New Wave Offshore Energy advises oil & gas and renewables majors on safely executing marine operations worldwide.
In a recent statement, the company explained that the marine warranty services contract encompasses risk management and safety oversight support for the US$12.7 billion project.
In April 2024, ExxonMobil received government approval for the Whiptail development, which will target an estimated resource base of more than 850 million barrels of oil and include up to 10 drill centers and 48 production and injection wells. This development will be supported by a floating production, storage and offloading (FPSO) vessel named “Jaguar”. The project is expected to produce 250,000 barrels per day (bpd) and is expected to start production by the end of 2027.