BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 3.Jun.2026, Words: 280) — Caliche Development Partners III, through its subsidiary Golden Triangle Storage, LLC (GTS), achieved a final investment decision (FID) on the first phase of its Spindletop expansion project in Beaumont, Texas. The decision by Caliche, a Sixth Street portfolio […]
Tag: FID
Perenco finds more gas in Onyx field offshore Trinidad
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 15.May.2025, Words: 624) — Perenco T&T Limited successfully drilled the Onyx well and sidetrack in the eastern part of the Onyx field. The 2 legs encountered significant columns of natural gas in 2 separate geological compartments. The subsurface information is currently under […]
Ecopetrol eyes Gato do Mato production offshore Brazil in 2029, reserve incorporations in 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 275) — Colombia’s state-owned Ecopetrol SA expects its Gato do Mato project offshore Brazil in the Santos Basin to start production in 2029. The Gato do Mato development plan includes installation of a floating production, storage and offloading (FPSO) vessel […]
Canadian Government Reveals up to $200mn in Support for 3.3 MTPA Cedar LNG
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 21.Mar.2025) — Canada’s Minister of Energy and Natural Resources Jonathan Wilkinson, on behalf of the Minister of Innovation, Science and Industry Anita Anand, announced a contribution agreement under the Strategic Innovation Fund (SIF) of up to $200mn for the Cedar LNG project. Cedar […]
Baker Hughes Eyes 100 MTPA of FIDs in 2024-2026
HOUSTON, TEXAS (Energy Analytics Institute, 30.Jan.2025) — Baker Hughes expects 100 million tonnes per annum (MTPA) of final investment decisions (FIDs) between 2024-2026, according to the company’s chairman and CEO Lorenzo Simonelli. This level of activity would increase global capacity and supports Baker Hughes’s long-standing forecast of 800 MTPA by […]
Petronas Takes FID for Hidayah Development Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Petronas subsidiary PC North Madura II Ltd., reached a final investment decision (FID) for the Hidayah field the development, located in the North Madura II Contract Area, East Java, Indonesia. PC North Madura II Ltd. operates Hidayah with 100% participating interest […]
Staatsolie eyes raising $2.6bn to enter GranMorgu project offshore Suriname
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 2.Jan.2025, Words: 1,451) — Staatsolie Maatschappij Suriname N.V. plans to participate in the $10.5bn GranMorgu project in Block 58 with up to a maximum of 20% interest. And, as part of this decision, Staatsolie looks to procure its estimated commitment to the […]
Tennessee Gas Pipelines Reaches $1.4bn FID on MSX Project
(Steve Stewart, Energy Analytics Institute, 19.Dec.2024) — Kinder Morgan, Inc. subsidiary Tennessee Gas Pipeline, L.L.C. (TGP) will move forward the $1.4bn Mississippi Crossing Project (MSX Project) after securing long-term, binding transportation agreements with customers for all the capacity. The MSX Project is designed to move up to 1.5 billion cubic […]
Shell Announces FID for Silvertip Phase 3 in US GOM
(Energy Analytics Institute, 12.Dec.2024) — Shell plc subsidiary Shell Offshore Inc. announced a final investment decision (FID) on the Phase 3 Silvertip project in the US Gulf of Mexico (GOM). The project will deliver two wells to boost production at the Shell-operated Perdido spar, Shell announced 12 Dec. 2024 in […]
Texas LNG Selects Kiewit as EPC Contractor for 4 MTPA Brownsville Facility
(Pietro D. Pitts, Energy Analytics Institute, 4.Nov.2024) — Texas LNG Brownsville LLC subsidiary of Glenfarne Energy Transition, LLC selected Kiewit, through its subsidiaries Kiewit Engineering Group Inc. and Kiewit Energy Group Inc., to lead the engineering, procurement, and construction (EPC) of the proposed Texas LNG 4 million tonnes per annum […]
Enbridge Sanctions Pipelines to Support bp’s New Deepwater US GOM Development
(Enbridge, 3.Oct.2024) — Enbridge Inc. will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production Company (“bp”). The crude oil pipeline, named the Canyon Oil Pipeline System, will be a combination of 24″ and […]
Shell Poised to Add Pipeline Capacity in US GOM
(Shell Pipeline Company, 3.Oct.2024) — Shell Pipeline Company LP announced the Final Investment Decision (FID) for the Rome Pipeline, an offshore pipeline construction project increasing access between Shell’s Green Canyon Block 19 (“GC-19”) pipeline hub platform and the Fourchon Junction facility on the Louisiana Gulf Coast. The pipeline will bring […]
Shell Invests in Water Injection at US GOM Field
(Shell, 14.Aug.2024) — Shell Offshore Inc., a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on a ‘waterflood’ project at its Vito asset in the US Gulf of Mexico. Water will be injected into the reservoir formation to displace additional oil. The process is due to begin in […]
Energy Chamber Welcomes Manatee FID
(Energy Chamber, 9.Jul.2024) — The Energy Chamber of Trinidad & Tobago warmly welcomes the news that the final investment decision (FID) has been taken by Shell for the development of the Manatee field. This is a very significant development for Trinidad & Tobago and will help create stability for the country’s […]
TotalEnergies Takes FID for Atapu-2 and Sépia-2 Oil Developments
(TotalEnergies, 27.May.2024) — TotalEnergies, together with the operator Petrobras and their partners in the Atapu and Sépia consortiums, have taken the Final Investment Decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil. The Atapu field has been producing since 2020 […]
Upstream FIDs to Rise in 2024, with focus on Deepwater Resources
(WoodMac, 14.Mar.2024) — Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie. The Wood Mackenzie report “Class of 2024: benchmarking this year’s upstream FIDs” states […]
![Woodside makes $7.2bn FID for Trion offshore Mexico [PDF download]](https://energy-analytics-institute.org/wp-content/uploads/2022/04/woodside.jpg)
Woodside makes $7.2bn FID for Trion offshore Mexico [PDF download]
PERTH, AUSTRALIA (By Woodside, 20.Jun.2023, Words: 257) — Woodside has made a final investment decision to develop the large, high-quality Trion resource in Mexico. The expected returns from the development exceed Woodside’s capital allocation framework targets and deliver enduring shareholder value. First oil is targeted for 2028. The development is subject to […]
SEOGS2021 Highlights : Day 1
(Energy Analytics Institute, 1.Jun.2021) — Select highlights from 1 June 2021 from the Suriname Energy, Oil and Gas Summit or SEOGS2021, and speakers from President Chandrikapersad Santokhi to Staatsolie CEO Annand Jagesar follow. Select highlights from the Suriname Energy, Oil and Gas Summit or SEOGS2021, which was held virtually from […]
Sempra Announces FID Of Costa Azul LNG Project
(Sempra Energy, 17.Nov.2020) — Sempra Energy announced that its subsidiary ECA Liquefaction (ECA LNG), a joint venture between Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has reached a final investment decision (FID) for the development, construction and operation of the ECA LNG Phase 1 natural gas liquefaction-export project […]