Namibia oil map- Orange Basin crop

Namibia: BP and Eni's Azule JV strikes first international deal, taking Orange Basin block stake


Issue 505 - 09 May 2024 - By Dominic Dudley | 3 minute read

BP/Eni joint venture Azule Energy – which until now has focused entirely on Angola – has taken a 42.5% stake in an offshore block in Nambias Orange Basin, close to the giant Graff and Venus discoveries. The farm-in deal includes an option for Azule to become operator in the future.

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