Petroleum Africa
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Friday, April 5, 2013
The guidelines for a planned bidding round have been approved by the government of Angola. The blocks to be put on offer are located onshore in the Kwanza and Lower Congo basins.
The government said in a statement that it has asked parliament to approve the plan and Sonangol is in charge of awarding licenses.
In February Sonangol board member Sebastiao Martins said that the company was awaiting government approval for plans to launch the 10-block licensing round.
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