Angola's state oil company Sonangol reported a record-high turnover of 12.6 billion U.S. dollars in 2022 since separating its concessionary function, according to local media. Local media quoted Sebastiao Gaspar Martins, the company's chairman of the Board of Directors, as saying during a press conference on Friday to mark the…
Angola s state oil giant
Sonangol plans an initial public offering of up to 30% of its
capital on the country s BODIVA bourse by 2027, and then a
listing of its shares on an international stock. | January 27, 2023
Galp Energia SGPS SA is considering a sale of its upstream operations in Angola, as Portugal’s biggest oil company seeks to streamline its hydrocarbon portfolio, according to people familiar with the matter.