Azule is a leading upstream player, with exploration and production activities in 20 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.
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.
Adriano, the very first CEO of Azule Energy, joined Eni in 1988 and counts more than 20 years of experience in managerial roles at Eni, both at the headquarters and in different affiliates, among where he was appointed Executive Vice-President of different upstream Regional organizations and deputy Chief Operations Officer for the upstream.
In the very recent past, he covered the position of Eni’s Regional Manager for Europe and Americas before moving to Angola in 2022.
We have three unifying cultural principles that represent “The Azule Energy way”.
I Explore, Innovate and Deliver
I am Responsible and Accountable
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.