Acquiring Company
Chevron
Acquired Company
Trago Energy Pty Ltd
Houston
VictoriaManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable EnergyEnergyOil And GasDescription
Chevron Corporation has acquired the 10% participating interest of Trago Energy Pty Ltd in Petroleum Exploration License 90 for $11 million in cash. The agreement allows Chevron to assume full control of the license, which is located offshore Namibia. Following the completion of this transaction, Trago will no longer hold any participating interest in PEL 90, and the deal includes contingent considerations linked to future production milestones.
Fundz sees it the moment Chevron makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Trago Energy Pty Ltd?
Trago Energy Pty Ltd was acquired by Chevron, based in Houston. The deal was reported on October 1, 2026. 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. Chevron is publicly traded (CVX) and operates in Manufacturing.
When did Chevron acquire Trago Energy Pty Ltd?
Chevron's acquisition of Trago Energy Pty Ltd was reported on October 1, 2026. Chevron Corporation has acquired the 10% participating interest of Trago Energy Pty Ltd in Petroleum Exploration License 90 for $11 million in cash. The agreement allows Chevron to assume full control of the license, which is located offshore Namibia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Trago Energy Pty Ltd do?
Trago Energy is a subsidiary of Custos Energy (Pty) Ltd., focusing on oil and gas exploration and production. They have interests in various petroleum licenses and collaborate with larger energy firms for exploration activities. It is privately held, operating in Energy, and is based in Victoria.
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