Oil and gas exploration firm Cobalt International has yet to resolve a dispute with Angolan state-owned oil company Sonangol over impairment charges related to its assets in Angola. To remind, Sonangol in August 2015 agreed to buy all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 offshore Angola for $1.75 billion. A year later, it became […]
