Drilling in Exclusive Economic Zone started in April, reaching 5,638 metres; results to be released once analysis is concluded.
Lusofonia
New value of fund – state’s prime source of income – is down from US$19.12 in March.
Figures for this year equally promising, having reached US$14.42 billion by end of June; oil and ornamental stones head Angolan exports.
First ever 2,000-metre-plus deepwater platform expected to produce 3.4 million tons annually; terrorist threat delays other projects in East African republic.
Veteran diplomat José Augusto Duarte’s next job still to be announced, likewise who will replace him.
Triumphant founders of 928 Challenge vow to continue helping young minds to develop entrepreneurship and innovation.
New platform would complement existing US$7 billion Coral-Sul operation, but company needs agreement from partners who include China National Petroleum.
US$850 million development plan should start production in 2024, producing around 30,000 barrels per day to production.
Boasting a top speed of 80 kph, trains feature lightweight design, low energy consumption, minimal noise and intelligent operation.