BP, Eni clinch Angola deal

LONDON — Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming what sources earlier exclusively told Reuters. The deal will create a company called Azule Energy that is expected to be Angola’s largest producer with stakes in 16 licences and in the Angola LNG joint venture. Azule Energy will also take over Eni’s stake in Solenova, a solar company jointly held with Angola’s Sonangol. —