Eni S.p.A., through its joint venture Azule Energy (50% owned), has made a Final Investment Decision (FID) for the Greater PAJ Project in Angola’s Blocks 31 and 31/21. This marks a significant development as it is Angola’s first integrated cross-block project, enhancing resource management and production efficiency. Production is projected to reach 95,000 barrels of oil per day (Boe/d), with first oil expected in the first half of 2029.
The project will consolidate five offshore fields—Palas, Astraea, Juno, Urano, and Dione—into a single hub, including 17 wells and a new floating production, storage, and offloading (FPSO) vessel. The FPSO will also have a gas export capacity of 70 million standard cubic feet per day. The use of existing infrastructure is anticipated to lower costs and speed up production timelines.
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