News

Azule Energy and Sonangol expand partnership at the Luanda Refinery

Azule Energy and Sonangol Refinação e Petroquímica SA have signed a new agreement to extend our existing collaboration to further enhance the Luanda Refinery. This new phase will focus on studying the feasibility of implementing a biorefinery at the existing complex as part of its decarbonization, along with providing essential technical and operational support.

Highlights of our partnership:

June 2018 – Collaboration launched.
July 2022 – Installation of a new platforming unit to maximize high octane gasoline output, as well as improvement of maintenance processes and extensive training for Sonangol employees.
September 2023 – Signature of a MoU with Sonangol for potential joint initiatives in decarbonization and renewable energies, including conducting studies for the implementation of a biorefinery.

This agreement also demonstrates the integral role of the Luanda refinery in Azule’s close partnership with Sonangol.

Celebrating healthcare excellence in Angola

Members of our leadership team joined the celebration of a major milestone with the completion of an intensive echocardiography course by 11 technicians from Cardeal Dom Alexandre do Nascimento Hospital in Luanda. The dedicated individuals are the first to receive certificate qualifications recognized by the Ministry of Health’s Postgraduate Department with the collaboration of Azule Energy.

Since its implementation in October 2022, the project has achieved tremendous progress:

277 health professionals in cardiac surgery and cardiology training
489 nurses and doctors trained in Basic and Advanced Life Support
2833 patients treated under supervision
1589 beneficiaries of echocardiogram screening
20 management personnel supported in administrative and maintenance areas

We are incredibly proud to be part of the journey towards better healthcare in Angola and to make significant contribution to Primary, Secondary, and Tertiary healthcare through these kind initiatives.

Video – Agogo FPSO

Meet Agogo, our upcoming FPSO in Block 15/06 that is being designed and will redefine sustainability in the energy industry. It will feature the world’s first post combustion CO₂ capture plants installed on an offshore facility.

This revolutionary facility is set to become the benchmark in the energy industry, significantly reducing the amount of CO₂ released to the atmosphere.

Watch the video here.

Press releases

23/05/2024

Azule Energy completes the transfer of its interests in Blocks 3/05 and 3/05A offshore Angola

Azule Energy has completed the transfer of its 12% participating interest in Block 3/05 and 16% participating interest in Block 3/05A situated in the Lower Congo Basin to Afentra.

03/05/2024

Azule Energy and Rhino Resources Announce Strategic Farm-In Agreement for Block 2914A (PEL85) in Namibia

Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement. The agreement will grant Azule a 42.5% interest in Block 2914A located in the offshore Namibian Orange basin.

26/04/2024

ANPG, Azule Energy and partners of Block31, deliver primary school in Huíla

The school, which is located in the Kwawa neighborhood, Lubango, will benefit over 700 children and was delivered to the Provincial Government of Huíla and the Provincial Directorate of Education.

20/03/2024

Minister of Mineral Resources, Oil and Gas and Block 15/06 partners visit the construction of the Agogo FPSO

The Minister of Mineral Resources, Oil and Gas Diamantino Azevedo led the delegation that travelled to Shanghai, China, to monitor the construction works of the Agogo FPSO.

14/03/2024

ANPG, Azule Energy and partners in Block 18 deliver school for 720 students to the Government of Huambo

The infrastructure is part of an initiative focused on promoting access to education, contributing to the improvement of the quality of education, through the provision of decent school infrastructures.

18/01/2024

ANPG, Azule Energy and Partners in Blocks 15/06 and Cabinda Centro hand over two education facilities to the Government of Cabinda

The infrastructures are part of the Cabinda Integrated Project, which is
financed by the two oil concessions and is focused on education, access to
water, health, and economic diversification sectors

21/12/2023

Azule Energy signs Risk Service Contracts for Blocks 18/15, 46 and 47

The contracts, which result from direct negotiations, represent another positive development for exploration activities in Angola’s Lower Congo Basin

12/05/2023

Azule Energy adheres to the Global Oil & Gas Decarbonization Charter

The strategy is part of the company´s commitment to reduce 40% of its emissions
by 2030

13/11/2023

Azule Energy Commits to Methane Emission Reduction through adherence to OGMP 2.0

Adopting the OGMP 2.0 represents a strategic step in Azule Energy's dedication towards reducing its environmental footprint.

30/10/2023

Azule Energy, ANPG and Block 18 partners award professional certificates

One hundred and fifty young graduates were awarded certificates in the Professional and Community Internship Programme implemented by Development Workshop Angola (DW)

10/04/2023

Azule Energy and partners lay the foundation stone for the construction of the New Gas Consortium’s facilities

This is the first non-associated gas project in Angola, expected to start production in 2026, and includes an investment of around USD 2.2 billion.

13/09/2023

Sonangol and Azule Energy sign agreement for cooperation on decarbonisation

The MoU was signed during the Angola Oil and Gas Conference, that is taking place in Luanda.

31/08/2023

Azule Energy Signs Block 31/21 Production Sharing Agreement

This agreement is a significant step towards exploration activities in the Lower Congo Basin

16/06/2023

Name Change of Azule Energy Subsidiaries

Azule Energy subsidiaries change names following approval from shareholders.

28/02/2023

Azule Energy signs main contracts for the “Agogo integrated west hub development project” in Block 15/06 offshore Angola

The contracts follow the Final Investment Decision for the Agogo Integrated West Hub Development project

02/10/2023

Azule Energy and Angolan Basketball Federation (FAB) sign women’s basketball league sponsorship contract

Named as "Liga Azule", the competition will start in March with the participation of 11 teams.

12/08/2022

Azule Energy and Monzino Cardiological Center support healthcare in Angola

Providing world-class Italian cardio-surgery and cardiology in support of the Angolan population is the aim of the partnership between Azule Energy and the Monzino Cardiology Center

08/11/2022

Azule Energy signs EPC contracts for the New Gas Consortium

The contracts follow the Final Investment Decision for the Quiluma and Maboqueiro gas project, the first non-associated gas project in Angola.

08/02/2022

Azule Energy begins operations. Eni press release.

Azule Energy, Angola’s new largest independent oil and gas producer, begins operations.

08/02/2022

Azule Energy begins operations. bp press release.

Azule Energy, Angola’s new largest independent oil and gas producer, begins operations.

03/11/2022

Angola joint venture. bp press release.

Eni and bp finalise agreement to create new independent joint venture in Angola.

03/11/2022

Angola joint venture. Eni press release.

bp and Eni confirmed today that they have signed an agreement to form a new 50/50 independent company, Azule Energy, through the combination of the two companies’ Angolan businesses.

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