BP targeting fast-track gas project, $5bn of Ruya tendering floated + more It''s been a busy week in terms of OFS project news flow. In Africa, BP is reportedly fast-tracking the Yakaar-Teranga gas project off Senegal with a potential FID this year, while TotalEnergies is assessing the security situation in Mozambique ahead of a potential restart of its Area 1 LNG project (SPM relevant). In the Middle East, Qatar''s NOC has reportedly issued invitations to tender for $5bn of work across four EPCI packages at Al Shaheen, while Aramco has given contractors a three-month extension to submit bids on up to $10bn of offshore tenders related to the expansion of its Safaniyah oilfield. Aramco is also preparing to award eleven offshore contracts to its LTA pool of contractors, with SUBC and SPM reportedly the frontrunners for three workscopes each. Meanwhile in LATAM, Upstream reports that FID on Equinor''s BM-C-33 FPSO project in Brazil has been delayed by at least six months until May (FTI relevant) and SBM Offshore is in final negotiations with a Chinese shipyard to construct the hull and living quarters of its latest FPSO project, which is likely destined for the Whiptail development off Guyana. Our recently updated Offshore Project Tracker is available for download here: OIL SERVICES: Offshore Project Tracker. Awards and FIDs: Technip Energies awarded key low-carbon FEED Technip Energies announced the award of a key FEED contract from ExxonMobil this week for its Baytown low-carbon hydrogen, ammonia and CCS facility, where FID is targeted next year. We think the FEED could lead to a substantial (cEUR500m-1bn) award for the full EPC scope. In Norway, TechnipFMC announced a ''large'' ($500m-1bn) integrated EPCI project from Aker BP for the Utsira High development, previously a Lundin project. Global Capex Tracker: 12% increase y/y as per latest company guidance We provide rolling coverage of announced 2023 capex budgets overleaf. Companies that have...