What is the budget and commercial profile for the project “Azule Acquisition”?

Taiyo normalizes the budget of “Azule Acquisition” to USD 28400000.

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This Taiyo project page references Financial Conduct Authority (FCA) along with the original URL (https://data.fca.org.uk/artefacts/NSM/RNS/5194407.html). Taiyo standardizes official data into a consistent, searchable project profile.

Azule Acquisition

Sector: Oil and Gas • Location: Angola

Source: Financial Conduct Authority (FCA)

AssetPrivate

Acquisition of a 12% non-operating interest in Block 3/05 and a 16% non-operating interest in Block 3/05A offshore Angola, increasing Afentra's interest to 30% and 21.33% respectively. Payable cash consideration at completion was $28.4 million. The company inherited crude oil stock of approximately 480,000 barrels. Combined gross production averaged ~23,000 bopd for the first four months of 2024.

Project Information

3 Q

The project “Azule Acquisition” is an infrastructure initiative in the Oil and Gas sector, located in Angola. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Participants

Sponsoring Agency	Obfuscated Data
Company	Obfuscated Data

Status

Original status	Obfuscated Data
Taiyo status	Obfuscated Data
Taiyo last update	00-00-0000
Available timestamps	00-00-0000
Available timestamp type	Obfuscated Data

Contact

Contact name	Obfuscated Data
Phone	0000000000
Email	ObfuscatedData@email.com
Address	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description	Acquisition of a 12% non-operating interest in Block 3/05 and a 16% non-operating interest in Block 3/05A offshore Angola, increasing Afentra's interest to 30% and 21.33% respectively. Payable cash consideration at completion was $28.4 million. The company inherited crude oil stock of approximately 480,000 barrels. Combined gross production averaged ~23,000 bopd for the first four months of 2024. Next crude oil cargo (~450,000 barrels) expected to be sold in June 2024.
Original sub-sector	Obfuscated
Original Currency	USD
Original budget	000000000000000
Procurement method	Obfuscated Data
Budget	000000000000000

Location

Region	Obfuscated
Country	Obfuscated
State	Obfuscated Data
County	Obfuscated
Location	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

More Details

Project Type	Obfuscated Data
Article Published Date	Obfuscated Data

Azule Acquisition

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