← Radar Projects to watch · worldwide

Eleven projects to watch.

Large projects being built in 2026–2029, with real demand for technical professionals, spread across regions and kinds. A selection — not a ranking. Follow any of them in your Radar.

Subsea & pipelines

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Discipline our inference from each project's scope

AllProcess & technologyPiping & mechanicalStructural & fabricationE&I, controls & HVSubsea & pipelinesMarine & installationCommissioning & start-upConstruction supervision & QA/QCProject controls & managementHSE

One region and one discipline at a time. Clear

Showing 11 of 29 · Subsea & pipelines, worldwide. Show all

How we check

Every project is checked by hand against at least two public sources — company newsrooms, regulators, trade press. No commercial databases.

Each card shows its sources and the date we checked them (every project in this set: on or after 2026-10-08). We re-check every month; a project that finishes or is cancelled leaves the tour.

Companies appear as sourced project facts only. Reported risks are shown as reported. The discipline lists are our own inference and say so. The small dots are other projects from public datasets — context, not checked by us.

  1. 01 / 11Deepwater FPSO

    Kaskida FPU (bp)

    USA, Gulf of Mexico

    bp's first 20k-psi development: a greenfield hub with FPU fabrication, subsea manufacturing and installation scheduled 2025–2029.

    Size80,000 b/d FPU; six wells at 20,000 psi; first oil 2029

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: FPU under construction at Seatrium …

    Who builds it

    • bp operator
    • Seatrium
    • TechnipFMC
    • SBM Offshore
    • more under “More”

    Reported risk bp is reportedly selling minority stakes in Kaskida and Tiber…

    6 sources checked on 2026-10-08

    Follow this project
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    Why we watch it

    bp's first 20k-psi development: a greenfield hub with FPU fabrication, subsea manufacturing and installation scheduled 2025–2029 — the design is to be repeated on Tiber.

    Phase in full, as reported

    FPU under construction at Seatrium (steel strike 3Q2025; 25-50% complete at end-June 2026, yard delivery scheduled 2027) and subsea manufacturing in progress towards first oil 2029

    Reported risk in full, as reported

    bp is reportedly selling minority stakes in Kaskida and Tiber. It would keep operatorship (Reuters, via Offshore Magazine, June 2026); no sale announced yet.

    Who builds it as stated by the sources

    Operator / developerbp (100% working interest)

    • bpoperator and sole owner; bp's sixth production hub in the Gulf
    • SeatriumEPC and onshore commissioning of the floating production unit — four-column semisubmersible hull with single topside module, integrated with Goliath twin cranes (Dec 2024)
    • TechnipFMCintegrated EPCI for subsea production systems incl. 20,000-psi standardized trees and manifolds, plus umbilicals, risers and flowlines; 'substantial' award (US$250–500 m), Oct 2024
    • SBM Offshorewet tow and installation of the semi-submersible FPU (Apr 2025)
    • SLB OneSubseasubsea boosting (per OE Digital)
    • Exmar Offshore / Audubon EngineeringFPU hull and topsides design engineering (per OE Digital)

    Key dates as stated by the sources

    FID
    July 2024
    Technipfmc award
    2024-10
    Seatrium EPC award
    2024-12
    Sbm installation award
    2025-04
    First oil target
    2029
    Fpu steel strike
    3Q2025
    Fpu yard delivery
    2027 (Seatrium order book)

    Disciplines likely needed our inference

    • HPHT subsea engineers
    • FPU topsides/hull engineers
    • riser and flowline engineers
    • commissioning engineers
    • marine installation and HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Seatrium to perform EPC work for bp's Kaskida FPUOffshore Magazine · 2024-12-26
    2. BP Hires SBM Offshore to Install Kaskida FPU in Gulf of AmericaOE Digital · 2025-04-30
    3. TechnipFMC Scoops Kaskida Subsea WorkJPT (SPE) · 2024-10-09
    4. Seatrium 1H2026 Results presentation (order book project table)Seatrium Limited (SGX filing) · 2026-07-31
    5. Seatrium Continues Strong Momentum into 3Q2025 (business update)Seatrium Limited (investor newsroom PDF) · 2025-11-13
    6. bp reportedly initiates sale of minority interests in Kaskida, Tiber projectsOffshore Magazine · 2026-06-16

    Position on the globe: 26.90°N 92.90°W. Location approximate: Keathley Canyon Block 292, ~250 miles (400 km) south-west of New Orleans; water depth ~6,000 ft (1,830 m).

    This project on its own page - facts, sources and a summary to share.

  2. 02 / 11Deepwater FPSO

    GranMorgu (Block 58) FPSO development

    Suriname

    Suriname's first large offshore oil development (US$12.2 bn).

