Investments
2Portfolio Exits
1Partners & Customers
4About Sonangol
Sonangol - National Fuel Society of Angola - is the exclusive licensee for exploration of oil and gas in the basement and on the continental shelf of Angola. Its activities span exploration, research, development, marketing, production, storage, transport and refining of hydrocarbons and their derivatives, and can be performed independently or in association with foreign companies.
Sonangol Headquarter Location
Angola
Latest Sonangol News
Jun 16, 2022
The goal is to sell the product both locally and internationally, in nations like Germany, in order to create jobs.
Sonangol Investments
2 Investments
Sonangol has made 2 investments. Their latest investment was in Unitel as part of their Corporate Minority on January 1, 2020.
Sonangol Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/7/2020 | Corporate Minority | Unitel | $1,000M | Yes | 5 | |
12/31/2018 | PIPE |
Date | 1/7/2020 | 12/31/2018 |
|---|---|---|
Round | Corporate Minority | PIPE |
Company | Unitel | |
Amount | $1,000M | |
New? | Yes | |
Co-Investors | ||
Sources | 5 |
Sonangol Portfolio Exits
1 Portfolio Exit
Sonangol has 1 portfolio exit. Their latest portfolio exit was Puma Energy on April 16, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/16/2021 | Shareholder Liquidity | Puma Energy | 1 |
Date | 4/16/2021 |
|---|---|
Exit | Shareholder Liquidity |
Companies | Puma Energy |
Valuation | |
Acquirer | |
Sources | 1 |
Sonangol Acquisitions
1 Acquisition
Sonangol acquired 1 company. Their latest acquisition was Pumangol on April 16, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/16/2021 | Acquired | 4 |
Date | 4/16/2021 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 4 |
Sonangol Partners & Customers
4 Partners and customers
Sonangol has 4 strategic partners and customers. Sonangol recently partnered with BP on November 11, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
11/25/2019 | Vendor | United Kingdom | Air BP signs technical services agreement with Sonangol marking new market entry in Angola This is another step in the growth of BP 's strategic relationships with Sonangol and Angola , and we look forward to building on this for the future in support of the government 's desire to strengthen and diversify the economy ... Air BP first started operations in Africa 75 years ago in Mozambique and Zanzibar and now provides fuel at around 40 locations across the continent . | 1 | |
6/5/2019 | Partner | ||||
8/17/2014 | Partner | ||||
4/22/2009 | Partner |
Date | 11/25/2019 | 6/5/2019 | 8/17/2014 | 4/22/2009 |
|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner |
Business Partner | ||||
Country | United Kingdom | |||
News Snippet | Air BP signs technical services agreement with Sonangol marking new market entry in Angola This is another step in the growth of BP 's strategic relationships with Sonangol and Angola , and we look forward to building on this for the future in support of the government 's desire to strengthen and diversify the economy ... Air BP first started operations in Africa 75 years ago in Mozambique and Zanzibar and now provides fuel at around 40 locations across the continent . | |||
Sources | 1 |
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