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Etu Energias builds an Angolan operating platform

Edson dos Santos, CEO of Etu Energias, talks to The Energy Year about the company’s transition towards greater operatorship, investment in its upstream portfolio and its long-term ambition to become an integrated energy company. Etu Energias is a 100% Angolan-owned private energy company with operated and non-operated assets across onshore and offshore Angola. Etu Energias […]

Etu Energias buys Chevron’s stakes in Angola’s Block 14, 14K

On Friday, Etu Energias announced the signing of a Sale and Purchase Agreement (SPA) with Cabinda Gulf Oil Company, Chevron’s Angolan subsidiary.  The agreement will transfer Chevron’s 31% interest in Block 14 and 15.5% interest in Block 14K to Etu Energias. The blocks sit off the coast of Cabinda, in northern Angola. The deal is worth USD 260 […]