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.
Joaquim David
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.
Nigerian billionaire Theophilus Danjuma loses bid to acquire Angolan oil block
Danjuma is the founder of SAPETRO.
Founded by Joaquim David, Angolan oil explorer Somoil plans to go public
Somoil is the largest privately-owned oil exploration company in Angola.