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acquisitionAnnounced · Mar 12, 2026Oil and GasSource · CredibleArticle · Factual
Energean acquires Chevron
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$260M
Target
Chevron
NYSE: CVX · Houston, Texas
Acquirer
Energean
Full Acquisition
Status
Pending
Energean agreed to acquire Chevron. Reported deal value: $260M. Status: Pending. Sector: Oil and Gas. Target headquarters context: Houston, Texas, United States.
This page summarizes publicly available information about the transaction as of 2026-03-12. Figures and status may change as filings and press coverage update.
Markets Quick Summary Energean is acquiring Chevron 31% operated interest in Block 14 and 15.5% non‑operated interest in Block 14K offshore Angola for $ 260 million base, plus contingent payments up to $250 million through 2038, aiming to accelerate West Africa output
Deal timeline
Announced
Mar 12, 2026 · globalbankingandfinance.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Oil and Gas with a reported deal value of $260M. Figures and status may change as sources update.
Sources: globalbankingandfinance.com · Primary article · FireStrike proprietary index