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The national oil companies (NOCs), Eni from Italy and Sonangol from Angola, together with the local joint venture Sonangol – Sinopec called SSI Fifteen limited (SSI Fifteen) intend to develop their recent discovery Agogo in the Block 15/06 offshore Angola on fast-track as a stand alone project as a floating, production, storage and offloading (FPSO) vessel.
The international oil company (IOC), Chevron Phillips, and the national oil company (NOC), Qatar Energy (QE), signed a heads of agreement (HoA) to build and operate an estimated $8 billion-worth petrochemicals project on the US Gulf of Mexico coast, under the name Golden Triangle Polymers.
Renewables and Decarbonation Projects Run at Different Speeds
In 2022, we could see how much Renewables and Decarbonation projects run at different speeds. Energy Transition market is booming, but this sector is not uniformed.
The two barre graphs below shows how Renewables projects and Decarbonation projects evolves year per year in term of capital expenditure. These bar graphs come from the projects database www.projectsmartexplorer.com