Fid News


US Offshore Wind Pushing Forward, But Short-term Cost Concerns Linger

Mar 06, 2023

As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment.As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing…

Alex Doering Promoted to CFO at Carnarvon Energy

Mar 03, 2023

The Australian oil company Carnarvon Energy has named Alex Doering its Chief Financial Officer (CFO), effective June 1, 2023.Doering is the current Financial Controller at Carnarvon and Joint Company Secretary, and has been with the company…

Brazil: No Gato do Mato Offshore Field FID in Next 12-24 Months, FPSO Firm Says

Nov 21, 2022

Shell's Brazilian subsidiary Shell Brasil Petróleo will not be making final investment decision (FID) on its Gato do Mato oil and gas field development offshore Brazil within the next 12 to 24 months. This is according to FPSO leasing firm BW…

Aker Solutions and Siemens Energy Win Norfolk Offshore Wind Project Work

Oct 03, 2022

Vattenfall has granted Aker Solutions and Siemens Energy consortium a limited notice to proceed contract for the Norfolk Boreas offshore wind project off the coast of Norfolk, UK.Under the agreement, Aker Solutions and Siemens Energy will provide…

TotalEnergies Reaches FID for Fenix Gas Project Off Argentina

Sep 19, 2022

French supermajor TotalEnergies has approved the final investment decision (FID) for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.Through its Total Austral affiliate, TotalEnergies operates the project with a 37…

Allseas Taps DEME, Van Oord for Offshore Pipeline Project in Australia

Sep 12, 2022

Belgium-based offshore installation firm DEME and Dutch maritime services firm Van Oord have been awarded a contract from Allseas in support of Santos' Darwin Pipeline Duplication Project, located offshore Northern Australia.  The joint venture…

Carbon Capture & Storage: Santos Reaches FID on Darwin Pipeline Duplication Project

Aug 29, 2022

Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…

No Dorado FID in 2022, Carnarvon Energy Says

Aug 17, 2022

Dorado, one of the largest ever oil discoveries in Australia’s North Western Shelf, is going to wait some more to produce first oil, as Carnarvon Energy, a partner in the Santos-operated project, said Wednesday that the final investment decision for the project would not be made in 2022…

Delfin Seeks More Time to Build US Gulf of Mexico LNG Export Plant

Jul 22, 2022

U.S. liquefied natural gas (LNG) developer Delfin LNG has asked federal regulators to extend the amount of time it has to put the onshore part of its proposed Gulf of Mexico floating LNG export project off Louisiana into service until September 2023…

Intelatus Provides Snapshot of U.S. Offshore Wind Industry Progress

Jul 06, 2022

The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…

US Offshore Wind Segment Showing No Signs of Slowing Down

Jun 01, 2022

The U.S. offshore wind segment shows no signs of slowing on its journey to deploy 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Based on current project activity we anticipate around 60 GW of offshore wind capacity to be installed by 2035…

Navitas to Become Operator of Sea Lion Development Offshore Falkland Islands

Apr 19, 2022

Navitas Petroleum has agreed to farm into the Sea Lion oil field development project offshore the Falkland Islands.  In January 2020, Premier Oil, as the Sea Lion operator, and Rockhopper, as the partner in the project, signed non-binding heads of terms with Navitas Petroleum…

Talos Disappointed as Pemex Gets to Run Development of Giant Zama Offshore Oil Discovery

Mar 28, 2022

Mexican authorities have decided that Mexico's national oil company Pemex will become the operator of the giant Zama offshore field development, despite the fact that the discovery was made by the U.S. oil company Talos Energy back in 2017.Talos…

Norway: Shell Given OK for Knarr FPSO Removal

Mar 24, 2022

Oil major Shell has received regulatory approval for the removal of the Petrojarl Knarr FPSO and seabed structures on the Knarr field, offshore Norway.Discovered in 2008, Knarr is a field in the northern part of the North Sea, 50 kilometers northeast of the Snorre field…

Subsea 7 Nets Krafla FEED. Eyes Large EPCI Deal after FID

Mar 04, 2022

Norwegian oil and gas company Equinor has awarded Subsea 7 a front-end engineering and design (FEED) study for the marine installations associated with the Krafla development project, offshore Norway.The awarded work is required to finalize…

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