    Size220,000 b/d FPSO; ~190 km subsea lines; first oil mid-2028

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: FPSO construction …

    Who builds it

    • TotalEnergies EP Suriname operator
    • SBM Offshore
    • Technip Energies
    • TechnipFMC
    • more under “More”

    Reported risk No schedule slippage reported…

    8 sources checked on 2026-10-08

    Follow this project
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    Why we watch it

    Suriname's first large offshore oil development (US$12.2 bn): FPSO construction, ~190 km of subsea lines and an installation campaign running out of Paramaribo through 2027–2028.

    Phase in full, as reported

    FPSO construction (SBM: >50%-<75% complete at H1 2026; Fast4Ward hull launched out of second dry dock, topsides fabrication continuing) and subsea installation campaign started June 2026

    Reported risk in full, as reported

    No schedule slippage reported. Staatsolie's 20% stake (est. US$2.4 bn) is funded through a US$1.6 bn bank loan from 18 lenders (signed 14 May 2025) plus own cash, cash flow and March 2025 bond proceeds; about half of the ~US$12 bn capex had been spent by September 2026.

    Who builds it as stated by the sources

    Operator / developerTotalEnergies EP Suriname

    • TotalEnergiesoperator; partners APA Corporation and Staatsolie (40/40/20 per Ocean Energy Resources, June 2026)
    • SBM Offshoreconstruction and installation of the FPSO in partnership with Technip Energies, plus operations and maintenance after deployment (Nov 2024)
    • Technip EnergiesFPSO EPC partner of SBM Offshore (per SBM Offshore release)
    • TechnipFMCintegrated EPCI (iEPCI) for subsea systems — Subsea 2.0 trees, manifolds, connectors, topside controls, umbilicals, flexible jumpers and flexible risers
    • SaipemEPCI of the SURF package (~US$1.9 bn): ~100 km production flowlines, ~90 km injection lines, T&I of flexible risers, umbilicals and structures; offshore operations started June 2026 from Paramaribo with MCV Normand Navigator

    Key dates as stated by the sources

    FID
    2024-10-01
    Main contract awards
    2024-11-14
    Saipem offshore operations start
    2026-06-24
    First oil target
    mid-2028

    Disciplines likely needed our inference

    • FPSO topsides and hull engineers
    • SURF/pipeline installation engineers
    • subsea controls and commissioning
    • marine base logistics and HSE
    • FPSO operations and maintenance staff

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. SBM Offshore awarded contracts for the GranMorgu field developmentSBM Offshore (company newsroom) · 2024-11-14
    2. TotalEnergies awards FPSO, subsea contracts for GranMorgu project offshore SurinameOffshore Magazine · 2024-11-14
    3. Saipem starts operations GranMorgu project in SurinameOcean Energy Resources · 2026-06-24
    4. SBM Offshore's Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shapeOffshore Energy · 2025-05-12
    5. SBM Offshore Half Year 2026 EarningsSBM Offshore (company newsroom / half-year report PDF) · 2026-08-06
    6. TotalEnergies' offshore project in Suriname on track for first output in mid-2028Pipeline & Gas Journal · 2026-09-20
    7. Staatsolie and the GranMorgu Project backed by broad (inter)national confidenceStaatsolie (company newsroom) · 2025-05-14
    8. Suriname offshore oil and gas momentum builds as GranMorgu advancesWorld Oil · 2026-08-13

    Position on the globe: 7.30°N 55.60°W. Location approximate: Block 58, ~150 km offshore Suriname; FPSO in ~400 m water depth, subsea scope in 100–1,100 m.

    This project on its own page - facts, sources and a summary to share.

  3. 03 / 11Deepwater FPSO

    FPSO Gato do Mato (Shell) — Orca development

    Brazil

    A Shell pre-salt FPSO in hull integration and topsides fabrication across Japanese and Chinese yards.

    Size120,000 b/d FPSO; first oil 2029

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: hull construction/integration …

    Who builds it

    • Shell Brasil operator
    • MODEC
    • SOFEC
    • Sumitomo Heavy Industries Marine & Engineering
    • more under “More”

    5 sources checked on 2026-10-08

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    Why we watch it

    A Shell pre-salt FPSO in hull integration and topsides fabrication across Japanese and Chinese yards; delivery, installation and start-up targeted for 2029, then a 20-year MODEC O&M contract.

