Angola’s Sonangol, Exxon Mobil sign oil exploration agreement

16 December 2018, News Wires — Angola’s state oil company Sonangol and Exxon Mobil on Friday signed a memorandum of understanding for oil exploration in the country’s Namibe basin, the two firms said. Angola, Africa’s second-largest crude producer, is facing a steep output decline unless it can revive exploration in what was once one of … More »