Sonangol to respond to Cobalt's $2 bln arbitration award request
July 03, 2017 at 15:31 PM EDT
LUANDA, July 3 (Reuters) - Angola's state oil company Sonangol will soon respond to an arbitration request by U.S. oil firm Cobalt which is seeking more than $2 billion from the African company after the two failed to reach an agreement on licence deadline extensions on two deepwater blocks, a company official said on Monday.