    Phase in full, as reported

    hull construction/integration (forward hull left Japan for China July 2026), topsides fabrication

    Who builds it as stated by the sources

    Operator / developerShell Brasil

    • Shell Brasiloperator (50%) and FPSO owner; partners Ecopetrol (30%) and KUFPEC (20%, acquired from Shell in Feb 2026, completion expected by end-2026 subject to approvals); PPSA manages the production sharing contract
    • MODECFPSO purchase and sales agreement (design of hull and all topsides facilities) plus 20-year operations and maintenance contract (March 2025); multi-yard build with Sumitomo Heavy Industries (Yokosuka, forward hull) and COSCO Qidong (aft hull, integration)
    • SOFEC (MODEC group)spread mooring system
    • Sumitomo Heavy Industries Marine & Engineeringforward hull block construction, Yokosuka (steel cut June 2025; block sailed to China July 2026)
    • COSCO Qidong Shipyardaft hull block (steel strike Oct 2025) and hull integration

    Key dates as stated by the sources

    FID
    March 2025
    Modec contracts
    2025-03-25
    Forward hull steel cut
    June 2025
    Aft hull steel strike
    October 2025
    Forward hull sailaway to china
    July 2026
    First oil target
    2029

    Disciplines likely needed our inference

    • FPSO hull and topsides engineers
    • yard construction supervision and QA/QC
    • mooring and marine engineers
    • commissioning and start-up engineers
    • FPSO operations and maintenance staff

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. MODEC Inks Purchase And Sales Agreement and Secures Operations and Maintenance Contract for Shell's Gato do Mato FPSO ProjectMODEC (company newsroom) · 2025-03-25
    2. MODEC: Pieces of Shell's Brazil-bound FPSO puzzle continue to slide into placeOffshore Energy · 2025-10-06
    3. MODEC Advances Construction of Brazil-Bound Gato do Mato FPSOBrazil Energy Insight · 2026-07-02
    4. Shell divests partial interest in Orca project offshore BrazilOffshore Magazine · 2026-02-04
    5. Forward Section of MODEC's Next Generation Hull for FPSO Gato do Mato Departs for Integration at China YardMODEC (company newsroom) · 2026-07-02

    Position on the globe: 24.80°S 43.20°W. Location approximate: Santos Basin pre-salt, ~200 km south of Rio de Janeiro, water depth ~2,000 m.

    This project on its own page - facts, sources and a summary to share.

  4. 04 / 11Deepwater FPSO

    Yggdrasil (Aker BP)

    Norway

    A three-platform development now estimated at NOK 195 bn (nominal, Oct 2026): the last topsides go offshore in late 2026.

    Size~700 million boe; 57 wells on three platforms; 250 km power cable from shore

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: offshore installation and hook-up …

    Who builds it

    • Aker BP operator
    • Aker Solutions
    • Subsea 7
    • Allseas
    • more under “More”

    Reported risk Cost growth…

    7 sources checked on 2026-10-08

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    Why we watch it

    A three-platform development now estimated at NOK 195 bn (nominal, Oct 2026): the last topsides go offshore in late 2026, with hook-up, commissioning and subsea installation running into 2027.

    Phase in full, as reported

    offshore installation and hook-up (Hugin B topside installed early July 2026; Munin topside loaded out at Aibel Haugesund, ready for sail-away Aug 2026; Hugin A topside sail-away scheduled December 2026; power from shore commissioned June 2026)

    Reported risk in full, as reported

    Cost growth: Norway's 2027 state budget (7 Oct 2026) puts Yggdrasil at NOK 195 bn nominal, up 9.8% in a year and from NOK 120.8 bn at PDO; Aker BP raised investment guidance in July 2026 to hold the 2027 start-up.

    Who builds it as stated by the sources

    Operator / developerAker BP

    • Aker BPoperator (Hugin licence 76.72%); partners Equinor and Orlen Upstream Norway
    • Aker SolutionsEPC and offshore hook-up for the Hugin A production platform and jacket and the Hugin B unmanned wellhead platform and jacket (contract ~NOK 22 bn, Dec 2022); plus subsea production systems (~NOK 7 bn)
    • Subsea 7SURF package (per Offshore Technology project profile)
    • Allseastopsides installation (per Offshore Technology project profile)
    • NKTsubsea power cables (per Offshore Technology project profile)
    • AibelEPC of the Munin unmanned production platform topsides (Haugesund)

    Key dates as stated by the sources

    FID
    December 2022
    Pdo approval
    June 2023
    Hugin a first steel cut
    September 2023
    Hugin b topside sailaway
    2026-07-06
    Subsea final deliveries
    2028 (per Aker Solutions 2022 release)
    Startup target
    2027 (Aker BP aims for summer 2027)
    Hugin a topside sailaway
    December 2026 (scheduled)

