LNG

TechnipFMC, the US oil and gas services company based in Houston, has been awarded a significant contract in Angola by Azule Energy, the joint venture set up by European majors BP and Eni in the Southwest African nation to oversee 16 licences as well as participating in Angola LNG operations.

UK energy giant bp and Italan energy company Eni have officially established Azule Energy, a new 50/50 independent joint venture formed to combine the two companies’ Angolan businesses. 

Italian energy company Eni has upgraded the resources by more than three times in the Ndungu field offshore the LNG-producing nation of Angola and said the move showed how improved technology can alter the profile and economic viability of a discovery.