ANGOLA Block 2/05: Amni hesitates, Somoil courted by trading giant

摘要

According to our sources, Swiss tradinghouse Trafigura is increasingly interestedin the idea of becoming Somoil’smain financial backer to develop theEspadarte discovery on block 2/05.Somoil does not have the technicalmeans nor the financial capacity todevelop the field, which has a potentialto produce some 12,000 bpd. It is lookingfor an investor able to fork out the$150 million needed to achieve first oil.