Sonangol Seeks Venture With Cobalt for Cuban Oil, Jornal Says

Angola’s state-owned oil company Sonangol EP wants to explore for oil in Cuba through a joint venture with Cobalt International Energy Inc. (CIE), Novo Jornal said today, citing an unidentified official at Sonangol.

Manuel Vicente, Angola’s minister for economic coordination and former Sonangol chairman, traveled to the Caribbean island last week to discuss Sonangol’s access to the country’s oil sector, the Luanda-based newspaper said.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

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