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Oando expands into Angola with 45% stake in Kwanza Basin Block

Oando expands into Angola with 45% stake in Kwanza Basin Block

Business Day 3 months 1 mins read

Oando Plc has signed a production sharing contract for Block KON 13 in Angola, marking its first operated upstream venture outside Nigeria as the company pushes to expand across Africa’s oil-producing basins. The agreement was executed with Angola’s oil regulator, Agência Nacional de Petróleo, Gás e Biocombustíveis, for the onshore block located in the Kwanza […]

read more Oando expands into Angola with 45% stake in Kwanza Basin Block

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