{"id":15625,"date":"2026-02-10T12:42:32","date_gmt":"2026-02-10T12:42:32","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=15625"},"modified":"2026-02-10T12:42:34","modified_gmt":"2026-02-10T12:42:34","slug":"angola-bw-energy-provides-transaction-update","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/angola-bw-energy-provides-transaction-update\/","title":{"rendered":"ANGOLA: BW Energy Provides Transaction Update"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>BW Energy today provides an update regarding its previously announced agreement to acquire interests in offshore Block 14 and Block 14K in Angola.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BW Energy and its partner Maurel &amp; Prom have been notified that one of the existing joint venture partners in Block 14 and Block 14K has indicated its intention to exercise its pre-emption rights in relation to the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The agreement entered into between BW Energy, Maurel &amp; Prom and Azule Energy remains effective until the execution of a new sale and purchase agreement between Azule Energy and the party exercising the pre-emption right.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BW Energy remains committed to its strategy of establishing a presence in Angola as part of its broader West Africa growth ambitions, and continues to evaluate opportunities in the country and the wider region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BW Energy today provides an update regarding its previously announced agreement to acquire interests in offshore Block 14 and Block 14K in Angola. BW Energy and its partner Maurel &amp; &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/angola-bw-energy-provides-transaction-update\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[160,10317,7724,12383,7742,1533],"class_list":["post-15625","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-angola","tag-azule-energy","tag-block-14","tag-block-14k","tag-bw-energy","tag-maurel-prom","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-441","jetpack-related-posts":[{"id":15423,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-bw-energy-maurel-prom-signs-agreement-to-acquire-interest-in-block-14-from-azule-energy\/","url_meta":{"origin":15625,"position":0},"title":"ANGOLA: BW Energy, Maurel &amp; Prom signs Agreement to Acquire Interest in Block 14 from Azule Energy","author":"","date":"December 15, 2025","format":false,"excerpt":"BW Energy has in a consortium with Maurel & Prom signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy. Within this transaction, BW Energy\u2019s net share will be 10% in Block 14 and 5% in Block\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/12\/web_Entrada_Somoil_Blk14_14K.jpg?fit=700%2C400&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/12\/web_Entrada_Somoil_Blk14_14K.jpg?fit=700%2C400&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/12\/web_Entrada_Somoil_Blk14_14K.jpg?fit=700%2C400&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/12\/web_Entrada_Somoil_Blk14_14K.jpg?fit=700%2C400&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13925,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-anpg-awards-azule-energy-equinor-exploration-rights-for-block-31-21\/","url_meta":{"origin":15625,"position":1},"title":"ANGOLA: ANPG Awards Azule Energy &#038; Equinor  Exploration Rights for Block 31\/21","author":"","date":"September 4, 2023","format":false,"excerpt":"The National Agency of Petroleum, Gas and Biofuels (ANPG) and Azule Energy, in partnership with Equinor, today signed a Production Sharing Agreement (PSA) for Block 31\/21. The agreement, which results from the 2021\/2022 Limited Offshore Licensing Round, is a significant stride towardsadvancing exploration in the Lower Congo Basin. The block,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Angola_Map_Detail.png?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Angola_Map_Detail.png?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Angola_Map_Detail.png?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Angola_Map_Detail.png?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Angola_Map_Detail.png?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12023,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-eni-bp-finalise-agreement-to-create-new-independent-joint-venture\/","url_meta":{"origin":15625,"position":2},"title":"ANGOLA: Eni &#038; BP Finalise Agreement to Create New Independent Joint Venture","author":"","date":"March 14, 2022","format":false,"excerpt":"BP and Eni confirmed today that they have signed an agreement to form a new 50\/50 independent company, Azule Energy, a BP and Eni company, through the combination of the two companies\u2019 Angolan businesses. The agreement follows the memorandum of understanding between the companies agreed in May 2021. Azule Energy\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Angola-terrestrial-bassins.jpg?fit=1200%2C492&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Angola-terrestrial-bassins.jpg?fit=1200%2C492&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Angola-terrestrial-bassins.jpg?fit=1200%2C492&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Angola-terrestrial-bassins.jpg?fit=1200%2C492&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Angola-terrestrial-bassins.jpg?fit=1200%2C492&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13748,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-technipfmc-awarded-significant-subsea-contract-by-azule-energy\/","url_meta":{"origin":15625,"position":3},"title":"ANGOLA: TechnipFMC Awarded Significant Subsea Contract by Azule Energy","author":"","date":"June 28, 2023","format":false,"excerpt":"TechnipFMC has been awarded a significant\u00a0contract by Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola. It is TechnipFMC\u2019s first subsea production systems contract with Azule Energy, and follows the announcement of a flexible pipe supply contract for Azule\u2019s\u00a0Agogo Integrated West Hub Development. The\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Angola-BP.jpg?fit=1200%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Angola-BP.jpg?fit=1200%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Angola-BP.jpg?fit=1200%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Angola-BP.jpg?fit=1200%2C630&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Angola-BP.jpg?fit=1200%2C630&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":15110,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-maurel-prom-afentra-acquire-additional-interests-in-blocks-3-05-and-3-05a\/","url_meta":{"origin":15625,"position":4},"title":"ANGOLA: Maurel &amp; Prom &amp; Afentra Acquire Additional Interests in Blocks 3\/05 and 3\/05A","author":"","date":"June 20, 2025","format":false,"excerpt":"Maurel & Prom has announced that it has agreed to jointly acquire, alongside Afentra, Etu Energias S.A.\u2019s 10% interest in Blocks 3\/05 and 13.33% interest in Block 3\/05A in Angola. M&P has signed a Sale and Purchase Agreement with Etu for its 50% share of the Acquisition which is subject\u2026","rel":"","context":"In \"Afentra\"","block_context":{"text":"Afentra","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/afentra\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":12529,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-azule-energy-the-largest-independent-oil-gas-producer-commences-operations\/","url_meta":{"origin":15625,"position":5},"title":"ANGOLA: Azule Energy, the Largest Independent Oil &#038; Gas Producer, Commences Operations","author":"","date":"August 2, 2022","format":false,"excerpt":"bp and Eni have confirmed that Azule Energy, the new 50\/50 independent joint venture combining the two companies\u2019 Angolan businesses, has been officially established.\u00a0 Azule Energy is now Angola\u2019s largest independent equity producer of oil and gas, holding 2 billion barrels equivalent of net resources and growing to about 250,000\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/08\/Azule-Energy.png?fit=750%2C421&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/08\/Azule-Energy.png?fit=750%2C421&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/08\/Azule-Energy.png?fit=750%2C421&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/08\/Azule-Energy.png?fit=750%2C421&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=15625"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15625\/revisions"}],"predecessor-version":[{"id":15626,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15625\/revisions\/15626"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=15625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=15625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=15625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}