A high-level Indian team was in Angola recently to help identify new opportunities in the country.
According to executive sources in New Delhi, Angola has invited OVL and others to bid for recently relinquished parts of blocks 15 (ExxonMobil-operated), 17 (Total) and 18 (BP), which are planned to be offered in the coming
months.
Industry sources said it is unclear if the Block 18 deal has been concluded and whether Sinopec or CNOOC will
take on Shell's 50% holding.
OVL
