The power of oil in Angola
Author(s)
Bibliographic Information
The power of oil in Angola
（African political, economic and security issues series）
Nova Science, c2014
- : hardcover
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Note
Includes bibliographical references (p. [115]-121) and index
Description and Table of Contents
Description
Angola is the seventh largest country in Africa, divided in 18 provinces and situated in the southwest of the continent, in the tropical zone of the southern hemisphere. It has a wealth of natural resources, fertile albeit scarce farming lands, rich mineral deposits of diamonds, iron, bauxite, gold, manganese, uranium and natural gas, in addition to a considerable volume of oil reserves with a highly valuable production. Oil exploration in Angola was initially carried out onshore by state-owned company Sonangol, but later on production moved offshore, to the continental platform - far from war operations - and is currently carried out by numerous foreign companies, both European and North American, such as British Petroleum, Fina Total, Shell, Chevron and Texaco, Exxon Mobil, Statoil and AGIP, by means of oil rigs authorized by the State through production sharing agreements. This concession system has increased the search for oilfields, which in turn has enabled findings and crude oil production to increase in the last few decades, going from some 100,000 barrels per day in 1976 to 2,1 million barrels per day in 2009, which is 2.3% of world oil production at present.
Table of Contents
- Preface
- Introduction to the Study of an African Oil Producing Country
- The Territory, Natural Resources & the Population
- The Polarization of Political Power & Corruption
- Oil Exploration in Angola
- The Economy of an Oil Producing Country
- Social & Environmental Responsibility of Oil Companies
- Some Conclusions
- Bibliographic References
- Index.
by "Nielsen BookData"
