Amended Sonangol Acquisition
Sector: Commercial • Location: Angola
Source: Financial Conduct Authority (FCA)
Amended acquisition by Afentra of a 14% interest in Block 3/05 offshore Angola from Sonangol Pesquisa e Produção S.A., reduced from an original 20% interest. The acquisition consideration is reduced pro-rata to $56 million initial consideration and up to $35 million contingent payments over ten years, subject to oil price and production hurdles. The effective date remains 20 April 2022. This acqui
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Amended acquisition by Afentra of a 14% interest in Block 3/05 offshore Angola from Sonangol Pesquisa e Produção S.A., reduced from an original 20% interest. The acquisition consideration is reduced pro-rata to $56 million initial consideration and up to $35 million contingent payments over ten years, subject to oil price and production hurdles. The effective date remains 20 April 2022. This acquisition complements the Azule Acquisition to provide Afentra with a combined 30% interest in Block 3/05. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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