    Disciplines likely needed our inference

    • offshore hook-up and commissioning engineers
    • subsea/SURF installation engineers
    • E&I and control systems engineers
    • structural/marine operations engineers
    • HSE and completion management

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Aker BP sends Hugin B topside to Yggdrasil in the Norwegian North SeaPortNews · 2026-07-06
    2. Aker Solutions Secures Multiple Contracts with Aker BP – Record High Order IntakeAker Solutions (company newsroom) · 2022-12-16
    3. Yggdrasil Field Development, North Sea, NorwayOffshore Technology
    4. Aker BP increases project cost estimates to protect 2027 startupsOil & Gas Journal · 2026-07-15
    5. Aker BP narrows 2026 production guidance as major Norway projects advanceWorld Oil · 2026-07-15
    6. Mammoet completes critical topsides operations for Aker BP's Yggdrasil projectWorld Oil · 2026-08-13
    7. Costs of Aker BP's flagship offshore projects continue to rise (Reuters)Baird Maritime · 2026-10-07

    Position on the globe: 59.90°N 2.20°E. Location approximate: Central North Sea, Norwegian shelf, ~160 km west of Kollsnes near Bergen; water depth 110–120 m.

    This project on its own page - facts, sources and a summary to share.

  5. 05 / 11CCS

    Northern Lights CO2 transport & storage — Phase 2

    Norway

    The reference project for CCS-as-infrastructure in Europe.

    SizeRaises transport & storage capacity from 1.5 to more than 5 million tonnes CO2/year

    1. FID
    2. Engineering (named in the reported phase)
    3. Fabrication (named in the reported phase)
    4. Construction
    5. Installation
    6. Commissioning

    Phase, as reported: engineering / fabrication …

    Who builds it

    • Northern Lights JV operator
    • Subsea7
    • Aker Solutions
    • SLB OneSubsea

    4 sources checked on 2026-10-08

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    Why we watch it

    The reference project for CCS-as-infrastructure in Europe — offshore pipeline, injection wells and receiving-terminal expansion all running in parallel, a template for the CO2 value chains (incl. Porthos in Rotterdam) that Dutch engineering firms are also chasing.

    Phase in full, as reported

    engineering / fabrication (detailed engineering in full swing, fabrication underway at several yards per March 2026 reporting)

    Who builds it as stated by the sources

    Operator / developerNorthern Lights JV — Equinor, Shell and TotalEnergies (each 33.3%)

    • Equinor / Shell / TotalEnergies (Northern Lights JV)developer, FID holder
    • Subsea7technical service provider — EPCI of a ~5 km CO2 pipeline plus satellite structures, umbilicals, tie-ins, offshore ops 2026-2027
    • Aker SolutionsEPC contracts for Phase 2 (scope not itemised in sources checked)
    • SLB OneSubseaEPC contract for the CO2 subsea injection system

    Key dates as stated by the sources

    FID
    March 2025
    Startup target
    From 2028

    Disciplines likely needed our inference

    • pipeline/subsea engineering
    • process engineering (terminal)
    • offshore installation supervision
    • commissioning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Northern Lights Phase 2: Expanding Europe's CO2 Storage CapacityNorthern Lights (project operator) · 2025-2026
    2. Northern Lights: a CO2 transport and storage project to reduce industrial emissions in EuropeTotalEnergies · 2026
    3. Subsea7 starts engineering for Northern Lights Phase 2 CO2 pipelineOffshore Magazine · 2026
    4. Investing NOK 7.5 billion in expansion of the groundbreaking Northern Lights CCS-projectEquinor (company newsroom) · 2025-03-27

    Position on the globe: 60.61°N 4.87°E. Location approximate: Øygarden receiving/injection terminal near Bergen, Norway.

    This project on its own page - facts, sources and a summary to share.

  6. 06 / 11Subsea tie-back

    Bonga North deepwater tieback

    Nigeria

    A ~US$5 bn subsea tieback.

    Size16 wells; up to 110,000 b/d through the Bonga FPSO

    1. FID
    2. Engineering (named in the reported phase)
    3. Fabrication (named in the reported phase)
    4. Construction (named in the reported phase)
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: execution — engineering, fabrication and installation of subsea infrastructure; FPSO modifications

    Who builds it

    • Shell Nigeria Exploration and Production Company operator
    • Saipem
    • TechnipFMC

    Reported risk First oil is reported around 2030; project cost cited by trade press at ~US$5 bn

    5 sources checked on 2026-10-08

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    Why we watch it

    A ~US$5 bn subsea tieback — 16 wells, new risers, flowlines and umbilicals, FPSO modifications — in execution from 2025 towards first oil around 2030.

