Ver Angola

Energy

New ship 'Agogo' is already in Angolan waters and will produce 120,000 barrels of oil per day

The National Oil, Gas and Biofuels Agency (ANPG), Azule Energy and the partners of Block 15/06, namely Sonangol Exploration and Production and Sinopec, celebrate the arrival, this Friday, of the floating production, storage and offloading vessel (FPSO) 'Agogo' in Angolan waters, with operations scheduled to begin in the second half of 2025.

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With a production capacity of 120,000 barrels of oil per day, the vessel is equipped with carbon reduction technologies, including the first pilot post-combustion carbon capture system on an FPSO.

The FPSO 'Agogo' is a key part of the Agogo Integrated West Pole Project, which aims to develop the two most significant discoveries in Block 15/06, the Agogo and Ndungu fields, ANPG said in a statement to which VerAngola had access.

The Agogo field has estimated reserves of approximately 450 million barrels and is designed to produce 175,000 barrels per day at peak production.

"The arrival of the FPSO Agogo in Angola is of significant importance, as it represents the completion of the project, the first modules of which were installed last year. There were several challenging stages throughout the project, but it also demonstrates the right partnerships and the determination of our human capital. In terms of local content, part of the structure was manufactured in our country's shipyards", stated the Chairman of the Board of Directors of ANPG, Paulino Jerónimo.

For his part, the CEO of Azule Energy, Adriano Mongini, stated that "the energy sector in Angola thrives on partnerships. The completion of the FPSO Agogo, several months ahead of schedule, highlights Azule Energy's project execution capabilities and the excellent synergy between all parties involved".

Built and operated by Yinson Production, the FPSO began its journey from the Cosco Shipping Heavy Industry shipyard in China, having made a brief stop in Namibia as part of the planned logistics to replenish supplies and facilitate the crew change.

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