Nigeria’s Walcot Group wins three oil blocks in Angola

Walcot Group, a prominent Nigerian energy company, has signed a production sharing contract with the Angolan National Agency for Petroleum, Gas, and Biofuels.

The agreement signed last week followed the company’s successful bid for three oil blocks in a competitive international licensing round, marking a significant step in its mission to expand its footprint across Africa’s high-potential energy basins.

The signing ceremony, held in…