Azule Energy, via its wholly owned subsidiary Eni Angola SPA (Eni), together with its partners in the Block 15/06, Sonangol P&P and SSI Fifteen Limited, have awarded the main contracts for the development of the Agogo Integrated West Hub Development Project.
Adriano Mongini, Azule Energy CEO commented, “The signing of these contracts marks the start of a new wave of major investment in the deep water of Angola and it will deliver a significant value of activities for the country oil and gas industry. This Project will also represent an important contribution towards the increase of the Country oil production. The support provided by Angola’s Ministry of Mineral Resources and Petroleum and the National Concessionaire (ANPG), has been essential in finalising this new integrated development project.”
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Agogo Integrated West Hub Development Project
Agogo Integrated West Hub Development Project development is one of Angola’s major upstream projects coming to fruition in the near future. The project comprises 36 new wells (21 producers, 15 injectors), one converted FPSO with capacity for 120,000 bo/d, 230 MMscfd of gas injection, and 120,000 b/d of water injection. It will also entail about 100 km of rigid flowlines, 100 km of flexible flowlines, and 100 km of umbilicals.
The project will produce hydrocarbons from Agogo and Ndungu Fields through existing Ngoma FPSO and the new Agogo FPSO set to be operational from mid f 2026. As a result, it will reach a peak of production of 175.000 bbl/day, thus fully exploiting the utilisation and synergies with the existing infrastructures of the western area of the block 15/06, in order to optimise the project schedule and associated cost.
The contracts are worth roughly $7.8 billion. Yinson won a contract for the supply of FPSO and Field Operations and Maintenance services. Baker Hughes was awarded a contract for the supply of Subsea Production Systems and Aftermarket Services.
Aker Solutions will supply Umbilical systems for the upstream development project, while Saipem will provide rigid flowlines and subsea structure transportation and installation. In addition, Subsea 7 won a contract to supply risers, flowlines and subsea structure transportation and installation. TechnipFMC also snagged a contract win for the supply of risers and flowlines.
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[…] home to significant reserves of petroleum and natural gas, particularly in countries like Nigeria, Angola, and Algeria. These countries have been major producers of crude oil for many years, and in recent […]
[…] The project achieved FID in May 2024 and is expected to start production in 2028. Additionally, the Agogo Integrated West Hub Development – located in Block 15/06 – will produce hydrocarbons from the Agogo and Ndungu fields through […]