Azule Energy announces gas discovery at exploration well in Angola

Azule Energy, an incorporated joint venture of BP and Eni, operates the block with a 35 per cent interest, in partnership with Equinor (30 per cent), Sonangol E&P (25 per cent), and Acrep (10 per cent).

Paulino Jerónimo, Chairman of Angola's national agency ANPG, stated that new discoveries are a motivating factor for attracting private investment and that the gas is vital for enhancing domestic energy access and industry. Drilling operations at the well are ongoing.