Announcements, milestones, press releases, and stories from across Azule's operations in Angola and Namibia.
Coverage, commentary, and stories from across our operations.
Azule Energy announced the signing of a Sale and Purchase Agreement (SPA) with a consortium of Etablissements Maurel & Prom S.A. (M&P) and BW Energy (BWE) for the sale of Azule Energy's participating interest in offshore Blocks 14 and 14K located in the Lower Congo Basin.
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The initiative, financed by ANPG and Block 28, operated by Azule Energy, reinforces commitment to education in Luanda
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Azule Energy has completed the transfer of its 12% participating interest in Block 3/05 and 16% participating interest in Block 3/05A situated in the Lower Congo Basin to Afentra.
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Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement. The agreement will grant Azule a 42.5% interest in Block 2914A located in the offshore Namibian Orange basin.
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The infrastructure is part of an initiative focused on promoting access to education, contributing to the improvement of the quality of education, through the provision of decent school infrastructures.
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The contracts, which result from direct negotiations, represent another positive development for exploration activities in Angola's Lower Congo Basin
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The MoU was signed during the Angola Oil and Gas Conference, that is taking place in Luanda.
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This agreement is a significant step towards exploration activities in the Lower Congo Basin
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Azule Energy subsidiaries change names following approval from shareholders.
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The strategy is part of the company´s commitment to reduce 40% of its emissions by 2030
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This is the first non-associated gas project in Angola, expected to start production in 2026, and includes an investment of around USD 2.2 billion.
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bp and Eni confirmed today that they have signed an agreement to form a new 50/50 independent company, Azule Energy, through the combination of the two companies’ Angolan businesses.
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