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Angola
Sonangol privatisation: behind the scenes of Lourenço's last chance operation

While the economy is continuing to suffer with the drop in national oil output, Luanda is busy preparing the sale of the state-owned firm in the background. Here's how. [...]

Published on 18/02/2020 at 04:30 GMT Reading time 2 minutes

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Energy

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ANPG
Bodiva
Chevron
Diamantino Azevedo
Igape
IMF
Joao Lourenco
Patricio Vilar
Paulino Jeronimo
Sonangol
VdA

Angola
Lourenço relaunches privatisation of Angola's leading insurance company

João Lourenço has relaunched the partial privatisation of ENSA in the hope of reducing public debt, estimated at 60% of GDP in 2022.

Subscribers only Finance 22.04.2024

Angola
Belltree uses Luanda-Edinburgh network to land contract with state petroleum agency ANPG

To help win a contract to assess opportunities in Angola's oil sector, the Scottish consultancy Belltree has turned to the well-connected businessman Bráulio de Brito, president of the UK-Angola Chamber of Commerce.

Subscribers only Energy 29.01.2021

Angola
Why Sonangol won't see increase in oil output from Luanda refinery this year

The work carried out by the Italian firm Maire Tecnimont to improve the performance of the country's only oil refinery will not be complete by mid-2021 as planned.

Subscribers only Energy 26.01.2021

Angola
"Bad bank" Recredit gets generous Treasury funding but no change from its debtors

The Angolan authorities, who are keen to demonstrate that the era of easy loans for regime notables is over, have given a glowing account of the performance of bad loans management company Recredit. The latter's success is not what it seems, however:

Subscribers only Finance, Business 22.09.2020

Angola
ANPG defies Covid crisis to sign new deal with ExxonMobil on block 30

The Covid-19 pandemic has not stopped Angola's hydrocarbons regulatory body, the ANPG, from signing a risk service contract (RSC) with American super major ExxonMobil for the offshore exploration of block 30 in Namibe Basin.

Subscribers only Energy 20.07.2020

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

With oil production in Angola in free fall, exploration has been at a standstill since the start of the second quarter. The situation is likely to last until at least the end of 2020.

Subscribers only Energy 04.06.2020

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Amid plummeting crude prices, Angola's president has decided to make sweeping changes to Sonangol, the state oil firm. But not everyone is happy.

Subscribers only Energy 27.05.2020

Angola
Mired in crisis, Luanda turns to the AFC

Hard-hit by the continuing fall in oil prices that began at the start of the year, Angola is very keen to join the Africa Finance Corp, the pan-African multilateral banking institution based in Nigeria.

Subscribers only Finance, Politics 04.03.2020

Angola
Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola's oil and gas regulatory authority, the ANPG, will soon [...]

Subscribers only Energy 18.02.2020

Angola
LNG: why Chevron and Sonangol are dreading 2022

The joint venture Angola LNG, which manages the LNG facility in Soyo, is somewhat down in the dumps. The firm, [...]

Subscribers only Energy 04.02.2020

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Former Angolan vice president and ex-Sonangol chairman Manuel Vicente may have had to leave executive government when President João Lourenço stepped into office in 2017, he certainly hasn't lost any of the stronghold of the country's oil industry he patiently [.

Subscribers only Energy 04.02.2020

Angola
LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

The new 14% value added tax (VAT) that took effect in Angola on October 1 will not apply to the gas sector.

Subscribers only Energy 03.12.2019

Angola
Who is the shadow architect behind the Sonangol privatisation scheme?

While Angolan president Joao Lourenco has been fronting a push [...]

Subscribers only Energy 08.10.2019

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ANPG
Bodiva
Chevron
Diamantino Azevedo
Igape
IMF
Joao Lourenco
Patricio Vilar
Paulino Jeronimo
Sonangol
VdA

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Angola
Sonangol privatisation: behind the scenes of Lourenço's last chance operation

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Set up email notifications for these topics

Angola
Lourenço relaunches privatisation of Angola's leading insurance company

Angola
Belltree uses Luanda-Edinburgh network to land contract with state petroleum agency ANPG

Angola
Why Sonangol won't see increase in oil output from Luanda refinery this year

Angola
"Bad bank" Recredit gets generous Treasury funding but no change from its debtors

Angola
ANPG defies Covid crisis to sign new deal with ExxonMobil on block 30

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola
Mired in crisis, Luanda turns to the AFC

Angola
Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola
LNG: why Chevron and Sonangol are dreading 2022

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Angola
LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

Angola
Who is the shadow architect behind the Sonangol privatisation scheme?

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Indigo Publications' websites

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Angola Sonangol privatisation: behind the scenes of Lourenço's last chance operation

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Angola Lourenço relaunches privatisation of Angola's leading insurance company

Angola Belltree uses Luanda-Edinburgh network to land contract with state petroleum agency ANPG

Angola Why Sonangol won't see increase in oil output from Luanda refinery this year

Angola "Bad bank" Recredit gets generous Treasury funding but no change from its debtors

Angola ANPG defies Covid crisis to sign new deal with ExxonMobil on block 30

Angola ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola Mired in crisis, Luanda turns to the AFC

Angola Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola LNG: why Chevron and Sonangol are dreading 2022

Spotlight | Angola Manuel Vicente's circles still in command of oil dollars

Angola LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

Angola Who is the shadow architect behind the Sonangol privatisation scheme?

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Angola
Sonangol privatisation: behind the scenes of Lourenço's last chance operation

Angola
Lourenço relaunches privatisation of Angola's leading insurance company

Angola
Belltree uses Luanda-Edinburgh network to land contract with state petroleum agency ANPG

Angola
Why Sonangol won't see increase in oil output from Luanda refinery this year

Angola
"Bad bank" Recredit gets generous Treasury funding but no change from its debtors

Angola
ANPG defies Covid crisis to sign new deal with ExxonMobil on block 30

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola
Mired in crisis, Luanda turns to the AFC

Angola
Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola
LNG: why Chevron and Sonangol are dreading 2022

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Angola
LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

Angola
Who is the shadow architect behind the Sonangol privatisation scheme?