Angolan independent oil and gas producer Azule Energy, an independent 50/50 joint venture between BP PLC and Eni SPA, has signed a multi-year partnership with Palantir Technologies Inc. to deploy software to optimize production upstream of Azule Energy.
Palantir’s Foundry digital solution will help Azule Energy manage its current 200,000 barrels per day (bpd) of oil production and support its growth goal of 250,000 bpd, according to a recent Palantir press release.
The solution will be deployed in Azule Energy’s upstream oil production business to support personnel such as petroleum engineers, process engineers and flow assurance engineers. Foundry will also assist in the “development of Azule Energy’s upstream ontology, connecting its data, including real-time sensor data, from wells, pipelines, compressors and other equipment that enable safe and productive workflows,” Palantir said in the statement.
“Palantir Foundry will serve as the digital foundation for Azule Energy’s upstream production business, helping them manage and grow their production safely and optimally,” said Palantir’s Global Head of Energy, Matt Babin.
Palantir said it has worked in the energy sector for more than a decade, helping clients “address challenges and capture opportunities across the value chain.” Palantir customers have leveraged the power of Foundry to deliver immediate results and added value across a wide range of use cases, with seamless interoperability between massive datasets and mission-critical models, the company said.
Meanwhile, Azule Energy has selected Aker Solutions to provide subsea umbilicals for the Ndungu project in Angola, part of the Azule Energy Agogo Integrated West Hub project in Block 15/06, according to a separate press release from Aker Solutions.
The “major” contract includes the delivery of eight umbilicals within the field, including spares, totaling more than 25 kilometers (15.5 miles) in length, Aker Solutions said. Aker Solutions defines a major contract as between USD 48 million (NOK 0.5 billion) and USD 140 million (NOK 1.5 billion).
Project execution, engineering and manufacturing will take place at Aker Solutions’ facilities in Fornebu and Moss, Norway. Aker Solutions aims to complete delivery by the fourth quarter of 2024, the company said in the statement.
“We are very pleased to have been awarded another major contract by Azule Energy in Angola,” said Aker Solutions Executive Vice President and Head of Subsea Business, Maria Peralta. “We look forward to continuing our strong relationship while maintaining our focus on safety and security. efficient operations.”
Azule Energy has also used TechnipFMC to service flexible pipes for its Ndungu project offshore Angola. The Ndungu project will join the 15/06 West Hub block. TechnipFMC was able to provide an optimized solution that allows Azule Energy to stay on schedule and achieve efficiencies, according to a TechnipFMC press release.
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