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We are an international energy company located in angola Our policy remains consistent with bp and eni’s environmental values and goals to reach net zero 2050. Our ambition is to provide energy for the angolan people and partner with the country to navigate its energy transition
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We strive to create value for all stakeholders and put angola at the core of what we do. Azule energy is committed to preserving the environment and to promoting carbon neutrality Azule energy is now angola’s largest independent equity producer of oil and gas, holding 2 billion barrels equivalent of net resources and growing to about 250,000 barrels equivalent a day (boe/d) of equity oil and gas production over the next 5 years.
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Every corner of azule carries the mark of a hand — carved wood, woven light, stained glass, a mosaic tucked into a stair Azule energy will operate three more blocks offshore angola after signing risk service contracts with the country’s national agency for oil, gas and biofuels. Azule energy, the joint venture formed in march 2022 by italy’s eni and the uk’s bp to merge their oil assets in angola, successfully finances its operations independently and pays dividends to its shareholders. 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. Azule is not just a debut issuer but it is also a new company, as bp and eni set it up in 2022. Angola's largest private oil and gas company azule energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its ceo said on thursday, in a boost to the country's.
