Etu Energias’ upward trajectory
Angola 
With more than 20 years of experience in the market, Etu Energias is the largest private Angolan integrated energy company. Etu Energias is investing in offshore and onshore oil and gas, downstream, and solar energy projects.
Incorporation
2004
- Start of fuel distribution
- Signing of the Access Protocol to the Kwanza Basin Seismic Data
2005
Acquisition of interest in non-operated blocks
2007
- Transition process for FS/FST operation
- Pre-qualification as an operating company
2009
Effective start as operator in FS/FST Associations
2013
Approval of tax incentives to Angolan companies
2015
- Somoil as Block 2/05 operator (Decree 266/15)
- Acquisition of 16.33% of Chevron (FST Association)
- FS/FST – concession extension +20 years
2016
- Moving to the new headquarters building
- Beginning of organisational structure
- Optimisation process
2020
- Appointment of new executive board
- Launched cost reduction project “Emagrece”
- New vision: transition to an energy company
2021
- Recovery post-Covid-19
- Best-ever safety and financial performance
- New corporate identity (Etu Energias)
- Gas stations
- Expansion strategy
- Renewable energies
2023
- New corporate identity (Etu Energias)
- Gas stations
- Expansion strategy
- Renewable energies
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