Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Angola to Ban Contracting Oil Services Abroad, Radio Reports

May 16 (Bloomberg) -- Angola plans to ban foreign oil companies from contracting services from companies abroad, Radio Nacional de Angola said, citing Manuel Vicente, chairman of the state-owned oil company Sonangol EP.

Sonangol, which manages the country’s oil concessions process, will stop companies from holding tenders overseas so that only domestic firms take part, the Luanda-based radio reported.

Angola vies with Nigeria as Africa biggest oil producer.

To contact the reporter on this story: Candido Mendes in Luanda at cmendes6@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.