Deal Insight
Somoil acquires Galp's Angola assets
Report summary
Somoil has agreed to buy Galp Energia's non-operated Angolan assets for a total consideration of US$830 million. Galp's portfolio includes interests in Block 14, Block 14K and Block 32. It is the latest acquisition in a busy 12 months for Somoil, as the ambitious indigenous player looks to become a leading integrated player in Angola and West Africa.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
-
Upsides and risks
- Upsides
- Risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 7 images and tables including:
- Executive summary: Table 1
- Galp's Angola assets
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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