Azule

KEY POINTS • Azule Energy, backed by Eni and bp, has approved the Greater PAJ offshore oil project in Angola following a final investment decision. • The project will combine …

KEY POINTS Chevron, the U.S.-based oil major, and the BP–ENI joint venture, Azule Energy, initially planned a smooth divestment of two mature offshore licences in Angola’s Block 14. However, what …