Corporate goals

Sonangol’s primary purpose is prospecting, research, development, production, transportation, commercialization and transformation of liquid and gaseous hydrocarbons and their derivatives, including petrochemicals.

• By decision of its Board of Directors, and without prejudice to what is specifically provided by law, Sonangol may also engage directly or indirectly in activities complementary or ancillary to its corporate purpose or any other industrial or commercial purposes..
 
• In pursuing its goals, Sonangol may constitute new companies and acquire all or part of the capital of an established company and whenever it detains a totality or a majority of the voting capital of said companies, it will establish the coordination, economic and financial direction and the business development of the said company. 
   
• Sonangol may, in terms of applicable legislation, establish in conjunction with national and/or foreign entities the type of association and cooperation that is most beneficial to the fulfillment of its corporate goals.
 
• When establishing companies and joint ventures, Sonangol shall observe the principles of specialization and vertical integration, in order that the companies thereby constituted maintain their legal identities.

Foreseeing the entry of domestic private companies in the oil sector, Sonangol expanded its business and level of expertise to prepare for free competition.

Our values

• Humility
• Discipline and seriousness
• Ethical conduct
• Self-performance
• Respect for stakeholders
• Teamwork
• Loyalty
• Rigor