Upstream oil and gas company Afentra plc (AET.L), on Thursday, said it has launched a strategic review process and is in discussions with a limited number of counterparties regarding a potential sale of the company.
The company has appointed Jefferies to explore options, which may include a sale of the entire issued share capital or alternative strategies to support future growth.
Afentra said the move follows a period of strong operational progress in Angola, where it has built a portfolio of offshore and onshore assets with significant development potential.
The company highlighted upcoming activity on Block 3/05, including three heavy workovers and two production wells in 2026, as well as ongoing development assessments on Block 3/24 discoveries.
Afentra added that it is also evaluating broader opportunities, including financing options to support its growth strategy, and may ultimately remain an independent listed company.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.