Fid News

 

TotalEnergies Set to Make FID for $10B Development Offshore Suriname

Oct 01, 2024

French oil major TotalEnergies will sign a final investment decision (FID) on Tuesday for a more than $10 billion offshore oil and gas development in Suriname, the South American country's first, said four sources with knowledge of the project…

TotalEnergies Starts Production at Fenix Gas Field Offshore Argentia

Sep 20, 2024

TotalEnergies has started the production from the Fenix gas field, off the coast of Tierra del Fuego in Southern Argentina.The Fenix field, located 60 km offshore, is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37…

Shell Plans Water Injection at Vito Field

Aug 14, 2024

Shell announced it will use water injection to enhance oil volume capacity at its deepwater Vito field in the U.S. Gulf of Mexico.The British multinational oil major on Wednesday said its Shell Offshore Inc. subsidiary has taken a final investment decision (FID) on the project…

Woodside to Buy Ammonia Project on US Gulf Coast for $2.35B

Aug 05, 2024

Australia’s Woodside Energy has signed an agreement with Dutch-based OCI Global to acquire its clean ammonia project for $2.35 billion, which is still under construction on the U.S. Gulf Coast in Texas.Woodside has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding…

Portuguese Firm Inks Deal for Access to US LNG

Aug 05, 2024

Portuguese oil and gas company Galp has signed a sales and purchase agreement (SPA) with liquefied natural gas (LNG) producer and exporter Cheniere for access to U.S. LNG.The agreement includes a 20-year 0.5 mtpa delivery contingent to FID of…

SLB OneSubsea to Supply Subsea Systems for Two Petrobras’ Ultra-Deepwater Fields

Aug 02, 2024

SLB OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has secured a major contract from Petrobras for the supply of subsea production systems and related services for two ultra-deepwater fields offshore Brazil.As part of the…

Crown LNG Picks IKM for Engineering Design of Scottish Floating LNG Terminal

Jul 25, 2024

Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has selected IKM Engineering & Environmental Consultants (IKM) as its partner for the design and engineering of a floating LNG import terminal in the Firth of Forth…

Energean Makes FID for Katlan Development in Mediterranean Sea

Jul 23, 2024

Oil and gas company Energean has taken final investment decision (FID) for the Katlan development project in Israel, outlining the plan for the first gas in the first half of 2027.The Katlan area will be developed in a phased approach through a subsea tieback to the existing Energean Power FPSO…

Australia's Woodside Buys US LNG Developer Tellurian for $1.2B

Jul 22, 2024

Australian oil and gas company Woodside Energy has entered into definitive agreement to buy U.S. liquefied natural gas (LNG) developer Tellurian, including its owned and operated US Gulf Coast Driftwood LNG development opportunity, for a total of $1…

Dorado’s FID Delayed as Reshaping of Project Aims to Reduce Its Total Capital Outlay

Jul 18, 2024

Carnarvon has informed that the joint venture in charge of Dorado project, one of the largest offshore oil discoveries in Western Australia, is finalizing the assessment of key optimization opportunities, expected to improve project economics and significantly lower upfront CAPEX…

French Company Secures Work On $4B Cedar FLNG Scheme

Jul 16, 2024

Samsung Heavy Industries has hired French engineering company GTT for tank design of a new floating liquefied natural gas (FLNG) unit as part of $4 billion Cedar LNG project in Canada.As part of the contract with Samsung Heavy Industries, GTT will design the tanks of the FLNG…

CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras

Jul 11, 2024

CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras…

First Gas Starts Flowing at SapuraOMV’s Jerun Platform Off Malaysia

Jul 09, 2024

Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…

Developers Make FID for Canada’s $4B Floating LNG Project

Jun 26, 2024

Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, have made a final investment decision (FID) on the Cedar LNG project, a floating liquefied natural gas (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa)…

Conrad Inks Mako Field Gas Sales Agreement with Pertamina’s Subsidiary

Jun 25, 2024

Conrad Asia Energy has entered into a binding Gas Sales Agreement (GSA) for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara (PGN), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia…

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