final investment decision (FID) | Egypt Oil & Gas

Petronas Reaches FID for Hidayah Field, Boosting Energy Supply in Indonesia

Petronas has reached a Final Investment Decision (FID) for the development of the Hidayah field in the North Madura II Contract Area, East Java, Indonesia. The project includes drilling oil production wells, an un ...

Shell Further Develops Bonga North Deep-Water Project Offshore Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), has reached a final investment decision (FID) on the Bonga North deep-water project, located in OML 118 offshore Nigeria. The project, which will ...

Equinor, bp, TotalEnergies Finalize Deal in UK’s First CCS Projects

Equinor, in partnership with bp and TotalEnergies, have reached the final investment decision for two of Britain’s carbon capture and storage (CCS) projects in northern England.

Woodside Signs Deal with Bechtel to Develop Louisiana LNG Project

Australia's Woodside Energy Group has signed a contract with US Bechtel for engineering, procurement and construction (EPC) of the Louisiana liquefied natural gas (LNG) project, with final investment decision (FID ...

Shell to Build CCS projects in Canada

Shell revealed on Wednesday that its Subsidiary, Shell Canada Products has reached the Final Investment Decision (FID) for Polaris, a carbon capture project designed to capture approximately 650,000 tons of CO2 an ...

Sonangol Reaches Final Investment Decision for Cabinda Oil Refinery

The Angolan state oil company, Sonangol, has reached a final investment decision (FID) for the construction of the Cabinda oil refinery in Angola.

Total, Uganda Pave the Way for Export Pipeline 

French international oil company (IOC), Total SA, and the Ugandan government have managed to navigate previous issues, giving the green light for a final investment decision (FID) for a crude export pipeline.

Iraq’s Basra Gas Launches New Growth Program

The program will capture flared gas from three major oilfields, namely Rumaila, West Qurna 1 and Zubair, and then convert it into dry gas for power generation in the domestic market and exporting.

Investment Decision on Mozambique’s Gas Expected by July

ENI, Mozambique's Area 4 operator, will make a final investment decision (FID) still by March and conclude the financial package by the end of the first half of 2017.

Uganda Likely to Produce First Oil by 2020

Uganda has come closer to materializing its plan to produce first oil by 2020.

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