Exploration Licensing Offshore Angola
11/2/2006 5:48 PM
Maersk Oil Angola (Maersk Oil) and partners have on 2 November 2006 entered Production Sharing Agreements with SONANGOL covering Blocks 8 and 23 offshore Angola. Maersk Oil is designated operator and holds a 50% working interest. Other partners in Blocks 8 and 23 are Occidental Petroleum (30%) and SONANGOL (20%).
Blocks 8 and 23 cover areas of some 5,000 square kilometers each. Water depth in Block 8 is up to 500 meters while Block 23 has water depths up to 1,500 meters. Maersk Oil is already operator for activities in Block 16 offshore
The initial exploration phase is for 4 years during which the work program comprises seismic acquisition and, later, exploration drilling.
View mapContact person: Senior Vice President Anders Würtzen, phone: +45 33 63 38 80.