oil and gas
The independent Texas-based company Next Decade LLC (NextDecade) started the pre-filling process in view to obtain the Federal Energy Regulatory (FERC) approval for its liquefied natural gas (LNG) Rio Grande LNG export terminal project to be located at the Port of Brownsville on the Texas Gulf Coast, at the boarder between Mexico and USA. NextDecade […]
Final Investment Decision Definition The Final Investment Decision is the crucial moment of a project lifeycle when the Operator decide to commit on moving forward with the execution of the project. Final Investment Decision is a formal and binding decision to invest capital and begin detailed engineering, construction and comissioning. Final Investment Decision can often […]
A pool of international and national oil companies (IOCs) and (NOCs) involving BP, Eni, Equinor, Occidental Petroleum (Oxy), Shell, Total and Lotte Chemical are mobilizing their competences and financial capacities to develop a large scale carbon capture usage and sequestration (CCUS) named BP Net Zero Teesside Blue Hydrogen at one of the largest industrial area […]
The Netherlands’ independent green fuel company, SwitcH2, and the independent floating production storage and offloading (FPSO) vessel engineer and operator, BW Offshore, are considering developing the SwitcH2 NH3 OFFSET FPSO Green Ammonia, a green ammonia floating production unit. The Dutch government plans to reduce by 2030 its carbon dioxide (CO2) emissions by 45% compared to […]
Shell HI OML 144 platforms is on its way to first oil. The international oil company (IOC) Shell and the Nigerian independent company Sunlink Petroleum Limited (Sunlink) are willing to proceed on fast-track to develop shallow water HI offshore project in Nigeria.Located in the OML 144 Block, the gas field HI is estimated to hold: […]
The Saudi Arabian national oil company (NOC), Saudi Aramco, is planning to develop the Aramco Jubail Accelerate Carbon Capture and Storage (ACCS) Phase 1 project, a large CCS hub to be situated at Jubail Industrial City, in Saudi Arabia. The Saudi Arabian government fixed a zero carbon dioxide (CO2) emissions target for 2060.In 2021, Saudi […]
Spain, France and Portugal governments are considering developing the Enagas Spain France BarMar H2Med Hydrogen Pipeline, also known as H2Med of Bar Mar, a subsea hydrogen and gas pipeline between Barcelona, Spain and Marseille, France. After Russian invasion in Ukraine, Europe decided to boost its energy dependency through its RePowerEU.The BarMar pipeline is presented as […]
The international oil company (IOC) Total Energies (Total) and its partner the independent US-based Apache are gearing up in the development of the TOTALENERGIES SURINAM BLOCK 58 GRANMORGU FPSO. Block 58 is located offshore Surinam with a floating production storage and offloading (FPSO) vessel. Surinam is neighboring Guyana in South America where the other IOC […]
