Offshore/subsea systems

Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.
Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.

Page 5 of 36