Sonangol Reaches Final Investment Decision for Cabinda Oil Refinery

• Sunday, 1st November 2020
• by Editorial Team

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 

• Sunday, 13th September 2020
• by Editorial Team

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

• Sunday, 17th February 2019
• by Editorial Team

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

• Monday, 27th March 2017
• by

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

• Thursday, 23rd February 2017
• by Editorial Team

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

Total Mulls $2b Investment in Iranian Gas Fields

• Thursday, 9th February 2017
• by Editorial Team

French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers.

Fortuna FLNG to Reach FID in 2017

• Sunday, 15th January 2017
• by Editorial Team

London-based Ophir Energy said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision (FID) in the first half of 2017.

Oman to Invest $1.8b in Petchem

• Monday, 7th November 2016
• by Egypt Oil & Gas

The state-owned Oman Oil Company (OOC), the national petroleum investment company, plans to progress the implementation of three strategically petrochemical ventures by 2017. The total investment worth $1.81b.

Leviathan Gas Field to Yield 12bcm/y

• Sunday, 6th November 2016
• by Egypt Oil & Gas

Partners in Israel's Leviathan natural gas field declared that the project's first development stage will include a capacity of 12bcm/y of gas. Further stages could include an additional 9bcm/y of gas.

BP to Buy LNG from Mozambique’s Area 4

• Wednesday, 5th October 2016
• by Egypt Oil & Gas

BP has agreed to a 20-year deal with Eni to buy liquefied natural gas (LNG) from a big new field off the coast of Mozambique.