Group Sonangol is a parastatal that oversees petroleum and natural gas production in Angola. The group consists of Sonangol E.P. and its many subsidiaries. The subsidiaries generally have Sonangol E.P. as a primary client, along with other corporate, commercial and individual clients.
Sonangol was founded in 1953
The subsidiaries generally have Sonangol E.P. as a primary client, along with other corporate, commercial and individual clients. Angola is estimated to have over 5 billion barrels (790,000,000 m3) of offshore and coastal petroleum reserves, and new discoveries are outpacing consumption by a 5 to 1 ratio.
Sonangol Information
| Industry | Oil and gas industry |
|---|---|
| Founded | 1976 |
| Headquarters |
Luanda
, Angola
|
|
Key people
|
Sebastião Gaspar Martins (Chairman and CEO) |
| Owner | Government of Angola |
| Website | Sonangol.co.ao |
Source – Wikipedia.
