Etu Energias strikes $260 million deal with Chevron for Angola’s deepwater block duo

Etu Energias, a privately owned Angolan energy company, has taken steps to increase its stakes in two offshore blocks from Cabinda Gulf Oil Company (CABGOC), a subsidiary of U.S.-headquartered energy giant Chevron, through a deal that will make it the largest interest holder in one of Angola’s longest-producing deepwater assets and could see it take over operatorship of one of these blocks. The post Etu Energias strikes $260 million deal with Chevron for Angola’s deepwater block duo appeared first on Offshore Energy .