North Safa is an active conventional oil field situated in shallow waters off the coast of Egypt. Specifically located in the Northeast Ramadan Concession block, the field operates at a water depth of 217 feet. Anticipated to reach peak production by 2026, North Safa’s oil extraction will persist until it reaches its economic limit in 2041, as per economic projections.

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.

The Mozambique LNG Development is a project on the Afungi Peninsula, in northern Mozambique. Developed by the Mozambique LNG joint venture, the project involves the development of offshore gas resources in Area 1 and the construction of an onshore facility for the treatment, liquefaction, storage and export of LNG. Its objective is to enhance the value of the major natural gas reserves in the Rovuma Basin, positioning Mozambique as a key LNG exporter while generating economic and employment benefits for the country.