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Angola, Eni make new offshore oil discovery

June 06/2019

MOSCOW (MRC) -- Angola and Italys Eni have identified another deepwater oil reserve off the southern African countrys shores, reported Reuters with reference to its state news agency's statement.

The find, the fifth discovery in Angolas Block 15/06, is estimated to contain between 300 and 400 million barrels of light oil, according to Agencia Angola Press.

We remind that, as MRC informed before, in February 2019, Eni and SABIC signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and chemicals.
Author:Margaret Volkova
Tags:Africa, petrochemistry, Eni, Sabic.
Category:General News
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