Búzios V (Búzios-5) Subsea Development Project is the fifth development phase of the Búzios pre-salt oil field, located in the Santos Basin offshore Rio de Janeiro, Brazil. Operated by Petrobras, the project involves the development of a subsea production system connecting 15 wells to the FPSO (Floating Production, Storage and Offloading) Almirante Barroso.

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.