Block 32 Offshore Platform

Block 32/Block 14/Block 14K - Acquisition Financing

Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Angola

Deal Overview

Acquisition financing for Etu Energias' indirect acquisition of a 5% stake in upstream asset Block 32 and 9% in Block 14, 4.5% in Block 14K in offshore Angola, from GALP. The conclusion of this deal represents the materialization of the purchase and sale agreement between the subsidiaries...

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Deal Volume
$655m
Financial Close
14/06/2024
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Block 32 Offshore Platform
$276.67m
Greenfield
Oil - Upstream (Exploration and production)
Africa
Africa
Angola
Block 14 Offshore Platform
$276.67m
Greenfield
Oil - Upstream (Exploration and production)
Africa
Africa
Angola
Block 14K Offshore Platform
$276.67m
Greenfield
Oil - Upstream (Exploration and production)
Africa
Africa
Angola