The blocks, operated by Norway's Statoil, are in the Kwanza basin, a so-called "pre-salt" region, which is believed to be analagous to areas offshore Brazil where vast oil discoveries have been made in recent years.
Lord Browne has since backed numerous energy ventures, including UK frackers Cuadrilla, through his private equity firm Riverstone.
Mr Hayward meanwhile formed Genel Energy with financier Nat Rothschild and former Goldman Sachs investment banker Julian Metherell.
Mr Hayward said the Angola deal was a "rare opportunity to enter into a low risk, multi-billion barrel resource play".
"Partnering with White Rose offers us a unique opportunity to secure a material interest in the exciting pre-salt play whilst managing our financial exposure to a level appropriate for a company of our size," he said.
"White Rose brings significant directly relevant technical experience which together with Statoil, a first-class operator with longstanding regional knowledge and relationships, establishes a strong and exciting partnership with which to establish an entry position in Angola.”
Mr Hayward's successor, Bob Dudley, has also earmarked Angola as one of the key regions for the oil major, both through production from existing deepwater oil regions and exploration in the pre-salt basin.
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