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conceptual study

Definition FID is in the Oil & Gas and Petrochemical industry the acronym of Final Investment Decision. Comments FID must not be confused with FEED which is another acronym commonly used also in the  Oil & Gas and Petrochemical industry and stands for Front End Engineering and Design. Anyway both are in close connection since the FEED prepares the […]

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Statoil validated concept for $4 billion Dagny and Eirin oil and gas fields development       Partners and actual interests in Dagny are split between:  – Statoil 58.5%  – ExxonMobil 33%  – Total 6.5%  – Det norske oljeselskap 2%. The final distribution of ownership interests will be subject to negotiations in the period leading up to […]

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