Search results for: final-investment-decision

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  • 15 January 2020
    Operations & Maintenance

    Woodside and its partners, Cairn and FAR, have signed a joint Final Investment Decision (FID) statement, in agreement with Petrosen and the Government of Senegal for the Sangomar field development. The FID was signed at an official ceremony on Tuesday night with the Minister of Petroleum and Energies, Monsieur Mouhamadou Cisse, Cairn informed. The FID […]

  • 10 October 2018
    Operations & Maintenance, Research & Development

    Shell and its partners have made a final investment decision (FID) for the Arran field development, located in the UK Central North Sea. The Shell-operated Arran field is expected to produce around 100 million standard cubic feet a day of gas and 4,000 barrels per day of condensate, which combined equates to 21,000 barrels of oil equivalent per […]

  • 26 June 2018
    Business & Finance, Operations & Maintenance

    Shell said it has made a final investment decision (FID) for the Fram gas and condensate field in the UK North Sea. This FID adds momentum to Shell’s North Sea production growth, following the decision to redevelop the Penguins field in the northern North Sea. At peak production, the Fram field is expected to produce […]

  • 17 October 2019
    Operations & Maintenance, Research & Development

    Woodside has confirmed it has made a positive final investment decision (FID) for the Pyxis Hub project, located in Permit Area WA-34-L offshore Western Australia. According to the company’s quarterly update, the final investment decision for the Pyxis Hub project was taken in August 2019. Pyxis Hub Project comprises the subsea tieback of the Pyxis, […]

  • 5 February 2019
    Business & Finance

    Final investment decision for Croatia’s Krk floating LNG terminal was adopted on January 31, 2019.

  • 11 October 2019
    Business & Finance

    Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen floating offshore wind project in Norway. According to Equinor, two updated plans for the project development and operation will be submitted to Norwegian authorities today, 11 October. The Snorre and Gullfaks oil & gas platforms will be the […]

  • 10 December 2007

    Total announces the Final Investment Decision for the Angola LNG Project. Total owns a 13.6% share of Angola LNG Limited alongside Sonagas (36.4%), Chevron (36.4%) and BP (13.6%). The project shareholders have authorized Angola LNG Limited to proceed with the construction and implementation of the Project following receipt of approvals from the Angolan authorities on […]

  • 10 February 2017

    Large upstream projects are more often delivered by a group of partners rather than a single 100% owner.

  • 11 October 2019
    Business & Finance

    Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen floating offshore wind project in Norway. According to Equinor, two updated plans for the project development and operation will be submitted to Norwegian authorities today, 11 October. The Snorre and Gullfaks oil & gas platforms will be the […]

  • 24 February 2016

    ScottishPower Renewables has made a final investment decision for the East Anglia ONE offshore wind farm. The company will now progress with the development of the wind farm, aiming to put it into operation by 2020. The project has a capacity of 714MW, enough to power the equivalent of 500,000 homes or the majority of the […]

  • 4 June 2020
    Business developments & projects

    Vattenfall has made the final investment decision for the zero-subsidy Hollandse Kust Zuid 1-4 wind farm project in the Dutch North Sea. The 1.5 GW Hollandse Kust Zuid will be the largest offshore wind farm in the Netherlands and in the world once operational in 2023. Vattenfall was awarded the contract to build Hollandse Kust […]

  • 16 May 2010

    The federal government has again restated its backing to the management of the Brass LNG Limited in taking Final Investment Decision (FID)… [mappress] Source: thisdayonline, May 17 , 2010;

  • 19 April 2011
    Business & Finance

    The final investment decision on natural gas delivered by pipeline as well as on liquefied natural gas for the giant offshore Shtokman … By Jacob Gronholt-Pedersen ,Dow Jones, (Fox Business) [mappress] Source: , April 19, 2011;

  • 30 April 2019
    Business & Finance

    Ørsted has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff level announced on 30 January 2019. […]

  • 10 April 2018
    Business & Finance, Equipment, Operations & Maintenance

    Energinet and National Grid have postponed the final investment decision (FID) on the Viking Link interconnector project, which was initially scheduled to take place in March. The project partners have chosen to push back FID until further clarity is achieved with respect to UK planning consents, which form the basis for the onshore and offshore […]

  • 24 February 2016

    ScottishPower Renewables has made a final investment decision for the East Anglia ONE offshore wind farm. The company will now progress with the development of the wind farm, aiming to put it into operation by 2020. The project has a capacity of 714MW, enough to power the equivalent of 500,000 homes or the majority of the […]

  • 30 April 2019
    Business & Finance

    Ørsted has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff level announced on 30 January 2019. […]

  • 28 January 2016
    Business & Finance

    DONG Energy will make the final investment decision on the 1.2 GW Hornsea Project One offshore wind farm within the next few weeks, the utility’s UK Country Chairman Brent Cheshire told Bloomberg.  Hornsea Project One, comprising 240 turbines, is located 120 kilometers off the Yorkshire coast and covers approximately 407 square kilometers. It is expected to enter into […]

  • 3 February 2016
    Business & Finance, Storage

    Dong Energy has made a final investment decision to build the 1,200 MW Hornsea Project One offshore wind farm in the UK. Hornsea will on completion be the world’s first offshore wind farm to exceed 1,000 MW in capacity and by a large margin become the world’s largest offshore wind farm. It will be able to […]

  • 18 November 2011
    Business & Finance, Research & Development

    INPEX CORPORATION  announces that Ichthys Project, which is undertaken by INPEX group of companies and Total group of companies, has been steadily progressing towards the Final Investment Decision (FID) to be made by the end of this year. While this remains their target, taking into account administrative constraints during the Christmas season and New Year […]

  • 13 February 2014
    Business & Finance

    PETRONAS has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia. The FID was approved by the PETRONAS Board on 23 January 2014. Subsequently PETRONAS has issued a letter of award for the Engineering Procurement, Construction, Installation, Commissioning (EPCIC) […]

  • 14 April 2014
    Project & Tenders

    Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels. Following an intensive optimization exercise, the project’s capital expenditure to reach full capacity was reduced by […]