World Projects

1: POLAND - Equinor MFW Baltyk II and MFW Baltyk III Offshore Wind Farms, $4.6 Billion

Siemens Gamesa has been chosen as the preferred supplier for the MFW Baltyk II and MFW Baltyk III projects. The manufacturer will supply its SG 14-236 DD model, which has 14MW nominal power and can reach up to 15MW capacity with Power Boost. The agreement represents the first offshore wind preferred supplier agreements announced in Poland.

2: BRAZIL - Enauta Energia Atlanta Heavy Oil Field, $1.2 Billion

OneSubsea has been awarded a contract to supply the subsea system which will include the subsea pumps and subsea trees. During February the operator made a final investment decision on the field development which will require a total investment of $1.2 billion.

3: MALAYSIA - Petronas Kerteh Low Carbon Hydrogen Facility, $850 Million

Petronas and ENEOS Corporation have partnered to deliver a feasibility study for the production of low carbon hydrogen from Petronas' existing facilities with a capacity of 50,000 tonnes per annum. The hydrogen will be converted to methylcyclohexane (MCH) for export by 2027 to Japan to be distributed through ENEOS' refineries. A final investment decision is expected by the end of 2023.

4: AUSTRALIA - ExxonMobil Longford Carbon Processing Plant, $150 Million

ExxonMobil has announced plans to capture and reuse carbon dioxide from its operations in Australia’s offshore Gippsland basin.

The company has announced that Air Liquide has started construction works of a processing facility to capture and recycle CO2 from ExxonMobil’s Longford gas conditioning plant.

5: COLUMBIA - Copenhagen Infrastructure Partners Barranquilla Offshore Wind Farm, $1 Billion

Copenhagen Infrastructure Partners and the city of Barranquilla have signed a memorandum of understanding (MoU) for the development of a 350MW offshore wind farm.

The development could attract investment of up to $1 billion.

6: NORWAY - AkerBP Krafla Oil Field (Noaka Development), $500 Million

Subsea 7 has been awarded the FEED study for the marine installation work. Work which is set to begin immediately will see project management and engineering taking place at Subsea 7 offices in Stavanger and Aberdeen. Once the project reaches FID, Subsea 7 are expected to be announced the EPCI contractor with offshore installation activities to take place in 2024, 2025 and 2026.

7: SAUDI ARABIA - Saudi Aramco Shadun Field, $500 Million

Saudi Aramco has announced five discoveries located in four different regions. The Shadun-1 well has a flow of gas at a rate of 27 MMcf/d with 3,300 barrels of condensate. The Shehab-1 well gas a flow of gas at a rate of 31 MMcf/d. the Shorfa-2 well has a flow of gas at a rate of 16.9 MMcf/d with 50 barrels of condensate. The Umm Khansar-1 well has a rate of 2 MMcf/d with 295 barrels of condensate while the Samna-2 well has a rate of 5.8 MMcf/d with 24 barrels of condensate.

8: PAPUA NEW GUINEA - Arran Energy Stanley Gas Field, $300 Million

Arran Energy has selected Azota Gas Processing as the EPC contractor for the upstream production facility which will have a throughput capacity of 90 MMcf/d of gas and 2,800 boe/d of condensate.

The contract will be formally awarded once the final investment decision is reached which is expected before the end of Q1 2022.

9: INDONESIA - MedcoEnergi Paus Biru Gas Field, $100 Million

Partner in the development, Cue Energy, announced that the final investment decision is expected to be reached in July/August once commercial discussions are finalised. A development concept of a single well with a minimum facilities wellhead platform and 27-km pipeline tie-in to the Oyong facilities is being proposed.

10: USA - Ocean Winds Humboldt Floating Offshore Wind Farm, $750 Million

The California Energy Commission (CEC) has given approval for a US$10.5 million grant aimed at renovation work at the Port of Humboldt Bay. Planned to be redeveloped as the Humboldt Bay Offshore Wind Heavy Lift Marine Terminal, the facility will support future wind developments offshore California. The wind farm has a proposed capacity of 150MW and will comprise of 15 turbines.