Shell has approved Malikai Phase 3 offshore Malaysia. Four new wells are expected to lift production from 25,000 to around 40,000 barrels per day from the third quarter of 2028.
Saipem has secured a $1 billion contract from Azule Energy for transportation and installation work on the Greater PAJ development offshore Angola.
Construction started in Qingdao on the cylindrical FPSO for the Kaipingnan Oilfield Development Project, with capacity figures including more than 170,000 t full-load displacement and 122,000 cubic meters of storage.
Saipem has received authorization from ExxonMobil Guyana to execute the Hammerhead offshore project, marking its sixth major contract in the country’s Stabroek Block.
