The new company would be supported by Eni and BP, benefitting from the competencies and personnel of each, and would be expected to be self-funded. Eni and BP have informed the Angolan Government of their intention. In addition, Eni has a stake in the non-operated blocks 0 (Cabinda), 3/05, 3 / 05A, 14, 14 K / A-IMI, 15 and in Angola LNG. BP is operator of Blocks 18 and 31 offshore Angola, and has non-operated stakes in blocks 15, 17, 20, and soon 29. BP also has non-operated interests in the NGC and Angola LNG.

Source: The North Africa Journal May 19, 2021 08:15 UTC