Former BP chiefs Tony Hayward and Lord Browne team up to drill for oil off Angola

Tony Hayward's Genel Energy has struck a deal with White Rose Energy, chaired by Lord Browne, to explore for oil  in two blocks off the coast off Angola. The blocks, operated by Norway's Statoil, are in the Kwanza basin, a pre-salt region which is believed to be analagous to areas offshore Brazil where vast oil discoveries have been made in recent years.

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