allAfrica.com: Angola: Oil Industry Shifts Focus to Angola (Page 1 of 1) - 0 views
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IF there were doubts about the shift in global oil industry focus on the new frontier for oil exploration and production on the African continent, the ongoing Offshore Technology Conference in Houston, Texas cleared the air when its opening session centred on Angola and not Nigeria fraught with oil shut-ins, kidnappings, arson and the activities of militant groups.
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Arabica Robusta on 10 May 08This shift is not surprising in the sense that Angola's petroleum production has been primarily offshore, which is an advantage to multinational petroleum corporations in that there are fewer opportunities for disruption from disaffected people. Enclave capitalism?
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IF there were doubts about the shift in global oil industry focus on the new frontier for oil exploration and production on the African continent, the ongoing Offshore Technology Conference in Houston, Texas cleared the air when its opening session centred on Angola and not Nigeria fraught with oil shut-ins, kidnappings, arson and the activities of militant groups.
