Azule Energy makes FID on for Greater PAJ Project
Key Highlights
- Azule Energy made an FID for the Greater PAJ Project offshore Angola.
- The project brings together offshore fields across Block 31 and Block 31/21.
- First oil is expected in first half 2029.
Azule Energy has taken final investment decision (FID) for the Greater PAJ Project in Blocks 31 and 31/21 offshore Angola.
Greater PAJ is Angola’s first integrated cross-block development, representing a coordinated approach to developing hydrocarbon resources across two adjacent concessions. The project brings together five offshore fields across Palas, Astraea, and Juno in Block 31 and Urano and Dione in Block 31/21.
The overall development concept consists of 17 wells connected to a new floating, production, storage, and offloading vessel (FPSO) with a nameplate capacity of 95,000 bo/d and a gas export capacity of 70 MMscfd which will be delivered to the Angola LNG (ALNG) plant via a new gas export line which will be tied-in to the existing Block 31 gas export network.
First oil is expected first-half 2029.
Azule Energy is equally owned by Eni SPA and bp PLC and is operator of the Greater PAJ Project with partners Sonangol EP and Equinor ASA.