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

Reuters

03/12

March 12 (Reuters) - Energean ENOG.L on Thursday said it will acquire Chevron's CVX.N 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)

((RaechelThankam.Job@thomsonreuters.com;))

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