Oil & Gas · Tier 1 — IOC JV

Azule Energy

Tier 1 — IOC JVJoint venture (BP + Eni)LuandaVerified

Angola's largest independent E&P company — the BP/Eni 50/50 joint venture combining the two majors' Angolan portfolios.

Azule Energy is the 50/50 joint venture between BP and Eni, formed in 2022 to combine the two majors’ Angolan portfolios into Angola’s largest independent E&P company. Azule operates significant production across multiple offshore blocks and is the single largest producer of natural gas in Angola through the New Gas Consortium.

The Angola Business Brief