Fid News

 

No Dorado FID in 2022, Carnarvon Energy Says

Aug 17, 2022

Dorado, one of the largest ever oil discoveries in Australia’s North Western Shelf, is going to wait some more to produce first oil, as Carnarvon Energy, a partner in the Santos-operated project, said Wednesday that the final investment decision for the project would not be made in 2022…

Intelatus Provides Snapshot of U.S. Offshore Wind Industry Progress

Jul 06, 2022

The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…

US Offshore Wind Segment Showing No Signs of Slowing Down

Jun 01, 2022

The U.S. offshore wind segment shows no signs of slowing on its journey to deploy 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Based on current project activity we anticipate around 60 GW of offshore wind capacity to be installed by 2035…

Navitas to Become Operator of Sea Lion Development Offshore Falkland Islands

Apr 19, 2022

Navitas Petroleum has agreed to farm into the Sea Lion oil field development project offshore the Falkland Islands.  In January 2020, Premier Oil, as the Sea Lion operator, and Rockhopper, as the partner in the project, signed non-binding heads of terms with Navitas Petroleum…

Talos Disappointed as Pemex Gets to Run Development of Giant Zama Offshore Oil Discovery

Mar 28, 2022

Mexican authorities have decided that Mexico's national oil company Pemex will become the operator of the giant Zama offshore field development, despite the fact that the discovery was made by the U.S. oil company Talos Energy back in 2017.Talos…

Norway: Shell Given OK for Knarr FPSO Removal

Mar 24, 2022

Oil major Shell has received regulatory approval for the removal of the Petrojarl Knarr FPSO and seabed structures on the Knarr field, offshore Norway.Discovered in 2008, Knarr is a field in the northern part of the North Sea, 50 kilometers northeast of the Snorre field…

Subsea 7 Nets Krafla FEED. Eyes Large EPCI Deal after FID

Mar 04, 2022

Norwegian oil and gas company Equinor has awarded Subsea 7 a front-end engineering and design (FEED) study for the marine installations associated with the Krafla development project, offshore Norway.The awarded work is required to finalize…

Equinor, Altera Pen Deal to Deploy Petrojarl Knarr FPSO at Long-stalled Rosebank Project

Feb 24, 2022

Norway's Equinor has confirmed to Offshore Engineer that it has signed an agreement with FPSO owner Altera Infrastructure that could see the Petrojarl Knarr FPSO redeployed at the long-stalled Rosebank project in the UK North Sea. The FPSO is currently producing oil from Shell's Knarr field…

Delfin Plans Louisiana Floating LNG FID in 2022

Jan 19, 2022

U.S. liquefied natural gas (LNG) developer Delfin LNG said it plans to make a final investment decision (FID) to go forward with its Gulf of Mexico floating LNG export project off Louisiana in 2022.'This is the best macro-environment that the LNG business has ever seen…

Ørsted Reaches FID on Two German Offshore Wind Farm Projects

Dec 01, 2021

Danish offshore wind farm developer Ørsted has taken the final investment decision (FID) on the two German offshore wind farms Gode Wind 3 (242 MW) and Borkum Riffgrund 3 (900 MW), expected to be commissioned in 2024 and 2025, respectively.Rasmus Errboe…

Blue Gem Wind Taps OWC for Offshore Wind Engineering Services

Nov 04, 2021

Offshore Wind Consultants (OWC), a subsidiary of AqualisBraemar LOC, has said it has secured a large contract to provide engineering services for an offshore wind development project on the UKCS. AqualisBraemar LOC defines a large contract as between $4 million and $7 million…

Indonesia: Inpex to Delay FID for Abadi LNG Project

Aug 10, 2021

Japanese energy company Inpex Corp expects its final investment decision (FID) on the Abadi liquefied natural gas project in Indonesia to be delayed because COVID-19 has disrupted survey work and adjustments may be needed due to climate change…

Santos Sanctions $3.6B Barossa Offshore Development in Australia

Mar 30, 2021

Australian oil and gas company Santos on Tuesday announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory, Australia.The Barossa development will comprise a BW Offshore supplied FPSO…

Santos, BW Offshore Sign $4,6B Barossa FPSO Deal

Mar 24, 2021

Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners…

2020 Was a Record Year of Offshore Wind Investments, RCG Says

Feb 15, 2021

The global financial investment for offshore wind capacity set records in 2020, with total capacity investment as well as cash amount earmarked surpassing that of 2018, the previous record year, according to The Renewables Consulting Group (RCG)…

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