---
title: "Energean to acquire Chevron's Angola oil stakes for $260 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278837320.md"
description: "March 12 (Reuters) - Energean ( EERGF ) on Thursday said it will acquire Chevron's ( CVX ) interest in two offshore Angola oil blocks for a base consideration of $260 million, as the Mediterranean-focused gas producer follows through on its plan to build out a hub in West Africa. (Reporting by Raechel Thankam Job in Bengaluru; Editing by Janane Venkatraman)"
datetime: "2026-03-12T07:11:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278837320.md)
  - [en](https://longbridge.com/en/news/278837320.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278837320.md)
---

# Energean to acquire Chevron's Angola oil stakes for $260 million

March 12 (Reuters) - Energean ( EERGF ) on Thursday said it will acquire Chevron's ( CVX ) interest in two offshore Angola oil blocks for a base consideration of $260 million, as the Mediterranean-focused gas producer follows through on its plan to build out a hub in West Africa. (Reporting by Raechel Thankam Job in Bengaluru; Editing by Janane Venkatraman)

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