Repsol Wins Three Offshore Pre-Salt Blocks in Angola, Cinco Says

Repsol YPF SA won three of the 11 offshore pre-salt blocks awarded by Angola in 2010, Cinco Dias reported, citing company officials it didn’t identify.

The blocks are in the Kwanza basin, considered among the most promising in Africa, the newspaper said.

Sonangol, the Angolan oil and gas company, holds a 50 percent stake in the three blocks, the newspaper said.

To contact the reporter on this story: Manuel Baigorri in Madrid at mbaigorri@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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