    Who builds it as stated by the sources

    Operator / developerShell Nigeria Exploration and Production Company (SNEPCo)

    • Shell (SNEPCo)operator 65% of OML 118; partners Esso E&P Nigeria 20% and Nigerian Agip Exploration 15% (after TotalEnergies' exit, completed November 2025)
    • Saipemleader of consortium (with KOA Oil & Gas and AVEON Offshore) for EPCI of risers, flowlines, subsea umbilicals and associated subsea structures; ~US$1 bn total, Saipem share ~US$900 m (Dec 2024)
    • TechnipFMCSubsea 2.0 production systems — design and manufacture of subsea trees, manifolds, jumpers, controls and services; 'substantial' award (US$250–500 m), Dec 2024

    Key dates as stated by the sources

    FID
    December 2024
    Epci awards
    December 2024
    First oil target
    by end of the decade (2030 per NS Energy)

    Disciplines likely needed our inference

    • subsea/SURF engineers
    • pipeline and riser installation engineers
    • FPSO brownfield modification engineers
    • subsea controls/commissioning
    • project controls and QA/QC

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Saipem leading Bonga North subsea construction offshore NigeriaOffshore Magazine · 2024-12-19
    2. Saipem Scoops $900M for Work with Shell Off NigeriaOE Digital · 2024-12-19
    3. Bonga North Deepwater Project, NigeriaNS Energy · 2025-01-17
    4. TotalEnergies completes divestment of 12.5% Bonga field stake in Nigeria for $510 millionWorld Oil · 2025-11-25
    5. Shell ups equity in Nigeria's Bonga field as TotalEnergies divestsThe Energy Year · 2025-11-27

    Position on the globe: 4.60°N 4.70°E. Location approximate: OML 118, ~120–130 km offshore Nigeria, water depth >1,000 m; tieback to the existing Bonga FPSO.

    This project on its own page - facts, sources and a summary to share.

  7. 07 / 11Deepwater FPSO

    Kaminho FPSO (Cameia & Golfinho)

    Angola

    TotalEnergies' seventh Angolan FPSO and the first large deepwater development in the Kwanza basin.

    Size70,000 b/d FPSO; ~30 km subsea lines; first oil 2028

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction
    5. Installation
    6. Commissioning

    Phase, as reported: FPSO conversion and subsea fabrication …

    Who builds it

    • TotalEnergies operator
    • Saipem

    4 sources checked on 2026-10-08

    Follow this project
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    Why we watch it

    TotalEnergies' seventh Angolan FPSO and the first large deepwater development in the Kwanza basin; TotalEnergies expects over 10 million man-hours of work in Angola.

    Phase in full, as reported

    FPSO conversion and subsea fabrication (execution since FID May 2024)

    Who builds it as stated by the sources

    Operator / developerTotalEnergies

    • TotalEnergiesoperator 40%; partners Petronas 40%, Sonangol 20%
    • Saipemthree contracts totalling US$3.7 bn (May 2024): EPC, transportation and commissioning of the Kaminho FPSO (VLCC conversion); 12-year FPSO operation and maintenance (+8-year option); EPCI of the SURF package (~30 km of 8" and 10" flowlines and risers), fabrication at Saipem's Ambriz yard, FDS J-lay vessel for offshore campaign

    Key dates as stated by the sources

    FID
    2024-05-21
    Saipem awards
    2024-05-21
    First oil target
    2028

    Disciplines likely needed our inference

    • FPSO conversion/topsides engineers
    • SURF and riser engineers
    • commissioning and start-up engineers
    • electrical engineers (all-electric FPSO)
    • yard construction supervision

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Angola: TotalEnergies launches the Kaminho deepwater projectTotalEnergies (company newsroom) · 2024-05-21
    2. TotalEnergies launches Kaminho oil project offshore Angola, Saipem to supply, operate FPSOOffshore Magazine · 2024-05-21
    3. Saipem secures $3.7 billion contracts for TotalEnergies' Kaminho project offshore AngolaWorld Oil · 2024-05-21
    4. TotalEnergies plans $10 billion Angola investment with partners over five years, CEO says (Reuters)CNBC Africa · 2026-09-10

    Position on the globe: 9.60°S 12.40°E. Location approximate: Block 20/11, Kwanza Basin, ~100 km off the Angolan coast, 1,700 m water depth.

    This project on its own page - facts, sources and a summary to share.

  8. 08 / 11Oil & gas, onshore

    Gas Growth Integrated Project (GGIP), Ratawi

    Iraq

    Three plants built at once in southern Iraq.

