Fid News

 

CIMC Picks TMC’s Compressors for Golar LNG’s MK II FLNG Unit

Jan 05, 2026

CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility, currently under construction for Golar LNG.TMC’s scope includes instrument air compressors…

Canada’s $4B Floating LNG Scheme Secures 12-Year Export Deal

Dec 17, 2025

Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, has secured a 12-year agreement with Ovintiv for its floating liquefied natural gas (FLNG) facility, being developed on Canada’s West Coast.The agreement, signed…

Oil and Gas Redevelopment Project off Norway Gets $1.8B Approval

Dec 16, 2025

ConocoPhillips Skandinavia, and its partners Vår Energi, Orlen Upstream Norway, and Petoro, have made a final investment decision (FID) for the joint redevelopment of an oil and gas project in the Greater Ekofisk Area, offshore Norway.The FID is for the Previously Produced Fields (PPF) Project…

Sea Lion Oil Project in Falkland Islands Gets Green Light

Dec 10, 2025

Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals…

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Dec 04, 2025

Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for $15 million in cash and shares, in a move the company said will accelerate development of its Kuda Tasi and Jahal (KTJ) oil fields project…

TotalEnergies Exits Nigeria's Deepwater Field as Eni and Shell Boost Stakes

Nov 25, 2025

TotalEnergies has completed the divestment of its non-operated interest in the Bonga deepwater field offshore Nigeria, selling its share to Shell Nigeria Exploration and Production Company (SNEPCo) and Eni.SNEPCo, a subsidiary of Shell, completed…

Baker Hughes to Supply Key Equipment for Alaska LNG Project

Nov 11, 2025

U.S. energy developer Glenfarne Alaska LNG and Baker Hughes have signed definitive agreements to advance the Alaska LNG project, which aims to export natural gas from Alaska’s North Slope to global markets.Under the agreement, Baker Hughes will…

Rhino Resources Targets New Appraisal Wells and Flow Test off Namibia

Oct 24, 2025

African oil and gas company Rhino Resources plans to drill an appraisal well on a Namibian prospect next year and take a flow test on another as it races TotalEnergies to first oil in the southern African nation, its chief executive said.The appraisal well…

North American Projects, Players and Deals in LNG’s Spotlight

Oct 23, 2025

In 2025 to-date, five out of the six liquefaction projects reaching Final Investment Decisions (FID) globally, representing around 90% of liquefaction capacity, are located on the U.S. Gulf Coast. Despite an inflationary environment, geopolitical tailwinds combined with U…

NextDecade Makes FID for fifth Liquefaction Plant at Texas’ Rio Grande LNG

Oct 17, 2025

U.S. liquefied natural gas producer NextDecade said on Thursday it had reached a positive final investment decision (FID) on the fifth liquefaction plant, known as a train, of its Rio Grande export project in Texas.Shares of the company rose over 4%in extended trading…

Shell and Sunlink Give Go-Ahead for LNG Project Offshore Nigeria

Oct 14, 2025

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell, and Sunlink Energies and Resources have taken a final investment decision (FID) on the HI gas project offshore Nigeria.When completed, the project will supply…

Shell’s Brazil-Bound FPSO Starts Taking Shape

Oct 06, 2025

MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…

Eni Greenlights Mozambique’s Coral North FLNG Project

Oct 03, 2025

Eni and its partners China National Petroleum Corporation (CNPH), Empresa Nacional de Hidrocarbonetos (ENH), Korea Gas Corporation (KOGAS) and XRG have reached the Final Investment Decision (FID) to develop the Coral North deepwater FLNG project…

BP Eyes Partners for Bumerangue Oil Discovery off Brazil

Oct 03, 2025

BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday.The British company, which currently holds 100% of the block…

Eni Set to Sign FID for Coral North FLNG in Mozambique

Oct 02, 2025

Italian energy group Eni is expected to agree a final investment decision for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters…

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