Azule is a leading upstream player, with exploration and production activities in 18 licensed blocks. Azule’s growing focus on natural gas plays will support Angola in its role as a global LNG exporter. In addition, Azule is developing new opportunities from renewables with a new solar business.
We are:
partnering with Angola to enhance the country’s access to energy, creating employment and generating economic growth.
investing in new infrastructure and new technologies to drive the Angolan energy industry forward.
leveraging our unique expertise in exploration and fast-track project development.
operating in a way that is environmentally responsible, socially just and consistent with bp and Eni’s journey towards Net Zero.
Azule Energy is an incorporated joint venture (IJV) between BP p.l.c. and Eni SpA. bp and Eni each holding a 50% share.
Azule Energy operates in Angola under different Petroleum agreements which set out its contractual relationship with the Angolan Government (represented by the National Concessionaire). The referred agreements provide the framework for carrying out the Petroleum operations.
Azule Energy Entities Details
Click here for comprehensive details of the Azule Energy entities.
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Human Rights and Modern Slavery Policy
Read our Human rights Policy here
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Modern Slavery and Human Trafficking Statement
In this report, we share our journey, achievements, and aspirations over the last five months of 2022 and throughout 2023. As we reflect on our progress, one thing is clear:
sustainability is not just an aspect of what we do – it is at the core of who we are.
The safety of our employees, contractors and local stakeholders is a fundamental value.
Grounded in bp and Eni’s legacy safety culture, staying safe entails more than the continued adoption of world-class practices and procedures. Azule is committed to nurturing a trusting safety culture within an inclusive and diverse workplace where everyone is treated with respect and dignity.
Azule Energy is committed to preserving the environment and to promoting carbon neutrality. Our policy remains consistent with bp and Eni’s environmental values and goals to reach Net Zero 2050.
Azule’s emissions will follow a sustainable trajectory in line with both companies’ environmental targets. Hydrocarbon production and greenhouse gas emissions are reported by the two parent companies on an equity share basis.
Azule is committed to promote the sustainable development of communities in the country, in line with the Government’s development plans and United Nations Sustainable Development Goals.
We have a portfolio of diverse social initiatives inherited from bp and Eni which target key development areas across access to energy, access to water, health, education and agriculture. Know more about our areas of intervention.
Joe Murphy is the new CEO of Azule Energy effective on 1 December 2025. He brings over 20 years of global experience in the energy sector, having held senior leadership roles at bp, including Vice President of Global Integration and Senior Vice President for the creation of Azule Energy. Joe also served as President of bp Turkey and led the development of the Azerbaijan Shah Deniz field and the $40 billion Southern Gas Corridor project.
His career spans operational and commercial leadership across the Gulf of Mexico, Middle East, and Asia. In 2020, Joe was seconded as Chief Industry Officer to the Sustainable Markets Initiative, driving cross-sector sustainability strategies. He began his career at Mobil Oil after graduating from Cambridge University and later worked in energy consulting before joining bp in 2000.
We have three unifying cultural principles that represent “The Azule Energy way”.
I Care
I Explore, Innovate and Deliver
I am Responsible and Accountable