    Size5 million b/d treated seawater; oil to 210,000 b/d; 300 MMcf/d gas; 1 GW solar

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • TotalEnergies operator
    • Hyundai E&C
    • ENKA
    • China Petroleum Pipeline Engineering

    Reported risk Ratawi phase 1 has slipped repeatedly…

    9 sources checked on 2026-10-08

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    Why we watch it

    Three plants built at once in southern Iraq: a US$3 bn seawater treatment plant (Hyundai E&C EPC), an oilfield redevelopment to 210,000 b/d and a 300 MMcf/d gas plant. TotalEnergies reports ~7,000 workers at peak.

    Phase in full, as reported

    construction (all four GGIP components in execution since September 2025; CSSP and Ratawi full-field construction launched 14 September 2025; GMP and solar under construction since early 2025)

    Reported risk in full, as reported

    Ratawi phase 1 has slipped repeatedly: TotalEnergies cited Middle East conflict and Strait of Hormuz disruption to equipment shipments, and MEED reports Iraqi customs clearance of critical equipment as the main delay as of September 2026. Security and logistics conditions in southern Iraq remain a risk.

    Who builds it as stated by the sources

    Operator / developerTotalEnergies (45%, operator) with Basra Oil Company (30%) and QatarEnergy (25%)

    • Hyundai E&CEPC contractor (engineering, procurement, supply, construction and commissioning) for the Common Seawater Supply Project treatment plant, contract signed 14 September 2025; reported value ~KRW 4 trillion / US$2.9–3.16 billion, ~4-year build
    • ENKAReported contractor for Ratawi's second central processing facility, contract value above US$1 billion; civil and piping works under way (MEED, May 2026; not confirmed in a contractor press release we opened)
    • China Petroleum Pipeline Engineering (CPP/CPECC)Reported contractor for the US$2.5 billion CSSP pipeline package (MEED, Sept 2026); earlier reported for the Gas Midstream Project (Zawya). Not confirmed in a contractor press release we opened

    Key dates as stated by the sources

    FID or award
    CSSP EPC contract to Hyundai E&C and Ratawi full-field development launched 14 September 2025 (TotalEnergies press release 15 September 2025)
    Milestone
    Ratawi phase 1 (120,000 b/d) first oil now targeted Q4 2026 (TotalEnergies, Sept 2026), after slipping from early 2026 and then the first half of 2026; MEED reported in September 2026 that start-up was mid-to-late October at the earliest
    Startup target
    Ratawi phase 2 to 210,000 b/d from 2028 (reconfirmed by TotalEnergies Sept 2026); CSSP start-up scheduled late 2028 or early 2029 per MEED (Sept 2026), ~49-month build per Hyundai E&C

    Disciplines likely needed our inference

    • water treatment / process engineering
    • pipeline and pumping station engineering
    • construction management
    • commissioning and start-up
    • E&I
    • HSE and security-aware project controls

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Iraq: TotalEnergies Launches the Construction of the Final Two Major Projects of the GGIPTotalEnergies (company newsroom) · 2025-09-15
    2. Hyundai E&C wins W4tr deal for Iraq seawater treatment plantThe Korea Herald · 2025-09-15
    3. Iraq awards Hyundai E&C contract for Common Seawater Supply Project under GGIPZawya Projects · 2025-09
    4. Iraq's $10bln GGIP advances with Hyundai, ENKA, CPECC contractsZawya Projects · 2025-09
    5. Strategy and Outlook 2026 presentation (slides: upstream and integrated LNG project tables)TotalEnergies (investor presentation) · 2026-09-28
    6. TotalEnergies 2Q2026 Earnings Call transcriptTotalEnergies (investor relations) · 2026-07-23
    7. Customs clearance delaying project to develop Iraqi oil fieldMEED · 2026-09-07
    8. Groundworks underway for major Iraqi water projectMEED · 2026-09-10
    9. Piping work ongoing for Iraq field development projectMEED · 2026-05-15

    Position on the globe: 30.18°N 47.90°E. Location approximate: Seawater treatment plant on the coast near Umm Qasr / Khor Al-Zubair port, Basra governorate; Ratawi (Artawi) oil field and gas midstream plant inland near Basra. Coordinate marks the Khor Al-Zubair area.

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  9. 09 / 11Floating LNG

    ZLNG nearshore FLNG (PETRONAS FLNG 3), Sipitang, Sabah

    Malaysia

    A complete floating LNG plant.

    SizeMinimum 2 mtpa nearshore FLNG (reported ~2.1 mtpa)

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction
    5. Installation
    6. Commissioning

    Phase, as reported: fabrication …

    Who builds it

    • PETRONAS operator
    • JGC Corporation
    • Samsung Heavy Industries

    5 sources checked on 2026-10-08

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    Why we watch it

    A complete floating LNG plant — hull, ~40,000 t of topsides and onshore receiving works — being integrated in Korea for delivery and commissioning in Sabah in 2027.

