on foot. "We had to go around some properties like the local petroleum school and land belonging to generals."

Eltel Cable Set to Bring Power to New Angola Refinery by October [Published BusinessWeek - May 16 2013]

More Content

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Sonangol Said to Seek $2.5 Billion Loan With St... [Published BusinessWeek - May 23 2013]
Tidewater Management Discusses Q4 2013 Results ... [Published Seeking Alpha - May 21 2013]
Property Will Attract Buyers to Angolan Compani... [Published Bloomberg - May 20 2013]
Nations fail to manage riches [Published Zawya.com - May 19 2013]
Agricultural, Transport, Fisheries Subsidies to... [Published AllAfrica.com - May 18 2013]
Angola to sell 33 firms to boost economy [Published Nigeria Punch - May 18 2013]
Tax Evasion, Urbanisation and Drought [Published AllAfrica.com - May 17 2013]
Africa’s Strongest Crane Gets to Grips With Ang... [Published BusinessWeek - May 16 2013]
Angola to sell state-owned companies [Published ENCA - May 16 2013]
Eltel Cable Set to Bring Power to New Angola Re... [Published BusinessWeek - May 16 2013]
Angola to sell 33 state-owned firms [Published BDlive - May 16 2013]
Angola LNG fire mars latest start-up attempt [Published Reuters - May 15 2013]
Angola to Sell More Than 30 State Companies to ... [Published Bloomberg - May 15 2013]
Angola Plans Customs Levy Changes to Protect Lo... [Published BusinessWeek - May 15 2013]
UPDATE 2-Brazil gets strong bids at first oil, ... [Published Reuters India - May 14 2013]
Brazil kicks off first oil, gas auction in five... [Published Yahoo! UK and Ireland - May 14 2013]
UPDATE 1-Brazil kicks off first oil, gas auctio... [Published CNBC - May 14 2013]
Santos Basin Map 2013: Infrastructure and Facil... [Published Individual.com - May 14 2013]
How to sustain Africa’s boom [Published Daily News South Africa - May 14 2013]
Single-run “mega-combo” LWD/MWD improves format... [Published World Oil - May 14 2013]
VAALCO Energy's CEO Discusses Q1 2013 Results -... [Published Seeking Alpha - May 10 2013]
Tax evasion still crippling Africa as rich coun... [Published Guardian.co.uk - May 10 2013]
AAPSI Foresees Conclusion of Database On Intern... [Published AllAfrica.com - May 10 2013]
Malaysian Firms Explore South Africa, Angola Oi... [Published Bernama - May 10 2013]
Victims of Burns Receive Oil Firm's Assistance [Published AllAfrica.com - May 09 2013]
Positioning NPDC as a leading independent oil, ... [Published Vanguard - May 07 2013]
Atrocity Supply Chain Should Be Focus of Kerry’... [Published Human Rights First - May 07 2013]
Repsol aids Angola’s pre-salt oil search [Published Commodities Now - May 05 2013]
Repsol aids Angola’s pre-salt oil search [Published Financial Times - Asia homepage - May 05 2013]

Blogs

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Q: Do You Tell The Central Bank What To Do? A: ... [Published FCPA Compliance and Ethics Blog - Apr 10 2013] Last weekend in the Financial Times (FT) was a report by Tim Burgis of an interview he held over a lunch meeting with the Angolan Isabel dos Santos, who Forbes magazine recently declared “the continent’s first female billionaire.” Ms. dos Santos is ...
Eni announces first production from the Junin-5... [Published Green Car Congress - Mar 17 2013] PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco—the area with the largest untapped hydrocarbon reserves in the world, according to Eni. The ...
Oil in the Angolan President’s Family: Keeping ... [Published {AFRICA IS A COUNTRY} - Mar 04 2013] A few months late to this story, the Wall Street Journal published a piece last Wednesday entitled “Angola Wealth Fund is Family Affair.” This was widely reported in the international press back in the fall when the Fundo Soberano de Angola was ...
Guest Post: The Top Oil Finds Of 2013 [Published Zero Hedge - Feb 27 2013] Originally posted at OilPrice.com , Last year was a record one for major new discoveries, and 2013 has so far demonstrated that the road to discovery still has plenty of mileage. The past two months alone have netted new finds in Egypt, a flurry of ...
Drumbeat: February 25, 2013 [Published The Oil Drum - Discussions about Energy and Our ... - Feb 25 2013] Randy Udall - The shale phenomenon: fabulous miracle with a fatal flaw In 2000, the experts were unanimous: American oil and gas production was in terminal decline. By 2015, it was said, we’d need 10 supertankers a day, carrying 12 million barrels ...

Press Releases

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Research and Markets: Angola: Deepwater Report ... [Published Business Wire - Apr 19 2013]
Research and Markets: Angola: Deepwater Report ... [Published Business Wire Energy News - Apr 19 2013]
The tanker Stena Sunrise named in South Korea [Published CisionWire - English - Feb 04 2013]
New ship naming ceremonies in South Korea [Published CisionWire - English - Jan 11 2013]