Angola's Sonangol finds offshore reservesStaff writer ▼ | April 15, 2016
Angola's state oil company Sonangol has found oil and gas reserves in the Kwanza basin that could total 2.2 billion barrels of oil equivalent, including in a block it jointly owns with BP.
Oil exploration 2.2 billion barrels of oil equivalent
Sonangol said that Block 20, which it operates, is also commercially viable and contains an estimated 139 million barrels of condensate and 2.5 trillion cubic feet of gas, totalling 570 million barrels of oil equivalent. ■