    Phase in full, as reported

    fabrication (hull launched Feb 2025; topsides module integration at Samsung Heavy's Geoje yard ongoing)

    Who builds it as stated by the sources

    Operator / developerPETRONAS

    • JGC CorporationLead consortium partner on the EPCC contract: engineering, procurement and commissioning of the FLNG topsides and associated onshore facilities, plus overall project management
    • Samsung Heavy IndustriesConsortium partner: EPC of the FLNG hull and modular fabrication of the topsides at Geoje (steel cut April 2024, hull launched February 2025)

    Key dates as stated by the sources

    FID or award
    EPCC contract awarded to JGC–Samsung Heavy, announced 6 January 2023
    Milestone
    Steel-cutting/construction start at Geoje, April 2024; hull launch reported 26 February 2025
    Startup target
    Completion scheduled 2027 (JGC); start-up targeted second half of 2027 per trade press

    Disciplines likely needed our inference

    • LNG process and commissioning engineering
    • module integration / mechanical completion
    • E&I and instrumentation
    • marine/mooring engineering
    • QA/QC and inspection
    • project controls

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. JGC Awarded Contract for First Nearshore Floating LNG Plant in MalaysiaJGC Holdings (company newsroom) · 2023-01-06
    2. Petronas awards JGC-Samsung contract for third Malaysian FLNGOil & Gas Journal · 2023-01-09
    3. Petronas Starts Construction of Third Floating LNG FacilityWorld-Energy (trade press) · 2024-04-02
    4. Samsung Heavy launches Petronas' third FLNGLNG Prime (trade press, paywalled) · 2025-02-26
    5. Samsung Heavy launches 'Cedar FLNG'; world-first simultaneous construction of three FLNGs (Korean)Seoul Shinmun · 2026-06-05

    Position on the globe: 5.08°N 115.55°E. Location approximate: To be moored nearshore at the Sipitang Oil and Gas Industrial Park (SOGIP), Sabah, East Malaysia; hull and topsides under construction at Samsung Heavy Industries' Geoje yard, South Korea.

    This project on its own page - facts, sources and a summary to share.

  10. 10 / 11Offshore gas platforms

    Block B & 48/95, 52/97 gas development (Block B – O Mon gas-to-power)

    Vietnam

    A new offshore gas hub.

    SizeGas for ~3,800 MW of power at O Mon; EPCI#1 >US$1 bn

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: fabrication / construction …

    Who builds it

    • Phu Quoc Petroleum Operating Company operator
    • McDermott
    • PTSC
    • Vietsovpetro

    Reported risk First gas has moved from end-2026 to no later than Q3 2027, consistent with the February 2027 load-out of the living-quarters module…

    7 sources checked on 2026-10-08

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    Why we watch it

    A new offshore gas hub — central production platform, living-quarters platform, flare and bridges — fabricated in Vietnam under a McDermott-led EPCI contract, then installed and hooked up offshore.

    Phase in full, as reported

    fabrication / construction (EPCI#1 at ~29% overall progress with detailed engineering >71% as of August 2025; LQ fabrication underway)

    Reported risk in full, as reported

    First gas has moved from end-2026 to no later than Q3 2027, consistent with the February 2027 load-out of the living-quarters module. Downstream power plants lag: until end-2028 mainly O Mon I will be able to take Block B gas.

    Who builds it as stated by the sources

    Operator / developerPhu Quoc Petroleum Operating Company (PQPOC) for Petrovietnam (PVN), with MOECO, PVEP, PV Gas and PTTEP as partners

    • McDermottConsortium leader with PTSC for EPCI package #1: EPCI and hook-up/commissioning of the central production platform, living-quarters platform, flare tower and bridges (limited letter of award Oct 2023; full contract value >US$1 billion)
    • PTSC (Petrovietnam Technical Services Corporation)Consortium partner on EPCI#1; PTSC M&C fabricating the living-quarter module (LQM, ~2,643 t) and living-quarter utility deck (LQU, ~3,236 t) — first cut August 2025, LQM load-out scheduled 24 February 2027
    • VietsovpetroFabrication yard (VSP yard) named by PTSC for the living-quarter units

    Key dates as stated by the sources

    FID or award
    EPCI#1 limited letter of award to McDermott–PTSC on 31 October 2023; consortium leading the package since October 2023
    Milestone
    LQM fabrication commenced 1 August 2025; LQM load-out scheduled 24 February 2027
    Startup target
    First gas from Block B no later than Q3 2027 (Government Office Notification 487/TB-VPCP, 15 September 2026); O Mon I commercial operation December 2027, O Mon IV December 2028, O Mon II Q4 2029, O Mon III May 2030 (Can Tho Department of Industry and Trade, October 2026)

