Oando executes PSC for Angola Block KON 13, takes 45% operator stake

Reuters2026/08/04 12:33

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Oando executed a Production Sharing Contract for Angola’s Block KON 13, taking a 45% participating interest and operatorship.
Contractor group started the initial exploration work program, including technical studies, following the block award in January 2025.
Mining unit advanced lithium, tin, gold, and bitumen assets, with tin moving through resource evaluation and development planning.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oando plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525108), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Oando executes PSC for Angola Block KON 13, takes 45% operator stake

You may also like

Crypto prices