Field Development

‘Spicy incentives’: New Angola law targeting mature fields given broad welcome

Incremental Production legislation aims to maintain output from country's older offshore fields

Angola’s Minister of Mineral Resources, Petroleum & Gas, Diamantino Pedro Azevedo.
Angola’s Minister of Mineral Resources, Petroleum & Gas, Diamantino Pedro Azevedo.Photo: REUTERS/SCANPIX
Africa CorrespondentLondon
Published 6 December 2024, 09:57Updated 6 December 2024, 09:57
AngolaEquinorEnverusAfricaSub-Saharan Africa