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Encyclopedia > Sonangol

Sonangol Group, known as 'Sonangol', is the Angolan state-run petroleum enterprise, and is engaged in the overall management of Angola's petroleum and natural gas reserves. The group has many subsidiaries. The subsidiaries generally have Sonangol as a primary client, along with other corporate, commercial and individual clients. Angola is estimated to have over 5 billion barrels of offshore and coastal petroleum reserves, and new discoveries are outpacing consumption by a 5 to 1 ratio. Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Latin petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish flammable liquid, which exists in the upper strata of some areas of the Earths crust. ... Natural gas rig Natural gas (commonly refered to as gas in many countries) is a gaseous fossil fuel consisting primarily of methane. ... A subsidiary is a corporation controlled by another. ...


Subsidiaries

  • Banco Africano de Investimentos (BAI) full service bank
  • Bank of Commerce and Industry (BCI) recently privatized
  • ESSA oil recovery
  • Kwanda Logistical Support logistical support, Kwanda field
  • MSTelcom telecommunications
  • Sodimo real estate management
  • Sonair oil and gas industry air transport service
  • Sonadiets corporate infrastructure
  • Sonamer oil recovery; deep drilling
  • Sonamet petroleum platform manufacturing; metal structure fabrication
  • Sonangol Distribuidora downstream petroleum products including gasoline
  • Sonangol Shipping maritime crude oil transport
  • Sonaship maritime petroleum product transport
  • Sonasurf offshore oil work logistics
  • Sonatide offshore oil work logistics
  • Sonawest seismic data service
  • Sonils Logistical Support logistical support
  • Technip Angola engineering

Bai (白族; pinyin: bái zú) is one of the 56 ethnic groups officially recognized by the Peoples Republic of China. ... The Broadcasting Commission of Ireland (BCI) is the regulator of the commercial broadcasting sector in Ireland. ...

External links

Sonangol Site


  Results from FactBites:
 
sonangol (976 words)
Sonangol's main strategy is to enter into joint-venture projects with major oil companies for both upstream and down-stream operations.
Sonangol has played an important role in getting more and more Angolans to enter the oil industry at skilled and management levels through extensive training programs.
Sonangol has also hooked up with Texaco to develop a US$3 billion liquefied natural gas (LNG) project to convert natural gas extracted from offshore oil fields to LNG for domestic consumption.
Winne.com - Report on Angola - Angola's tormented path to petro-diamond led growth (622 words)
Sonangol's main social goals are prospecting, research, development, production, transportation, commercialisation, refining and transformation of liquid and gas carbohydrates and its derives, as well as petrochemical activities.
Sonangol is also directly or indirectly involved in complementary or extra activities to its social objective or any other industrial or commercial activities, by decision of the Administration Council.
By its social activity, Sonangol has the right to establish new firms and acquire all or part of the capital of the firms established or to be established as long as it detains all or a majority of the voting capital of such companies, establish the coordination, economic and financial administration and business development.2.
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