Azule Energy Awards $7.8B in Contracts for Agogo Development Project

Azule Energy. Bigstock

Subsea 7 will supply Risers, Flowlines and Subsea structures transportation and installation while TechnipFMC has been selected to supply of Risers and Flowlines.

Adriano Mongini, Azule Energy CEO, stated that, “The signing of these contracts marks the start of a new wave of major investment in the deep water of Angola and it will deliver a significant value of activities for the country’s oil and gas industry.”

Representing one of the biggest upstream projects being developed in the country, the development will include the drilling of 36 new wells; the installation of 100km of rigid flowlines, 100km of flexible flowlines and 100km of umbilicals; as well as the installation of an FPSO with a production capacity of 120,000 barrels of oil per day, gas injection capacity of 230 million standard cubic feet per day and water injection capacity of 120,000 barrels per day.

The hydrocarbons set to be processed at the Agogo Integrated West Hub will be sourced from the Agogo and Ndungu fields, leveraging the new Agogo FPSO unit and an existing FPSO at the Ngoma project. The project is expected to be operational from mid-2026.

Share This Article

Other Reads

Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.
X
X