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PROJECT PROFILE

Greater PAJ

Angola's first integrated cross-block deepwater development

In execution

Project Overview

Greater PAJ is Angola’s first integrated cross-block development, combining Palas, Astraea and Juno in Block 31 with Urano and Dione in Block 31/21. The approximately US$5.1 billion project plans ten production wells and seven injection wells, targets around 252 million barrels of recoverable resources, and aims for first oil in the first half of 2029.

Equity Structure

Block Azule Energy Sonangol E&P SSI Thirty-One Equinor
Block 31 26.67% (operator) 45% 15% 13.33%
Block 31/21 50% (operator) — — 50%

FPSO and Subsea Execution

Execution Area Principal Party Scope Verified Milestone
Development and operation Azule Energy Cross-block development organization, operatorship and project operation FID on 22 Jun 2026
Full FPSO EPCIC CIMC Raffles Front-end engineering, design, procurement, construction, tow-out, installation and commissioning Topside first steel cut in Jul 2026
Offshore transport and installation Saipem Rigid pipelines, flexible facilities, umbilicals and subsea structures Approximately US$1 billion over about 40 months
Subsea production system Baker Hughes Subsea production-system package Confirmed in the FID contractor list
Umbilicals OneSubsea Project umbilical package Confirmed in the FID contractor list
Flexible risers and flowlines TechnipFMC Supply of flexible risers and flowlines Awarded on 22 Jun 2026
Rigid pipe Vallourec Project rigid-pipe package Confirmed in the FID contractor list

Key Milestones

  1. Final investment decision

    The five-field cross-block development moved into full execution.

  2. Topside construction begins

    First steel was cut for the FPSO process modules.

  3. Target first oil

    The project is progressing toward the current official target.

Principal Sources

Azule Energy FID announcement; ANPG project announcement; CIMC Raffles EPCIC announcement; Saipem offshore award; Eni project-capacity announcement.

Participants and roles

Key participants and their project roles.

  • Angola

    Azule Energy

    An Angola-focused integrated energy company owned 50:50 by bp and Eni.

    Operator

    Operator with a 26.67% interest in Block 31 and a 50% interest in Block 31/21.

    Scope
    Ownership and governance