Junction Boxes

The Whiptail Development Project is an offshore project located in the Stabroek Block, approximately 200 km off the coast of Guyana. The project involves the development of oil resources through up to 10 drill centers, 48 production and injection wells, subsea infrastructure and the new FPSO Jaguar. With an expected production capacity of approximately 250,000 barrels of oil per day, Whiptail aims to increase Guyana’s offshore oil production.

Located onshore Libya, the Abu Attifel and NC 125 fields are active in conventional oil production. Their peak production occurred in 1994, having already recovered 92.14% of their total recoverable reserves. Economic projections indicate that oil extraction will continue until these fields reach their economic limit by 2046. Presently, these fields contribute approximately 5% to Libya’s daily oil output.