Commitments

As at December 31, 2021, the remaining contractual commitments for acquisition of intangible assets, property, plant and equipment and investment in leases amounted to US$1,600 million (December 31, 2020: US$ 990million). Investment commitments have increased principally due to the progress made on the construction of the Liza Unity (FPSO), Prosperity (FPSO), FPSO Sepetiba, FPSO Alexandre de Gusmão, FPSO Almirante Tamandaré and limited scope award of the FPSO for the Yellowtail development project.