Nine companies selected to operate in the Lower Congo and Kwanza Oil basins

Nine companies selected to operate in the Lower Congo and Kwanza Oil basins

The companies and consortiums qualified to operate in the oil blocks of the Lower Congo and Kwanza Onshore Basins are already known from this fiscal year onwards.

According to a statement released yesterday Jan 22nd by the National Petroleum, Gas and Biofuels Agency (ANPG), the public tender for the Lower Congo and Kwanza Onshore Basins, open last year to national or foreign entities, resulted in the qualification of companies and constitution of contractor groups.

According to ANPG, the evaluation process was based on the requirements for acquiring the status of Associate of the National Concessionaire, namely Operator (financial, technical capacity and suitability) and Non-Operator (financial capacity and suitability).

The companies Etu Energias, Sonangol, Serinus Energy, Walcot Limited, Acrep SA, Grupo Simples Oil, Intank Group, Transoceanic and Ace Energy (qualified operating companies) were approved.

Sonangol, Grupo Simples Oil, Afentra, Enagol and Effimax Energy (qualified non-operators).

The companies First Index Group, Soconinfa, Apex Corcel, 5C Oil e Gas, Tusker Energy, Kebo, Gespenergy, Monka Oil, Whazwimi Investments and ANM Energy were not qualified.

ANPG states that the final score resulted from the evaluation of the proposals received and the Requirements for Membership Quality of the National Concessionaire, as described in the Competition Rules and Procedures, resulting in the composition of the Contractor Groups.

In the coming days, ANPG will notify the winning companies regarding the date and place to begin the negotiation process for Production Sharing Contracts, a stage that should carry out the award.

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