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 […]
