Établissements Maurel & Prom SA, in consortium with BW Energy Limited, has signed a Sale and Purchase Agreement with Azule Energy Angola B.V. for the joint acquisition of a 20% interest in Block 14 (10% net to Maurel & Prom) and a 10% interest in Block 14K (5% net to Maurel & Prom), both offshore Angola. Block 14 is a mature deepwater producing asset operated by Chevron, currently yielding around 40,000 barrels of oil per day gross, with Maurel & Prom's share representing about 4,000 barrels per day. Block 14K, a unitised development between Angola and the Republic of Congo, is tied back to Block 14 infrastructure and produces approximately 2,000 barrels per day gross, with Maurel & Prom's net share at around 100 barrels per day. The transaction is expected to close in mid-2026, pending regulatory approvals and customary closing conditions.