News
Successful Light-Oil Discovery at Capricornus 1-X, Offshore Namibia
We are pleased to announce the successful testing of the Capricornus 1-X exploration well, located in Block 2914A, located in the Orange Basin, offshore Namibia.
We hold a 42.5% stake in the block, alongside co-venturers Rhino Resources (Operator, 42.5%), NAMCOR (10%), and Korres Investments (5%).
Celebrating 3 years of safe work on Olombendo FPSO
Our FPSO Olombendo has achieved a significant milestone: 𝘁𝗵𝗿𝗲𝗲 𝘆𝗲𝗮𝗿𝘀 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗮 𝗟𝗼𝘀𝘁 𝗧𝗶𝗺𝗲 𝗜𝗻𝗷𝘂𝗿𝘆.
This incredible achievement reflects the dedication, hard work, and commitment of the entire team, both onshore and offshore.
Congratulations to the team, we appreciate their contributions toward maintaining a safe working environment. Safety is at the heart of everything we do, and it’s an ongoing commitment we make together.
Azule Energy – Focus on safety
Azule Energy hosted a Safety Forum that brought together over 150 representatives from diverse contractor and subcontractor organizations.
Minister Diamantino Azevedo and ANPG Board Member Artur Custodio, joined the event and their participation underscored the importance of safety in our industry.
The forum included dynamic discussions and strong commitments from Azule Energy and contractors. The positive feedback from attendees reflects the forum’s success as a platform for learning, collaboration, and reinforcing a culture of safety.
Azule Energy continues to commit to maintaining high safety standards in all activities.
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.
Press releases
24/04/2025
Azule Energy, a partner in the PEL85 Joint Venture, is pleased to announce the successful testing of the Capricornus 1-X exploration well, located in Block 2914A, located in the Orange Basin, offshore Namibia
18/12/2024
Following the May 2024 announcement of the Farm-Out Agreement for Block 2914A (PEL85), Offshore Namibia, Azule Energy announces that all customary third-party approvals from Namibian authorities and joint venture parties have been granted.
20/11/2024
Azule Energy has been awarded with the Gold Standard Pathway on its first-year reporting under Oil & Gas Methane Partnership (OGMP 2.0) framework. This significant accomplishment underscores the company’s commitment to environmental sustainability and its dedication to reducing methane emissions.
03/05/2024
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.
14/03/2024
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
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
Press office details
Please direct all press enquiries to us at :
media@azule-energy.com