Agogo FPSO Marks First Year Offshore Angola with Zero LTIs
Agogo achieved first oil on 29 July 2025. One year later, Yinson Production says the FPSO has completed 12 months without a lost-time injury and maintained high production uptime.
Yinson Production said the Agogo FPSO marked its first anniversary onstream on 29 July with one full year free of lost-time injuries. The company also reported high production uptime during the first operating year, although it did not disclose a percentage.
The 15-Year Firm Lease and Operate Term Is Underway
Agogo achieved first oil on 29 July 2025, about four months ahead of schedule and roughly 29 months after contract award. On 12 August 2025, the project received its Provisional Operational Readiness Certificate and entered a 15-year firm lease and operate period, with extension options of up to five years. The contract is valued at more than $5 billion.
The FPSO serves the Agogo Integrated West Hub in Angola’s Block 15/06 at a water depth of about 1,650 metres. It can produce 120,000 barrels of oil per day and store 1.6 million barrels. The Agogo and Ndungu fields have combined estimated recoverable reserves of about 450 million barrels and are being developed through the Agogo and Ngoma FPSOs, with expected peak production of 175,000 barrels per day.
Azule Energy operates the project with a 36.84% interest. Sonangol E&P holds 36.84% and Sinopec International 26.32%.
Converted from a VLCC, Agogo is 333 metres long and 60 metres wide. It uses an all-electric drive, combined-cycle power generation and closed flare, and includes a pilot-scale post-combustion carbon-capture unit.
Conversion and Integration Were Completed at Two Chinese Yards
Agogo entered CR DADONG in 2023 for hull and piping modifications, cable installation, specialist coating work, and fabrication and lifting of selected modules. CR DADONG built and installed the 150-person living quarters, the E-House power module and a 125-metre flare tower. Work there concluded in July 2024.
The FPSO then moved to COSCO Shipping Heavy Industry in Shanghai for the second conversion phase. The yard lifted 10 topsides modules weighing more than 15,000 tonnes in total, installed over one million metres of cable and completed integration and commissioning. COSCO Shipping said this phase finished one month ahead of schedule.
Agogo was named at the Shanghai yard on 20 February 2025. It departed on 3 March after system integration, mechanical completion and quayside commissioning, sailed to Angola and achieved first oil on 29 July.
Detailed First-Year Operating Data Have Not Been Disclosed
Yinson’s anniversary update confirms zero LTIs and high production uptime. It does not disclose the actual uptime rate, unplanned shutdown time or detailed equipment-performance data.