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Oil&Gas

Whiptail Development Project — Stabroek Block, Guyana

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.
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Bioenergy

H2GS — Sweden — 2.1 MTPY HDRI and BRI Plant

H2 Green Steel was launched in 2021 in Boden, northern Sweden, is designed to produce 2.1 million tonnes per year of hot direct reduced iron (HDRI) and hot briquetted iron (HBI) using fossil-free hydrogen-based direct reduction technology. The project aims to decarbonize steel production by replacing fossil fuels with renewable hydrogen during the iron reduction process. Integrated with an electric arc furnace (EAF), the plant is expected to reduce CO₂ emissions from ironmaking by up to 95% compared with conventional blast furnace technology, supporting the production of near-zero-emission steel. The start of production is planned in 2026.
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Oil&Gas

Algeria JV Gas Project

In production since 2004, In Salah Gas is a joint venture between Sonatrach, BP and Statoil (now Equinor). It is Algeria’s largest dry natural gas joint venture and one of the country’s key gas export projects supplying Southern Europe. The project has a production capacity of approximately 9 billion cubic metres of dry natural gas per year from seven gas fields located in the central Algerian Sahara.
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