Our very own generating property made good 100 % free cash flow of approximately $175 billion for the seasons, leaving out working-capital, relative to our pointers

Assuming pre-emption is accomplished, we might be prepared to located a tad bit more than just $a hundred billion of closing and this i always lower personal debt. The new affect Kosmos design was on 5,100000 barrels away from oil every single day. We’re coping with the partners on the transaction together with pre-emption stays at the mercy of the fresh new recognition because of the Regulators out of Ghana.

Through good functional performance throughout the Oxy Ghana purchase, we materially shorter control for the season, end at around two-and-a-half moments just like the prepared

Looking at Slide eleven. In Equatorial Guinea, 4Q disgusting creation was in line toward complete season within around 29,000 barrels out of oils a day. Like Ghana, i watched increased hobby within the 2021 to your very first wells drilled toward assets just like the 2015. The relationship drilled two jack-right up wells, all of hence arrived on the web regarding the next quarter.

We have been pleased with initially performance in addition to joint impact on disgusting manufacturing is seen on the graph that have Ceiba and you will Okume collectively producing within account perhaps not seen for more than eighteen months. On the Gulf coast of florida, turning to Slip several, 4Q production try 21,000 drums off oil similar per day, a little above full-12 months creation of 20,one hundred thousand barrels regarding petroleum equivalent daily. For the screwing the fresh effective Tornado lose ton enhanced yields on last half of the season because the chart shows. The fresh focus on regarding Gulf of mexico just last year try the Winterfell development plus the successful assessment better.

With around a hundred billion drums off disgusting financial support potential regarding the Central Winterfell city and you will distance to numerous regional servers systems with OH, we have been thinking about tomorrow possible associated with investment. Embracing Slip 13. The fresh new Tortue enterprise saw a great ramp-right up when you look at the passion in 2021 with all of key works streams and also make extreme advances. On year end, stage among endeavor is as much as 70% over.

Deciding on each one of the works avenues. Into FPSO, the very last five processes modules were raised on the patio inside December. Mechanized completion of one’s processes subsystems happens to be started. Into the pictures of the FPSO into fall show this new high amount of achievement.

On the centre terminal, we done design of 21st and finally caisson additionally the piling installment for the jetty has actually began before the center critical organization beginning. Nevertheless the subsea interest is ramping right up. Brand new pipeline has already accomplished the nautical trials within the North sea and must be ready for brand new offshore set up venture in the second quarter. And on the floating LNG ship, the latest five blended refrigerant compressors was in fact lifted agreeable and you can this new pipe tray installations businesses features began.

Therefore 2021 try a busy season for us, along with the working energy you will find mainly based, our company is well-placed to take beginning this year. With that, I’ll give so you’re able to Neal for taking you through the financials.

Many thanks, Andy. I would ike to start on Slide 14 from the speaking of the new financial birth i spotted in 2021. We done a great deal to possess organized the company well to excel along the coming many years. Earliest, i properly refinanced the set aside-based lending business, hence now has a whole business size of $step one.twenty five million, having $step one mil drawn during the year-end.

Inside August, i established the culmination of one’s Tortue FPSO sale and you can leaseback deal, and therefore money up to $375 mil your capex to the investment and with key components of the credit path we laid out inside the . The combination ones, and the bond deals i conducted features deferred all of all of our near-name loans maturities and you can helped raise our liquidity to around $750 million available at year end.