Tag: Angola oil

Etu Energias
BusinessHot News

Angola’s Etu Energias targets 100,000 Bpd oil production in 5 years

Etu Energias 100,000 bpd target could reshape Angola’s oil sector as the company expands assets and considers an international IPO.

Timilehin Adejumobi Timilehin Adejumobi
ExxonMobil
BusinessHot News

Angola announces new oil discovery with ExxonMobil, Block 15 Partners

Angola’s 20th oil discovery in Block 15 adds to a field that has produced over 2.7 billion barrels as the country seeks to sustain output.

Oluwatosin Alao Oluwatosin Alao
Etu Energias
BusinessHot News

Etu Energias buys $260 million Chevron stake in Angola offshore block

Etu Energias Chevron Deal is worth $260M as the Angolan company acquires Chevron stakes in Blocks 14 and 14K offshore Cabinda.

Timilehin Adejumobi Timilehin Adejumobi
Afentra expands Angola oil drilling plans, targeting offshore discoveries and Kwanza Basin wells by 2027.
BusinessTechnology

Afentra targets Angola exploration wells by 2027, eyes Africa oil growth

Afentra plc is stepping up its expansion plans in Angola as higher crude prices and renewed interest in African energy assets improve the outlook for exploration across the region.  The company, which recently ended takeover talks with potential buyers, is turning its attention to both offshore discoveries and onshore drilling prospects in Angola, sub-Saharan Africa’s second-largest oil producer. The move…

Oluwatosin Alao Oluwatosin Alao