final investment decision (FID) | Egypt Oil & Gas
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 help...
Equinor, bp, TotalEnergies Finalize Deal in UK’s First CCS Projects
Equinor, in partnership with bp and TotalEnergies, have reached the final investment on two of the UK’s first carbon capture and storage (CCS) projects in Teesside; the Northern Endurance Partnership (NEP) and Net Zer...
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 (F...
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 annual...
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, according to Reuters. In a joint statement from Sonangol and Gemcorp, ...
Total, Uganda Pave the Way for Export Pipeline
French oil company, Total SA, and the Ugandan government have managed to navigate previous issues, giving the green light for a final investment decision for a crude export pipeline, according to Bloomberg. The breakt...
Iraq’s Basra Gas Launches New Growth Program
Shell Iraq announced the Final Investment Decision (FID) taken by the Basrah Gas Company (BGC) on its growth program, which aims to increase current capacity by 40%, Pipeline reported. The program will capture flared ...
Investment Decision on Mozambique’s Gas Expected by July
Mozambique’s State Oil and Gas ENH’s Chairman, Omar Mitha announced that major investment decisions in regards to the natural gas extraction projects in the Rovuma basin in northern Mozambique will be made befor...
