Azule Energy is pleased to announce that Moody’s Ratings has upgraded the company’s corporate family rating and senior unsecured note ratings from B2 to B1, maintaining a stable outlook. This positive development reflects our strong performance and credit profile, and supports our commitment to disciplined investment, robust liquidity and prudent financial management as we continue to build a resilient business.
Read the full rating announcement from Moody’sOffshore assets, diversified reserves, growth opportunities in Angola and Namibia, deep shareholder expertise from bp and Eni, conservative leverage, and a clear ESG commitment. The investor story behind Azule Energy.
The perspectives of Azule's CEO and CFO on strategy, financial discipline, and the company's long-term investment case.
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Chief Executive Officer
"At Azule, we are committed to powering Angola and global markets with responsibility, innovation, and discipline. Our focus is clear: deliver sustainable long-term value through operational excellence, advanced technology, and a balanced, future-ready portfolio. We will continue to strengthen our foundations while unlocking new opportunities for our shareholders, our people, and the communities we serve."

Chief Financial Officer
"Our financial strategy is built on discipline, transparency, and long-term value creation. We remain focused on delivering sustainable returns to our shareholders while investing responsibly in the future of energy."
The structural advantages that anchor Azule's long-term equity story.
11 operated blocks, five FPSOs, and long-lived reserves across world-class Angolan deepwater assets. Combined with one of the industry's largest installed subsea wellhead (X-tree) portfolios, Azule ranks among the top 10 global subsea operators, demonstrating technical excellence in deepwater project execution and operation.
Stable oil output combined with Angola’s first non-associated gas projects and frontier exploration potential in Namibia for diversified, long-term growth.
Azule combines a strong opportunity portfolio with a track record of delivering on time and on cost.
50/50 joint venture of bp and Eni — two of the world's most experienced offshore operators, backing Azule's strategy and operational capability.
Strong liquidity, disciplined leverage, and access to deep capital markets ensure resilience through cycles.
On track to reduce GHG emissions by 40% by 2030, with 75% lower flaring and near-zero methane emissions. Creating shared value through clean cooking, renewable energy, water, healthcare and environmental conservation programmes.
Azule Energy Holdings Limited (AEHL) is the parent company. It is the company that primarily manages Group Treasury, Group Tax, Company Secretary, Group Reporting and Internal Audit activities. Leadership is appointed by the underlying subsidiaries that conduct Angola operations under Petroleum agreements with the Angolan Government, represented by the National Concessionaire.
bp p.l.c. and Eni SpA each hold a 50% share of Azule Energy.
Azule Energy’s leadership team, including the CEO and CFO, is appointed by AEHL’s subsidiaries for managing their operation through their respective registered branches in Angola.
Quarterly financial reviews, interim statements, and annual reports - back to the company's founding in 2022.
Recent investor calls and presentations from quarterly and full-year results.
Three U.S. dollar bonds issued by Azule Energy Finance PLC since 2025, alongside our corporate credit ratings from Moody's and Fitch.
International Stock ExchangeInternational Stock ExchangeInternational Stock ExchangeThe Azule Board includes senior directors drawn from both shareholder companies. Joint oversight reflects the 50/50 ownership structure.
Azule's ESG targets and current performance — measured, reported, and audited against bp and Eni's wider Net Zero commitments.
For investor relations questions, financial reports, or to register for upcoming results calls.
Email: investor@azule-energy.com
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