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Sonangol, Maersk Oil and partners strike oil with their first deepwater pre-salt well offshore Angola

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There is substantial evaluation work ahead of us to determine whether the discovery is enough to invest further to get production going. In November 2006, it acquired a 50% interest and operatorship of Blocks 8 and 23 with Svenska Petroleum Exploration (30%) and Sonangol (20%).

Angola 199
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Berkeley Lab releases 8th edition of databook on China’s energy and environment; finding the “missing” energy consumption

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Another major shift is that China has become a voracious energy importer, especially of coal and liquefied natural gas. Like the United States, China has become among the world’s largest importers of oil, gas and coal. Compared to 2005-2006, it has probably doubled its presence.