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Tag Archives | Angola

Big Oil to spend $25bn in Iraq Next Year

By on 11th November 2013 in Iraq Oil & Gas News, Security

By John Lee. Iraq's deputy prime minister for energy, Hussain al-Shahristani (pictured), has said that 'Big Oil' is about to spend over $25 billion next year to boost oil output towards record levels. He predicted that the southern fields are expected to pump an extra 500,000 bpd in 2014, compared to just over 3 million […]

Sonangol to Start Work on Ninewa Oilfields

By on 14th March 2011 in Iraq Oil & Gas News

Angolan oil company Sonangol started work on Thursday at the Najma [Najmah] and Qaiyara [Qaiyarah] oil fields in Ninewa, and it will start to dig wells in April, according to a report from Aswat al-Iraq. In the second licensing round in 2009, Sonangol was the only company to submit bids for these fields. In both […]