Angola floats new oil and gas tender

ANGOLA – Angola’s National Agency of Oil, Gas and Biofuels (ANPG) has launched a marginal field development public tender with the deadline for submission being 30 September. Open to foreign entities, the winner will have a deadline of six months to execute the contract, as reported in the Jornal de Angola. The Southern African nation with an average oil production of 1.2 million barrels per day is Sub-Saharan Africa’s second largest oil producer after Nigeria and has an estimated 17,904.5 million cubic feet of natural gas production. Further, the country holds 9 billion barrels…

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