en.Wedoany.com Reported - Azule Energy has approved the final investment decision for the Greater PAJ project, Angola's first cross-block integrated development spanning Blocks 31 and 31/21. The development brings together five offshore oil fields: Palas, Astraea, and Juno in Block 31, as well as Urano and Dione in Block 31/21.

The project plans to deploy 17 wells connected to a new floating production, storage, and offloading (FPSO) vessel with a nameplate capacity of 95,000 barrels of oil per day. The facility will handle oil production and support natural gas exports. The gas export capacity is set at 70 million standard cubic feet per day. Exported gas will be transported via a new gas export pipeline to the Angola LNG plant, which will connect to the existing Block 31 gas export network.

Operator Azule Energy is jointly owned by Eni and bp, each holding a 50% stake; Sonangol E&P and Equinor are participating in the project. First oil is expected in the first half of 2029, within three years of the final investment decision.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com