    Disciplines likely needed our inference

    • structural/topsides fabrication supervision
    • piping and E&I engineering
    • offshore installation and HUC
    • pipeline engineering
    • commissioning (gas processing, power)
    • project controls/planning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. McDermott, PTSC Consortium Receives Limited Letter of Award for Block B Gas Development Project Offshore VietnamMcDermott (company newsroom) · 2023-10-31
    2. PTSC commences construction of LQM and LQU for the Vietnam Block B Gas ProjectPTSC (company news) · 2025-08
    3. Vietnam's gas-to-power project moves forward with planned investment nearing $12 billionOffshore Energy (trade press) · 2024-06-04
    4. Vietnam aims to fuel 3 power plants with Block B gas: PMThe Investor (Vietnam) · 2024-05-13
    5. Chuỗi dự án khí - điện Lô B - Ô Môn: Tiến độ của một mắt xích không thể tách khỏi toàn ChuỗiNăng lượng Việt Nam (Vietnam Energy Association journal) · 2026-09-22
    6. Chuỗi dự án khí - điện Lô B - Ô Môn và lịch tiến độ tích hợp các dự án thượng nguồn, trung nguồn, hạ nguồnNăng lượng Việt Nam · 2026-09-24
    7. Cần Thơ: Dòng khí Lô B dự kiến về năm 2027, các nhà máy Ô Môn vận hành từ cuối 2028Báo Xây dựng (Ministry of Construction newspaper) · 2026-10-01

    Position on the globe: 7.90°N 103.20°E. Location approximate: Blocks B, 48/95 and 52/97 in the Malay–Tho Chu basin, southwest Vietnam continental shelf, ~77 m water depth, 300+ km offshore Ca Mau; gas piped ~400 km to the O Mon power complex at Can Tho. Exact CPP location not published in sources checked.

    This project on its own page - facts, sources and a summary to share.

  11. 11 / 11Subsea gas

    Jansz-Io Compression (Gorgon gas supply)

    Australia

    A subsea-compression scheme keeping one of the world's largest LNG plants (Gorgon) supplied as its field ages.

    SizeMaintains feed-gas supply to Gorgon LNG's three 15.6 MTPA trains via a 27,000-tonne floating field control station and ~6,500 tonnes of subsea compression infrastructure

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction
    5. Installation (named in the reported phase)
    6. Commissioning (named in the reported phase)

    Phase, as reported: installation / commissioning …

    Who builds it

    • Chevron Australia operator
    • Saipem

    Reported risk Schedule has moved…

    4 sources checked on 2026-10-08

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    Why we watch it

    A subsea-compression scheme keeping one of the world's largest LNG plants (Gorgon) supplied as its field ages — a rare, technically complex subsea-compression build with its own multi-year commissioning tail.

    Phase in full, as reported

    installation / commissioning (Chevron's December 2024 indicative schedule runs installation from late-2024 to mid-2027; commissioning and start-up to commence from 2026/2027)

    Reported risk in full, as reported

    Schedule has moved: Chevron's December 2024 update extended the installation window from mid-2024–mid-2026 to late-2024–mid-2027, with the compression station installed in two campaigns; no public start-up announcement found as of October 2026.

    Who builds it as stated by the sources

    Operator / developerChevron Australia (Gorgon joint venture)

    • Chevronoperator
    • Saipemcontractor, ~$4bn order for the compression project scope

    Key dates as stated by the sources

    Sanctioned
    2021 (project proceeded)
    Startup target
    Commissioning, start-up and operation expected to commence from 2026/2027 (Chevron operations environment plan, accepted by NOPSEMA 26 March 2026)

    Disciplines likely needed our inference

    • subsea engineering
    • commissioning
    • controls/instrumentation
    • offshore installation supervision
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Chevron's Jansz-Io compression project on trackOffshore Magazine · 2024
    2. Saipem wins contract for Chevron's Jansz-Io compression projectLNG Prime · 2021-2022
    3. Gorgon and Jansz Feed Gas Pipeline and Wells Operations (environment plan summary)NOPSEMA (Australian offshore regulator) · 2024-12
    4. Jansz-Io Compression Installation (information sheet, Dec 2024)Chevron Australia · 2024-12

    Position on the globe: 20.75°S 115.40°E. Location approximate: Jansz-Io gas field / Barrow Island, offshore Western Australia.

    This project on its own page - facts, sources and a summary to share.