Oil & Gas and Petrochemical
Contracting Strategies for Large Energy Projects Introduction Large energy projects, such as we know in oil & gas, Petrochemical, and renewable require significant investments. Highly complex due to long execution timelines and large supply chain with as much as 250 stakeholders. Selecting the right contracting strategy is one of the most critical decisions in the […]
Understanding the Energy Project Lifecycle Introduction The project lifecycle provides a clear structure for managing projects, ensuring that all aspects are properly planned and executed. This helps in avoiding confusion, maximizing efficiency, and minimizing risks. Knowing all these steps is crucial to anticipate when one should start to be involved in a project. The right […]
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 […]
