Welligence Angola M&A | BW Energy and Maurel & Prom buy Azule Energy’s stakes in Blocks 14 and 14K
December 17, 2025

Angola M&A activity continues apace as BW Energy and Maurel & Prom acquire Azule Energy’s interests in Blocks 14 and 14K. The deal secures the buyers immediate production and redevelopment upside in one of West Africa’s most attractive offshore sectors. The transaction marks BW Energy’s entry into Angola and further consolidates Maurel & Prom’s growth strategy in the country.
Our latest analysis explores potential upside from infill drilling, nearby discovered resources and exploration. It also assesses how Azule’s portfolio rationalisation supports capital redeployment into its core oil and gas projects. The report further highlights Angola’s increasingly successful attempts to attract nimble independents best-suited to create value from mature assets.