The latest discovery of oil in the deep waters of OPEC-member Angola could hold as much as 300 million barrels of oil, Italian energy company Eni said. Eni discovered oil in its Kalimba prospect offshore Angola. The company said the discovery holds between 230 million and 300 million barrels of oil. “Angola is a key country in the strategy for organic growth of Eni, which has been present in the country since 1980 and accounts currently an equity production of about 155,000 barrels of oil equivalent per day,” the company’s statement, published Monday , read. Eni in May reached a production plateau of 24,000 barrels per day at its Ochigufu field off the coast of Angola less than two months after operations began. The next […]