After 8 years, Angola carries out auctions in the oil basins

According to the National Agency for Petroleum, Gas and biofuels of Africa (ANGP), bids will cover the basins of block 10 in Benguela, and 11, 12, 13, 27, 28, 29, 41, 42 and 43, of Namibe. The roadshow for the exhibition of the oil regions will pass through Luanda, Africa, Houston, Texas, and Dubai, UAE.

The bids will contribute to the development and investment of the country and the African offshore sector, since the last time the bidding process took place in 2011. Angola is Africa's second largest oil producer, with 1.5 million barrels per day.

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