Etu Energias Secures Chevron Deal for Blocks 14 and 14K in Angola

Etu Energias has signed a Sale and Purchase Agreement (SPA) with Chevron for Blocks 14 and 14K in Angola's upstream sector.

The deal marks an important strategic milestone for Etu Energias, strengthening its position in the country and expanding its role in developing significant deepwater assets.

Etu Energias will assume operatorship of the blocks upon completion of the transaction, subject to regulatory approvals.

CEO Edson dos Santos described the signing as an 'important step' in the company's growth journey, reinforcing its ambition to play a key role in Angola's energy development.