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In its 2024 annual report, Azule described the well as “a potential play opener”. According to data from marine intelligence provider
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Azule has signed risk-sharing deals on three licences offshore Angola, picking up where BP
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Sonangol P&P holds 20% of the participating interest in each block and Equinor holds a 40% of the participating
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Sonangol P&P holds 20% of the participating interest in each block and Equinor holds a
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Africa Energy Futures: Angola Over the last five years, how has the energy mix changed, and what have been the key
Cost price Angola: Azule Energy signs contracts for Blocks 18/15
Azule Energy has signed Risk Service Contracts for offshore Blocks 46 and 47 in partnership with Equinor and
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Azule Energy has secured exploration rights for three offshore blocks in Angola through direct negotiations with the
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The companies have stakes in Angolan exploration blocks that have yet to be tapped, and are part of the New Gas Consortium