Mergers & AcquisitionsMedium•29 October 2026•
1 min read
Maurel & Prom Advances Acquisition of Angolan Offshore Oil Blocks
Key Facts
1Maurel & Prom announced progress in the joint acquisition of interests in Angolan offshore blocks 3/05 and 3/05A.
2An executive decree for Block 3/05A has been published, paving the way for the completion of the transaction.
Maurel & Prom announced progress in the joint acquisition of interests in Angolan offshore blocks 3/05 and 3/05A. Benzinga reported that an executive decree for Block 3/05A has been published, paving the way for the completion of the transaction.
The publication of the decree fulfills a necessary regulatory requirement for the joint acquisition to proceed in a key oil-producing region. This move aligns with the company's efforts to finalize its interests in these offshore assets alongside its partners.