Sonangol's loss compares to $125 million in profit over 2019 thanks to what its chief called an "abnormal" year.
Revenue dropped 25% to US$5.2 billion last year.
MELBANA Energy’s large state-owned partner in its upcoming Cuban drilling campaign has posted a loss of US$3 billion for 2020.
Sonangol's loss compares to $125 million in profit over 2019 thanks to what its chief called an "abnormal" year.
Revenue dropped 25% to US$5.2 billion last year.