Azule Energy, a joint venture company owned by Eni and BP, has successfully loaded its first cargo from the Agogo offshore field in Angola.
This development was disclosed by a senior executive of the company while making a presentation to oil and gas investors on Thursday at the 2025 Angolan National Oil & Gas Exhibition (AOG) in Luanda.
The Agogo FPSO is installed at the Agogo offshore oil field in Block 15/06 located offshore the West Hub Development area.
It is a fundamental component of the project which aims to develop the two most significant discoveries in Agogo and Ndungu.
“The Agogo integrated project stands as a testament to what we can achieve when we [work together] with determination …and when international expertise combines with excellence,” the Azule Energy official said.
“Since we started operations just over a month ago, everything has run smoothly. Together we are ready to load the first cargo from Agogo FPSO. Currently, we produce about 30,000 barrels of oil per day,” an engineer from the company’s Agogo control room said.
This is one of the two major outcomes of the two-day petroleum exhibition that is winding down today in Angola.
On Wednesday, the signing of a preliminary contract between American oil giant Chevron and Angolan upstream oil regulator ANPG was witnessed.
The risk services contract, though subject to approval, will allow Chevron and partner Shell to explore for oil and gas in Angola’s offshore block 33/24 located in the Lower Congo Basin.
Angola’s Agogo FPSO
Angola is the latest FPSO to join Angola’s growing FPSO fleet.
The vessel was built by Yinson Production at the Keppel Shipyard in Singapore before arriving in the Central African nation in May.
Its arrival sets the stage for a major production ramp-up, with output expected to reach up to 175,000 barrels per day (bpd) in the coming months.
“This development is set to substantially increase production from the aforementioned block. The arrival of the FPSO Agogo in Angola is of significant value, as it represents the completion of the project whose first modules were installed last year,” Angola’s upstream regulator ANPG said in May.
Azule Energy claims the vessel is equipped with carbon reduction technologies, including the first pilot post-combustion carbon capture system on an FPSO.
Although neither the lifted volume or its destination were mentioned, this marks a huge milestone for the Azule consortium which already is Angola’s largest independent oil and gas producer.
Again, Azule proves a strong commitment to the Agogo project execution having already brought forward the first oil from mid-2026 to the end of 2025.