Angola Rig Activity Drops Again

There are five rigs active on the same number of locations in Angola as of March 28, 2018, which means a drop of one rig compared with the situation on February 28, 2018.

Seadrill’s West Polaris, which was drilling for ExxonMobil on Block 15, has left the country.
ExxonMobil is still an active driller though, so is TOTAL.

Angolan rig activity has been on a headlong crash since 2015. But while Nigeria is on the rebound, Angola seems headed to zero rig activity.

Full details of both countries’ rig activity for March 2018 are published in the April 2018 issue of Africa Oil+Gas Report.