Eni SPA E entered an agreement with BP plc BP to create Azule Energy — a 50/50 joint venture (JV) combining their Angola businesses. Azule Energy is expected to be the largest oil and gas producer in ...

The BP-Eni (NYSE:BP) (E) joint venture Azule Energy made a significant gas discovery in a shallow water block offshore Angola, with estimated resources of as much as 1T cf of gas and 100M barrels of ...

Luanda is awash with talk that BP’s future in Angola is in the balance as the UK supermajor, under chief executive Bernard Looney, assesses all options to create a company geared to profit from the ...

BP is in early talks with floating production, storage and offloading vessel providers about starting a second bid process next year on its challenging Palas-Astraea-Juno (PAJ) project off Angola, ...

BP Angola (Block 18) BV has let a support services contract to Subsea 7 Inc. for the Greater Plutonio development on Block 18 off Angola. LONDON, Aug. 14-- BP Angola (Block 18) BV has let a support ...

LONDON, Nov 25 (Reuters) - BP BP.L said on Thursday it had started production at the Platina oilfield offshore Angola, helping Africa's second biggest oil exporter slow a decline in output. The ...

Eni (NYSE: E) and BP (NYSE: BP) have entered into a non-binding memorandum of understanding to progress detailed discussions on combining their upstream portfolios in Angola. Eni (NYSE: E) and BP ...

A BP PLC subsidiary said test results show its Tebe oil discovery on ultradeepwater Block 31 off Angola has the reservoir capacity to flow more than 5,000 b/d “under production conditions.” HOUSTON, ...

LONDON, Oct 1 (Reuters) - BP (BP.L), opens new tab and Eni (ENI.MI), opens new tab are seeking to raise up to $2 billion for their emerging oil and gas joint venture in Angola as they look to reduce ...

(Reuters) - BP on Tuesday will sign deals with Angola to explore oil and gas in several blocks in the southern African country's Kwanza Basin, Angolan state news agency Angop cited the oil firm's ...