Angola’s oil production falls in October to 1.356 million barrels per day

15 November 2019

Oil production in Angola fell by 43,000 barrels per day (bpd) in October to 1.356 million bpd, according to the Organization of Petroleum Exporting Countries (OPEC) oil market report, released on Thursday in Vienna.

This figure, which is based on secondary sources, represents the second consecutive month in which Angola’s oil production has declined following a downward review of September figures from 1.411 to 1.399 million barrels per day.

Production based on direct communication increased by 22,000 bpd to 1.391 million bpd, according to the same OPEC report.

On Wednesday, the opening of the proposals submitted to the international public tender for the exploration of oil blocks in the Namibe and Benguela sea basins was held, and teh proposals put forward by the Sonangol, ENI and Total groups were immediately validated.

The tender for the exploration of the Namibe and Benguela sea basins comprises 10 blocks, with an area of approximately 55,387.88 square kilometres. (Macauhub)

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