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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.

West Qurna 1, discovered in 1973, is a large onshore oil field located in southern Iraq, approximately 50 km northwest of Basra. Operated by PetroChina, the field is considered one of the world’s largest Oil & Gas assets, with estimated recoverable reserves of more than 20 billion barrels. The project involves the development and production of crude oil through wells, treatment facilities and gathering infrastructure, with the objective of sustaining and increasing Iraq’s oil production while enhancing the value of the country’s energy resources.