Azule Energy Finalizes Namibian Farm-In Deal, Marking First International Expansion
Azule Energy – one of the largest independent equity producers of oil and gas in Angola and a joint venture between energy supermajors Eni and bp – recently announced the successful completion of its strategic farm-in agreement for Block 2914A, offshore Namibia. With this transaction, Azule Energy now officially holds a 42.5% interest in Block […]
Nigeria Approves Shell’s Onshore Asset Sale to Renaissance, Signaling New Era for Local Firms
Having recently approved a $1.3 billion deal that would see a group of local companies purchase Shell’s onshore assets in the country, Nigeria – Africa’s largest crude producer – is now more than well-positioned to enhance its position as one of the continent’s premier oil and gas investment destinations. The African Energy Chamber (AEC) – […]
