Genel venture buys into Angolan blocks

摘要

Cape Town—Genel Energy has teamed up with White Rose Energy Ventures to acquire a minority stake in two frontier deepwater exploration blocks in the Kwanza subsalt basin offshore Angola. The companies on Thursday said WRG, a venture owned by Genel and White Rose, will acquire a 15% stake in blocks 38 and 39 from Norway’s Statoil for $281 million.