- Statoil announced on 12 May 2014 that it is divesting its 5% WI in Eni-operated Block 15/06 to Sonangol for USD200m
- Statoil's remaining licences in Angola are Blocks 17, 15, 31, 4/05, 22 (pre-salt), 25 (pre-salt) and 40 (pre-salt)
- Statoil is also operator of pre-salt Blocks 38 and 39
- In April 2014, Statoil also farmed down a 15% WI in Block 39 to WRG, a 50/50 JV between White Rose and Genel. Post transaction, interests will be Statoil (40%), Sonangol (30%), Total (15%) and WRG (15%)
- WRG also acquired, concomitantly, a 15% WI in Block 38 from China Sonangol. Post transaction, interests will be Statoil (55%), Sonangol (30%) and WRG (15%)
- Exploration on Blocks 38 and 39 will commence during 2014 with the first prospect
- Dilolo-1 is the first high-impact prospect that will be drilled on Block 39; this will be followed by the second commitment well on Block 38
- Angola is Statoil's largest contributor to production outside of Norway with 2013 production of c.200mboepd, c.28% of total international output
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