On 26 November 2019, executive decree 350/19 was published which authorized the transfer of 8.28% of Sonangol Sinopec International Ltd (SSI) working interest in development areas of Block 18 to Sonangol P&P.   Block 18 development areas include: Plutonio, Galio, Paladio, Cromio, Cobalto collectively referred to as the "Greater Plutonio Project". The Platina development area will be part of the phase 2 development - FID for its development was taken in December 2018. It is assumed that the Cesio and Chumbo development areas also form part of the "Block 18 development areas".   BP operates and the Greater Plutonio complex and all development areas within Block 18 with a 46% interest, Sonangol Sinopec International Ltd a 37.72% stake and Sonangol holds the remaining 16.28% stake.  Background information  Sonangol only recently gained access to Block 18, this was part of the renewal negotiations which were agreed on in December 2018. BP and SSI agreed to that Sonangol P&P would gain an 8% stake in the development as part of an extension of the production right to 2032. The interests upon government approval were BP operator with a 46% interest, SSI with a 46% stake and Sonangol P&P with an 8% stake.
BP plc partner Sonangol Sinopec International Ltd transfers 8.28% interest to Sonangol P&P