Azule Energy and Block 15/06 Partners Celebrate Naming Ceremony for the Agogo FPSO

Press ReleaseAzule Energy and Block 15/06 Partners Celebrate Naming Ceremony for the Agogo FPSONew Milestone for Angola's Oil and Gas Industry Boosts Production and SustainabilityLuanda, 20 February 2025 – The National Agency for Petroleum, Gas and Biofuels (ANPG), Azule Energy, and the partners of Block 15/06 – Sonangol Exploration and Production, Sinopec, and NAMCOR – celebrated today, in Shanghai, People's Republic of China, the Naming Ceremony of the Agogo FPSO.The FPSO is scheduled to start operations by the end of 2025, more than six months before the FID startup date. Key energy efficiency initiatives include Combined Cycle Power Generation, the world's first CCS unit on an FPSO, advanced electrification, and a closed flaring philosophy.José Alexandre Barroso, State Secretary for Petroleum and Gas, highlighted that "the Agogo Integrated Project reflects Angola's strategic vision for partnerships that prioritise technology transfer, local content development, and environmental management."For Adriano Mongini, CEO of Azule Energy, "the completion of the Agogo FPSO with several months ahead of the established timeline underscores the project execution capabilities of Azule Energy."About Azule EnergyAzule Energy has a daily production above 210,000 barrels of oil.Corporate communications(+244) +244923184155media@azule-energy.comwww.azule-energy.com