Acquiring Company
Etu Energias
Acquired Company
Chevron
Angola
HoustonEnergyOil And GasRenewable EnergyBiomass EnergyManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable EnergyDescription
Etu Energias has signed a Sale and Purchase Agreement to acquire interests in Block 14 from Chevron. This acquisition allows Etu to become the operator of the block, with support from BW Energy and Chariot Limited. The move marks a strategic entry into Angola's deepwater sector for Etu, while enhancing production capacity and future cash flows.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Chevron?
Chevron was acquired by Etu Energias, based in Angola. The deal was reported on August 28, 2026. Etu Energias is Angola’s largest privately owned energy company. It focuses on the acquisition and operational management of oil and gas assets. The company specializes in deepwater offshore exploration and production. Etu Energias is privately held and operates in Energy.
When did Etu Energias acquire Chevron?
Etu Energias's acquisition of Chevron was reported on August 28, 2026. Etu Energias has signed a Sale and Purchase Agreement to acquire interests in Block 14 from Chevron. This acquisition allows Etu to become the operator of the block, with support from BW Energy and Chariot Limited. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chevron do?
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. It is publicly traded (CVX), operating in Manufacturing, and is based in Houston.
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