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Spotlight | Angola
Chevron and Azule Energy bogged down in sale of block 14

Reading time 3 min
Edson dos Santos, chairman of the board of Etu Energias.
Edson dos Santos, chairman of the board of Etu Energias. © Etu Energias

What initially seemed a straightforward divestment has turned into a far more complicated affair. The California major and the BP–ENI joint venture's sale of two mature offshore licences has been disrupted by local junior Etu Energias' pre-emption ambitions.

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