Sonangol | |
Company type | Statutory corporation |
Industry | Oil and gas industry |
Founded | 1976 |
Headquarters | , |
Key people | Sebastião Gaspar Martins (Chairman and CEO) |
Revenue | US$ 10.9 billion (2023) |
Owner | Government of Angola |
Number of employees | 13,000 (2022) |
Website | Sonangol.co.ao |
Group Sonangol (Portuguese: Grupo Sonangol) is a parastatal that formerly oversaw petroleum and natural gas production in Angola.[1] The group consisted of Sonangol E.P. (Portuguese: Sociedade Nacional de Combustíveis de Angola, E.P.) and its many subsidiaries. The subsidiaries generally had Sonangol E.P. as a primary client, along with other corporate, commercial, and individual clients. In 2023, Sonangol produced 202,000 barrels of oil with an income of US$ 10.9 billion.[2]