Oil giants invested large sums in dubious Angolan research center
Equinor, BP, Total, Repsol, ConocoPhillips and Eni have all invested substantial figures into a research center in Angola, which several observers doubt will ever materialize.
When Equinor, BP, Total, Repsol, ConocoPhillips and Eni were allocated Angolan licenses in 2011, the deal's conditions required the groups to invest capital into a research center on behalf of the local state-owned company, Sonagol.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Divestments give Total big profit
For subscribers
Repsol invests EUR 80 million in hydrogen
For subscribers
Media: Exxon has to find USD 48 billion
For subscribers
