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San Donato Milanese (Milan), 22 June 2026 – Eni, through Azule Energy, announces the Final Investment Decision (FID) for the Greater PAJ Project, a major offshore oil development located in Blocks 31 and 31/21 offshore Angola. The project is operated by Azule Energy, the company equally owned by Eni and bp, and participated by Sonangol E&P and Equinor.
Greater PAJ is Angola’s first integrated cross-block development, representing a coordinated approach to developing hydrocarbon resources across two adjacent concessions. The project reinforces Angola’s strategy to promote efficient resource management, optimize infrastructure and sustain oil production. With first oil expected in less than 3 years, in the first half of 2029, the project brings together five offshore fields across the two blocks - 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 barrels of oil per day and a gas export capacity of 70 million standard cubic feet of gas per day, which will be delivered to Angola LNG (ALNG) plant via a new gas export line that will be tied-in to the existing Block 31 gas export network.
Eni has been present in Angola since 1980, with a current equity production of around 115,000 barrels of oil per day. The company operates in the country through Azule Energy, a company equally owned by Eni and bp and focused on upstream activities, while Eni Natural Energies is active with a portfolio of decarbonization projects.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
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Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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