Azule Energy, the Angola-based joint venture of Eni S.p.A. (E) and BP plc (BP), has entered into a sales and purchase agreement with Etu Energias Block 14 B.V. to sell its stake in offshore Blocks 14 ...

Eni-BP (NYSE:E) (NYSE:BP) joint venture Azule Energy plans to spend $5B in Angola over the next 4-5 years and drill 18 wells, Eni COO Guido Brusco told Reuters on Wednesday. "Since its inception, ...

A joint venture led by BP is celebrating bringing on stream the Platina satellite oilfield in Angola's offshore Block 18. Platina is a subsea tie-back to the existing floating production, storage and ...

BP and Eni have struck a formal deal to form a joint venture in Angola, creating the country's largest oil and gas producer with an output exceeding 200,000 barrels of oil equivalent per day plus ...

Quiluma, the Central African country's first non-associated gas project, is expected to ramp up production to up to 330 MMcfd by yearend. Azule Energy, BP PLC and Eni SpA's 50-50 joint venture in ...

March 16 (Reuters) - BP (BP.L), opens new tab said on Monday its Angola joint venture, Azule Energy, has started ‌producing gas from the Quiluma field, part of the country's New Gas Consortium (NGC).

The exploratory well was drilled at a depth of 95 meters in water. It encountered gas and condensate reserves in the Lower Oligocene formation, dubbed LO100. The company noted that the Gajajeira-01 ...