Investor Presentaiton
UPSTREAM KEY START-UPS IN THE PLAN
COUNTRY
PROJECT
OPERATOR
W.I.
PRODUCTS FID
START UP
PRODUCTION
(KBOED)A
ANGOLA
Agogo West Hub Integrated
N
18%
Liquids
2022
2023 Early Prod
2026 (FPSO)
180 (100%)
(Azule Energy)
NGC Quiluma & Mabuqueiro
N
19%
Gas
2021
2026
100 (100%)
CONGO
Congo LNG
Y
65%
Gas/Liquids
2022
2023 Nearshore ph.
2025 Offshore ph.
120 (100%)
2026
EGYPT
Melehia ph.2
ITALY
76%
85% Merakes East
Southern Hub
Y
Gas
70% Maha
INDONESIA
81% North Ganal
Northern Hub - Geng
Y
Gas
2024
82% Ganal&Rapak
Cassiopea
Y
60%
Baleine ph.2
CÔTE D'IVOIRE
Baleine ph.3
Y
83%
Y
Liquids/Gas
2022
20 (100%, Oil&Gas)
(Gas Plant)
2023 M.E.
2025
50 (100%)
2024 Maha
2027
240 (100%)
Gas
2018
2024
30 (100%)
Y
83%
Liquids/Gas
2022
2024
40 (100%)
Liquids/Gas
2024
2027
85 (100%)
2026
A&E Structure
Y
50%
Gas
2023
160 (100%)
(Struct. A)
LIBYA
Bouri GUP
Y
100%
Gas
2023
2026
20 (100%)
Balder X
N
58%
Liquids
2019
2024
~70 (100%)b
NORWAY
(Vår Energi)
Johan Castberg
N
19%
Liquids
2017
2024
~190 (100%)
QATAR
North Field Expansion (NFE)
N
3%
Gas
2021d
2026
1350 (100%)
UAE
Dalma Gas
N
10%
Gas
2019
2025
60 (100%)
34
a Average yearly production in peak year/at plateau
b Source: Vår Energi Q1 2022 results (total Balder field production)
Source: IPO prospect
Operatorship legend: Y (yes), N (no)
dAcquisition on December 2022View entire presentation