ANGOLA - H Oil African History and Presence

• H Oil Group in Luanda since 2001
• Joint venture with Grupo Gema, important indigenous group, for oil & gas exploration (Chairman is former Secretary of Council of Ministers and Head of Civil Branch of Government)
• Reviewing licence awards in the upcoming Kwanza Basin (onshore) round (2007/2008)
• $400M Contract for upgrading of Luanda backbone telephone network (2007)
• $170M hospital design & construction contract (2007)
• $200M network upgrade for Radio Nacional de Angola (2005/2006)