Also known as Teekay Offshore Partners.
chemXplore tracks 1 project involving Altera, of which one is active.
Altera's role on them: Owner, EPCI, and Operator.
1 expansion.
Contractors are recorded on this project For subscribers
Targeting: Crude oil (1), Natural gas (1)
Deals cover a 50/50 PSA for unconventional hydrocarbons, Absheron FID, LNG export options for Haynesville gas, cloud operator appointment and a 10% Baleine stake.
Revenue $2.76bn; net income $363m; Subsea inbound $2.5bn; cash from operations $548m and free cash flow $488m; $440m returned to shareholders.
Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.
Two awards cover Baleine Phase 3 offshore pipelines and subsea systems, and an EPC deoxygenation unit at the Venice biorefinery to boost HVO output.
Design and manufacture flexible flowlines and risers to tie wells in ~1,200 m water depth to a new floating production unit for a fast‑track expansion offshore Côte d’Ivoire.
EPCIC deal covers FEED-through-delivery for Baleine Phase 3 FPSO to operate in 800–1,200 m depth; 90,000 bbl/d oil and 160 MMSCFD gas capacity.
Phase 3 lifts oil from 60k to 150k bpd and gas from 80 to 200 MMcf/d. New FPSO. All gas for domestic power/industry. Phased fast‑track development to boost energy security and local growth
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