Angola: Total may become biggest oil operator in Angola by 2010

23 January 2008

Luanda, Angola, 23 Jan – the Angolan subsidiary of French oil group Total is expected to become, before 2010, the main oil operator in Angola, magazine Angola Exploração & Produção reported.

According to the latest edition of the magazine, the potential of its projects, principally the Pazflor field, places Total in the position of becoming, in the 210/2011 period, the biggest international company operating in Angola.

The projection is based on the production of the Girassol(2001) and Jasmin (2003) oil projects, and on the Dália (2006) and Rosa (2007) fields going into production, which are contributing with 240,000 and 145,000 barrels per day, respectively.

In association with Angolan state oil company, Sonangol, and other oil groups, Total Angola operates in the Angolan onshore and offshore areas.

The Total subsidiary aims to have 80 percent Angolan staff by the end of 2008. (macauhub)