Afentra takes additional stakes in Angola offshore blocks


Issue 465 - 21 Jul 2022

London Stock Exchange-listed Afentra has agreed to pay $33m to increase its stake in one offshore block in Angola and take a minority stake in an adjoining area. In a 19 July statement, the company said its wholly-owned subsidiary Afentra (Angola) had signed an agreement with the local Industrija Nafte (INA) to acquire a 4% non-operated interest in Block 3/05 and a 5.33% stake in Block 3/05A.

Want to read more?

Medium article

£9

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register