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Vol 57 No 12

Published 10th June 2016


Angola

The Sonangol is you

The surprise appointment of Isabel dos Santos, the billionaire daughter of President José Eduardo dos Santos, to chair the state oil company Sonangol has been greeted with dismay by reformers and with muted acceptance by the oil industry. It also marks the restructuring of the company into separate divisions. The CEO of the new Sonangol Exploration and Production (EP) is 30-year company veteran Paulino Fernando de Carvalho Jerónimo and a new board has been appointed.

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