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Azule Energy

About

Azule Energy will be a new 50/50 international energy company, independently managed, with more than 200,000 boe/d of net oil and gas production and 2 billion barrels equivalent of net resources. The company, expected to be Angola’s largest producer, was formed through an agreement between BP and End to combine oil and gas businesses in Angola announced March 2022.

Editor's note: Updated March 11, 2022.

Transactions

Report Date Amount (MM) Description
2022-03-11 --

BP, Eni Clinch Deal to Merge Oil and Gas Operations in Angola

BP, Eni Clinch Deal to Merge Oil and Gas Operations in Angola

Report Date Amount (MM) Description
2022-03-11 --

BP, Eni Clinch Deal to Merge Oil and Gas Operations in Angola

BP, Eni Clinch Deal to Merge Oil and Gas Operations in Angola

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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News

Aker to Provide EPC Services for Azule Energy’s Angola Projects

Aker Solutions secured a long term frame agreement worth between $47 million and $142 million with Azule Energy to provide EPC services for brownfield projects and modifications for two FPSOs in Angola.

E&P Highlights: May 20, 2024

Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions. 

Deepwater Roundup 2024: Offshore Africa

Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.

E&P Highlights: Jan. 29, 2024

Here’s a roundup of the latest E&P headlines, including activity at the Ichthys Field offshore Australia and new contract awards.

E&P Highlights: Aug. 7, 2023

Here’s a roundup of the latest E&P headlines including decommissioning activities in Europe and contract awards for a West Africa project.

E&P Highlights: July 24, 2023

Here’s a roundup of the latest E&P headlines, including ramping up production offshore Gabon and delays for Sangomar offshore Senegal in the upstream oil and gas industry.

Deepwater Roundup: Africa

Here is a roundup of some of the major deepwater projects across the globe. The first in a four-part series, Hart Energy details projects scheduled to come online in Africa from 2023 through 2027.

Azule Energy Agogo Contracts a Go

Azule Energy awarded contracts for its deepwater Agogo hub project offshore Angola.