FID | Egypt Oil & Gas

FID | Egypt Oil & Gas

Shell Takes FID on Phase 12a Development in Egypt’s WDDM Concession

Shell and its partners have taken a Final Investment Decision (FID) to develop Phase 12a in Egypt’s West Delta Deep Marine concession, comprising three deepwater subsea wells with first gas expected in 2028.

ExxonMobil Awards $1.1 Bn in Pre-Investment Contracts for Rovuma LNG Project

ExxonMobil has awarded about $1.1 billion worth of pre-investment contracts for certain ​upstream equipment for the Rovuma liquefies natural gas (LNG) ‌Phase 1 project, a major natural gas development in the deep ...

Egypt to channel Cypriot gas to Europe by 2028 after Eni, TotalEnergies approve Cronos FID

Italian Eni and French TotalEnergies have reached the Final Investment Decision (FID) to develop Cronos project, in deep waters offshore Cyprus, with the target to bring the first Cypriot gas to market in 2028.

ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project

Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi, reinforcing the country's  energy security and its role as a reliabl ...

ADNOC approves FID for SARB Deep Gas project in Ghasha Concession

Abu Dhabi National Oil Company (ADNOC) has reached a final investment decision (FID) for the SARB Deep Gas development, a strategic offshore project within the Ghasha Concession aimed at expanding the UAE’s natura ...

MEES: Cronos Gas to be Transmitted to Damietta via Zohr Line Skipping National Grid

Egypt and Cyprus have sealed a set of landmark commercial agreements, marking a decisive step toward the project’s Final Investment Decision (FID), which is expected in the next few months. The deals allow natural ...

bp Greenlights $5 Billion Tiber-Guadalupe Project in US Gulf

bp, one of the world's largest integrated oil companies, has made a final investment decision (FID) regarding its $5 billion Tiber-Guadalupe development project in the US Gulf of Mexico. The project marks the comp ...

Shell Expands Investment in Brazil’s Pre-Salt with Gato do Mato Project

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced that it has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basi ...

Aramco, TotalEnergies Takes FID to Build a Giant Petrochemical Complex in Saudi Arabia

The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have made the final investment decision (FID) for the construction of a world scale petrochemical facility in Saudi Arabia.

Shell to Invest in Whale Development in the Gulf of Mexico

Shell Offshore Inc, a Subsidiary of Royal Dutch Shell, announced that it has taken the final investment decision (FID) to invest in Whale, a deep-water development in the Gulf of Mexico.

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