Our portfolio of assets includes 20 licenses, 11 of which operated by Azule. They include oil and gas production and the New Gas Consortium, Angola’s first non-associated gas project. Azule also holds a participation in Angola LNG JV and Solenova, a solar JV with Sonangol developing Caraculo’s photovoltaic project.

Assets at a glance


operated blocks


exploration blocks





Photovoltaic installed capacity (Caraculo ph.1 - under development)


Angola’s offshore and onshore oil producing and exploration locations are segregated into defined areas or licensed ‘blocks’. Our operations are located in 20 blocks, both offshore and onshore. Azule directly operates 8 of these blocks.

In 2022 oil and condensates accounted for about 85% of total hydrocarbon production, or approximately 200 mbbl/d growing to about 250,000 barrels equivalent a day (boe/d) of equity oil and gas production over the next 5 years.

Expected Net Production in the 2023-2026 period: ~ 250 mboe/d


Our assets

Floating production, storage,
and offloading (FPSO) units

Our wells can reach depths of up to 2,000 metres, with oil produced from 4 floating production storage and offloading vessels (FPSO). Each has the capacity to produce 1.75 million barrels of oil equivalent per day (boepd).

An FPSO is home to up to 160 people, has a helideck, control room, galley/catering facilities, gym, lounge and cinema. It is held in position for its 25-year life by a spread of 12 mooring lines connected to anchor piles on the seabed 1,300 metres below.

The KBR-designed topsides accommodate all processing facilities for oil, gas and produced water, as well as seawater treatment for water injection. A subsea production system provides intelligent well technology, and water and gas injection wells. Manifolds, flowlines and risers connect the wells to the FPSO for export to trading tankers via a remote offloading system.



Currently, gas accounts for about 15% of Azule’s equity hydrocarbon production. Produced in association with liquids, gas is separated from oil and then channeled via pipeline to Angola LNG, where it is liquefied and shipped overseas, and supports domestic demand for power as well. A bridge fuel for the energy transition and a major driver for Angola’s economic diversification, over the medium-term natural gas will grow in importance in Azule’s production mix.

New Gas Consortium (NGC)

A first for Angola. Historically, gas has been captured as a by-product of oil extraction (associated gas). The NGC is different in that it specifically targets to develop and produce non-associated gas located in the offshore gas fields to supply Angola LNG, thereby enhancing the nation’s gas export capability.

The NGC will be operated by Azule Energy and is an unincorporated joint venture with Sonangol P&P, Chevron and Total. The non-associated gas of the Phase 1 of the project will come from the Quiluma and Maboqueiro shallow waters field with additional potential related to gas from Blocks 2, 3 and 15/14 areas.

The first gas is expected in the second half of 2026 and the project is projecting to produce more than 300 mmscfd at plateau.


Azule’s first renewable energy business project is Caraculo’s photovoltaic plant, being developed by Solenova, a 50-50% joint venture between Azule Energy and Sonangol created specifically for the promotion of renewable energy projects in Angola.

Located in the province of Namibe, the project consists of the phased installation of a 50 Megawatt (MW) photovoltaic plant; the first 25 MW phase became operational in May 2023.

Caraculo’s photovoltaic plant will contribute to the reduction of diesel consumption for the generation of electricity and will support the diversification of the energy matrix in Angola, particularly by feeding electricity to the southern territory’s grid.

The project also falls within the national government’s “Angola Energy 2025” long-term plan to provide access to basic energy services to the population.

Click here and access the Solenova website.

Angola LNG

The ALNG project was built to create value from offshore associated gas resources and is one of the largest ever single investments in the Angolan oil and gas industry. With a 27.2% share, Azule Energy is one of the four shareholders in this incorporated joint venture, alongside Sonagas, Total and Chevron, the operator.


The onshore gas liquefaction plant for the treatment and marketing of gas associated with the production of crude oil is located near Soyo in the Zaire province in north Angola. The installed plant capacity is 5.2 MTPA (million tonnes per annum).

Registered Head Office:
Azule Energy
Av. 4 de Fevereiro,197
Torres Atlantico
Luanda, Angola
Telephone number:
+244 222 637 440
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