Sonangol to Transfer Iraqi Oil Fields?

By John Lee.

A recent report suggests that, in the uncertainty following the recent Angolan election, the Iraqi assets of the state-owned oil company Sonangol are in play.

Writing in Seeking Alpha, Jay Currie says the the Najmah and Qaiyarah [Qayara] oil fields may be transferred to Russian service company Eurasia Drilling, and questions the involvement of two Jordanian consultants and a Hong Kong-based company called United Energy Group.

The full article can be read here.

(Source: Seeking Alpha)

(Picture: Oil Minister Luaibi with Sonangol’s Edson Dos Santos, Baghdad, 30th August 2017)

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