🌊 Epic Boost for Angola’s Energy Future! 🛢️🔥
Azule Energy (the powerhouse JV between Eni & BP) has struck gold with a huge oil find at the Algaita-01 well in offshore Block 15/06!
Estimated at around 500 million barrels of oil in place — drilled starting January 2026, this gem sits super close (just ~18 km) to the existing Olombendo FPSO 🚀
That means faster ramp-up and a solid lift to production as Angola pushes back against declining trends!
This marks the 23rd success in the block — proof of the Lower Congo Basin’s incredible potential! 💥
Big win for the region, partners (including Sonangol & SSI), and global energy security! 🇦🇴
Source: Official ANPG & Azule announcements via Bloomberg + Eni.
#gEnergy #OilDiscovery #Angola #OffshoreEnergy #AzuleEnergy
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