Etu Energias and its partners in Angola’s Block 2/05 have successfully completed drilling, completion and testing operations at the Espadarte 7ST2 appraisal well in the Lower Congo basin offshore Angola.
Etu Energias has signed an agreement with Azule Energy to acquire additional interests in blocks 14 and 14K offshore Angola, Etu Energias announced on Friday.
Angola’s largest private oil company, Etu Energias, will hold an IPO in 2026, the company’s CEO Edson R. dos Santos stated last Wednesday.