Pertamina, Sonangol in Angola joint study deal

Monday, December 28 2009 - 04:50 PM WIB

State oil and gas company PT Pertamina (Persero) has agreed to team up with Angolan state oil, gas firm Sonangol to conduct joint studies on several blocks in Angola.

Both companies would form JV to operate blocks which would be considered potential based on the joint studies results, Pertamina?s release said.

The deal was sealed during an OPEC meeting in Angola?s capital city of Luanda on December 22, 2009.(godang)

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