Africa: Oando Expands Upstream Footprint in Africa, Wins Bid for Angola Oil Block

Abuja — Oando Plc, one of Africa’s leading indigenous energy solutions, yesterday announced that it had successfully completed and won the bid for the operatorship of oil block KON 13 in Angola.

The company which recently acquired Eni of Italy’s oil assets in Nigeria, disclosed that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator.

In a statement made available to THISDAY, Oando disclosed that…