Angola’s Sonangol plans to downsize to focus on core business

Paris — Angola’s state oil company Sonangol plans to divest 52 joint ventures, reduce staff and focus on its core business, part of an ongoing reorganisation and package of reforms designed to lure back investors, its chairman said on Friday. “We are going to sell, close or put out of our group a lot companies,” […] More »
Angola’s Sonangol plans to downsize to focus on core business Angola’s Sonangol plans to downsize to focus on core business Reviewed by Crude Oil Facilitators on 11:32 Rating: 5

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