Angolan government plans more intense oil prospecting in the next 5 years

9 November 2012

Angolan Oil Minister José Maria Botelho de Vasconcelos has announced that the government’s programme for the 2013/2017 period envisages increased activities linked to oil prospecting and research.

Vasconcelos made his comments during a Thursday speech at the Third International Conference on the Teaching of Petroleum Engineering in Angola, held in the Viana municipality of Luanda. He stated that 80 percent of Angolan oil revenues revert to the general state budget.

The gathering considered the issue of petroleum engineering curriculum recognition as well as the creation of an internationally credible petroleum programme.

Angola has four universities that teach petroleum engineering: Agostinho Neto University, Catholic University of Angola, Belas University and Jean Piaget University of Angola. (macauhub)