Maersk Oil bought a 50% interest in the deepwater Block 16 in
2005 covering some 4,900 km2 and with water depths up to
1,500 metres. It currently holds a 65% interest, with partners
state oil company Sonangol P&P (20%) and Odebrecht (15%).
In 2006, Maersk Oil entered into Production Sharing Agreements
for Blocks 8 and 23 with an operated interest of 50%. Its
partners are Sonangol (20%)
and Svenska Petroleum (30%).
blocks lie in the offshore Kwanza basin and cover a combined
area of 9,780 km2 with water depth in Block 8 up to 500 metres
and in Block 23 up to 1,500 metres.
Maersk Oil discovered Chissonga, in Block 16, in 2009 and Azul,
in Block 23, in late 2011. Mid 2012 another discovery was made
in Block 16 with the Caporolo-1 well.