25 April 2008
Luanda — The daily production rate of StatoilHydro in Angola is of 200,000 barrels, an amount that corresponds to a tenth of the total national daily production, 1.9 million barrels/day.
This information was made available to the press by StatoilHydro Group's executive vice president for international exploration and production, Peter Mellbye, who is in Angola for contacts with partners of the Norwegian company and Angolan authorities of the oil sector.
The director, who gave this information at the end of a meeting with workers of StatoilHydro in Angola, revealed that the firm's international production is of 475,000 barrels per day.
At the moment StatoilHydro carries out its exploration activity in the Angolan blocks 15 and 17, being the biggest non-operating companies in the country and is among the seven most important oil producing firms in Angola, together with Sonangol.
The Norwegian firm also provides technical assistance to projects of Sonangol P&P in blocks 34 and 4/05.
StatoilHydro currently operates in Angola, Algeria, Azerbaijan, Brazil and Venezuela.
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