The Angolan continental shelf is the largest contributor to Statoil's production outside Norway and Angola is a key building block for Statoil’s international production growth.

We have been in the country since 1991 and are partners in eight producing offshore fields, contributing approximately 200,000 barrels of equity production per day to our portfolio.

In December 2011 Statoil was awarded operatorship for blocks 38 and 39 and partner position in blocks 22, 25 and 40 in the Kwanza pre-salt bassin. The Angolan pre-salt is a frontier play where Statoil will participate in eight commitment wells across five blocks.
 
Statoil's portfolio in Angola includes:
Congo basin

Partner in producing fields:
Block 17 - 23.33%
Block 15 - 13.33%
Block 31 - 13.33%
Block 4/05 - 20%

Kwanza pre-salt basin

Statoil is the operator for block 38 Statoil (45%) with WRG (15%), Ecopetrol (10%) and Sonangol P&P (30%) as partners. Statoil is also operator for block 39 (37.5%), and its partners include Total (7.5%), WRG (15%), Ecopetrol (10%), Sonangol P&P (30%) *.

* The Ecopetrol farm-in announced in July 2014 is subject to approval by Sonangol E&P and the Angolan minister of petroleum.

News
Portfolio adjustments in Angola - 03.07.2014

Statoil is partner in blocks 22, 25 and 40 with a 20 % share in each block.