PRESS RELEASEAzule Energy Marks Major Milestone with Completion of New Gas Consortium PlatformsAmbriz, Bengo, 11 February 2025 - Azule Energy, in collaboration with its partners, is proud to announce the successful completion of the Quiluma and Maboqueiro offshore platforms, a cornerstone of the New Gas Consortium (NGC) project.Azule Energy and its partners witnessed, on 11 February, the load out and sail away ceremony of the Quiluma deck in Ambriz Petromar Yard. The event highlighted the project's remarkable safety record, with 2.5 million man-hours completed without a single Lost Time Injury (LTI).The NGC project is a joint venture between Azule Energy, Sonangol E&P, Chevron, and TotalEnergies.Alister Forder, Chief Operating Officer of Azule Energy, emphasized: "Today's milestone is a reflection of the collaborative spirit, technical expertise, and dedication of all partners involved in the NGC project. As we prepare for NGC First Gas, this project reaffirms our commitment to unlocking Angola's energy potential."The NGC project encompasses the exploration and production of gas from the Quiluma and Maboqueiro shallow water fields, with two offshore platforms and an onshore gas processing plant.About Azule EnergyAzule Energy has a daily production above 200,000 barrels of oil.Corporate Communication(+244) +244923184155media@azule-energy.comhttps://www.azule-energy.com

Greater PAJ first cut
The first steel cutting ceremony for the Greater PAJ FPSO topside process modules was held at Haiyang CIMC Raffles’ Haiyang yard in China, officially marking the start of the topside construction phase of this strategic project for Angola’s offshore energy sector.
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