Dialog Group Bhd has commenced commercial gas production from the Salbiah Gas Field under the Baram Junior Cluster production sharing contract (PSC) offshore Sarawak, while approving an additional US$211 million investment to develop the nearby Fatimah Gas Field. The group also announced that it had reached a final investment decision (FID) for the Fatimah Gas […]
Valeura Energy and partner PTTEP reached FID for the Bussabong gas development in Block G3/65 offshore Thailand. The project is Valeura’s first organic gas development in the Gulf of Thailand and reached FID less than 14 months after the companies established their partnership. The field’s reservoirs, divided into multiple fault-block compartments, have geological similarities to […]
State-owned Nigerian National Petroleum Company Ltd (NNPC) is actively inviting investors for a planned $25-26 billion gas pipeline to Morocco and expects to start discussing a final investment decision (FID) on a separate line across the Sahara next year, CEO Bashir Bayo Ojulari said. The ultimate destination of the Nigeria–Morocco Gas Pipeline (NMGP) and the […]
Harbour Energy averaged a record 501,000 boed over the first nine months of the year, up 6 percent from a year earlier, and lifted full-year production guidance to 500,000-505,000 boed from 490,000-500,000 boed on strong operational performance and the integration of LLOG in the U.S. and Waldorf in the UK. Third-quarter production was 484,000 boed, […]
MidOcean Energy will participate in Phase 2 of the LNG Canada project through its partnership with PETRONAS following a final investment decision (FID) by the project’s joint venture partners. Phase 2 will add two liquefaction trains at LNG Canada’s facility in Kitimat, British Columbia, doubling production capacity from 14 million tonnes per annum (MMtpa) […]
ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) for the Umm Shaif Gas Cap development offshore Abu Dhabi, advancing a major natural gas project expected to deliver more than 600 MMscfd of natural gas and associated gas liquids by 2030. The project, located within the Umm Shaif and Nasr offshore concession, will be developed by ADNOC Offshore, […]
Delfin Midstream has advanced development of its second floating liquefied natural gas (FLNG) vessel offshore Louisiana by bringing in MidOcean Energy as a strategic partner and authorizing procurement of long-lead equipment ahead of a targeted final investment decision (FID) later this year.
Equinor and its partners have submitted a proposed environmental impact assessment (EIA) program for the Wisting development in the Barents Sea, marking another step toward a potential final investment decision on Norway’s largest undeveloped oil discovery.
The Exxon Mobil Corp-led PNG LNG joint venture on Tuesday announced a final investment decision (FID) to proceed with a tie-in project to unlock more feed gas for the liquefaction facility in Papua New Guinea
Petrobras has approved the final investment decision (FID) for the SEAP I project in Brazil’s Sergipe-Alagoas basin, marking a key step in developing a new offshore oil and gas frontier in the country’s northeast.