Azule Energy has appointed Joe Murphy as its new Chief Executive Officer, effective 1 December 2025.
The company said Murphy brings more than 20 years of global energy experience, having held senior leadership roles across BP’s major ventures and contributed to the creation of Azule itself.
Announcing the appointment, the company said Murphy’s background includes operations in the Gulf of Mexico, the Middle East and Europe, as well as work on sustainable market strategies. Azule stated that it “looks forward to Joe leading Azule into its next chapter of growth and innovation.”
Azule Energy is a joint venture between BP and Eni.
The leadership change comes as the company progresses its first international expansion into Namibia. Last year, Azule secured a 42.5% stake in Block 2914A from operator Rhino Resources through a farm-in agreement. Rhino Resources retains 85%, while NAMCOR holds 10% and Korres Investments (Pty) Ltd 5%.
The partners announced their first Namibian oil discovery in April at the Capricornus well.
The agreement grants Azule a 42.59% interest in Block 2914A, positioning the company as a key player in one of the region’s most prospective oil and gas frontiers. The Orange Basin has recorded several major discoveries since 2022, drawing significant exploration interest.
The agreement also gives Azule the option to assume operatorship of the block, known as PEL 85.
