Angolan billionaire Alberto Almeida de Sousa's Etu Energias to acquire Chevron's blocks for $260 million
Etu Energias, half owned by Alberto Almeida de Sousa, is buying Chevron's stakes in Blocks 14 and 14K for $260 million, displacing Energean.
Etu Energias
Angolan oil tycoon Alberto Almeida de Sousa is searching for a deepwater partner to seal his Chevron block deal
Alberto Almeida de Sousa's Etu Energias is seeking a deepwater operating partner to satisfy technical requirements after pre-empting Chevron's $260 million Angola block sale to Energean.
3 Angolan tycoons built Etu Energias into a $1 billion oil empire and just blocked Chevron's $260 million deal
Three former Sonangol executives who own Angola's largest private oil company have triggered pre-emption rights to claim Chevron's offshore stakes before Energean can complete its deal.
Angolan oil tycoon Joaquim David’s Etu Energias kicks off drilling drive on flagship Congo Basin block
Etu Energias plans to drill at least three development wells, probe one exploration location and carry out five work overs in existing wells.
Angolan oil tycoon Joaquim David eyes 50,000bpd for Etu Energias
David is the founder of Etu Energias, the largest private oil company in the country.