Ten months after the two majors mooted their Angola-focused tie-up, Eni and BP have formalised the combination of their local assets under a 50/50 joint venture (JV) known as Azule Energy. The new entity creates Angola’s largest oil producer, with at least 200,000 boe/d of combined net output and 2bn bbls equivalent in net resources.
Large article
£17
(Access to one African Energy article)
Subscribe to African Energy