Italy's ENI finds oil offshore in Angola: Sonangol

Thu Oct 29, 2009 5:59am GMT
 

LUANDA (Reuters) - Italian energy giant Eni has made an offshore oil discovery in Angola, Angolan state-owned oil company Sonangol announced on Wednesday.

The deepwater oil discovery was made in the Cabaca Norte-1 well at a depth of 2,830 metres below sea level in Angola's block 15/06, Sonangol, which is the concessionary of the block, said in a statement. Eni is the operator of the bloc with a 35 percent stake, Sonangol Sinopec International Limited holds 20 percent, Sonangol P&P 15 percent and Tepa Block Total 15 percent.

Falcon Oil Holding Angola, Petrobras Internacional and Statoil Angola each hold 5 percent, according to the Sonangol statement published on state-owned news agency Angop.

Photo
Uganda gays feel threatened by bill

Being gay or lesbian in Uganda is illegal and those who are risk being locked away for up to 14 years. Now, a new parliamentary bill wants gay people to face even stiffer penalties and is proposing life imprisonment and even death sentences in some cases...  Blog 

 
Photo
Ethiopian plane crash should not sully success story

When news of the Ethiopian Airlines plane crash broke this morning my heart sank at the thought of covering yet another negative story about Ethiopia.  Blog 

 
Photo
How will Chinese culture influence Africa?

So far, media coverage of China’s involvement in Africa has mostly been about investment. Stories of Chinese engineers in hard hats standing by roads up mountains in Ethiopia. Stories of Chinese farmers moving to Zambia.   Blog 

 
Photo
The unnumbered dead

The simple answer to the question of how many people died in Congo’s civil war is “too many”.  Blog 

 
Photo
Guinea tests Western influence in Africa

Whether Guinea’s absent junta leader Moussa Dadis Camara makes it back to his home country or not will be the latest test of Western powers’ dwindling influence in Africa.  Blog 

 
Photo
Africa-Asia ties flying high

Investment from China and other Asian countries was an important factor in several years of unprecedented growth in Africa before the global downturn hit.  Blog 

 
Powered by Reuters AlertNet. AlertNet provides news, images and insight from the world's disasters and conflicts and is brought to you by Reuters Foundation.