Sunday, January 28, 2007

Oil firms eye new frontier in Angola's Cabinda

For more than three decades Angola's Cabinda province has been a tantalising but risky prize for oil companies who wanted to drill on its untapped shores but were put off by a bloody separatist insurrection.

Exploration in the former Portuguese protectorate has focused almost entirely on the oil-rich waters in the Baia de Cabinda until last year when Angola's government and a group of Cabindan rebels agreed to end their bloody 31-year war.

Read Full Article at Reuters South Africa

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