Commitments

As at December 31, 2024, the significant remaining contractual commitments contracted but not yet recognized, for the acquisition of goods and services from suppliers for FPSO projects under construction and MPFs hulls for use in future FPSO projects, amounted to US$1,563 million (December 31, 2023: US$859 million). Significant contractual commitments for FPSO projects under construction mainly relate to ongoing activities on the construction of FPSO Alexandre de Gusmão, FPSO Almirante Tamandaré, FPSO ONE GUYANA, FPSO Jaguar, and the FSO for the Trion project