Sonangol

Sonangol — Sociedade Nacional de Combustíveis de Angola, E.P. — is the state-owned oil company, responsible for the management of oil and natural gas exploration on the subsoil and continental shelf of Angola, and is responsible for the exploration, production, manufacturing, transportation and marketing of hydrocarbons in Angola. They operate in an efficient safe and transparent manner and are committed to environmental protection. The purpose is to promote the harmonious development of the country and reinforce the sustainable use of hydrocarbon resources.

Formed as a public company in 1976 from the Decree-Law No. 52/76 of 9 June, Sonangol is a state-owned company dedicated to exercising the activities of exploration, research, production, transportation, refining, storage, distribution and processing of oil and other hydrocarbons and their derivatives and waste and so is the equipment in their respect, petrochemical and related industries and their marketing.

Founded: 1976
Headquarters: Luanda, Angola
Revenue: $125 million in 2019
Website: https://www.sonangol.co.ao/English/Pages/Home.aspx