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Suspicion hangs over Norway's oil major Statoil Hydro after an internal audit published last month flagged as suspicious a joint venture with a mystery Angolan company, signed in September 2006. Angola's state oil company Sonangol operates offshore Block 4/05, with 20% for Statoil Hydro and 15% held by a limited company (sociedade anônima), which need not reveal its owners....

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Keywords:

Alberto Sousa, Mário Caetano, Manuel Vicente, Desidério da Costa, Brazil, Julio Sampaio, United States, Libya, sociedade anônima, Futungo de Belas, Africa Confidential

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angola's(2) angolan(2) hydro(8) norsk(2) oil(6) rio(2) statoil(6)