Luanda – The launch of the process of partial alienation of Sonangol’s oil concession stakes is due to take place on Monday, at an event in which the target oil blocks will be announced.

The initiative is in line with the strategy for management, maintenance and sustainability of the Angolan company’s portfolio of oil exploration and production assets, held by the Exploration and Production Unit in several oil concessions.

Thus, today, at the official opening of the process the tender procedures, the Blocks, the respective participating interests to be sold and their data, in terms of crude potential, will be disclosed.

The event will be held at the Talatona Conference Centre, in Luanda and will also be broadcast online

Source: Angola Press News Agency