British Shell Invests in Water Injection at the Vito Field in the Gulf of Mexico
Shell, the largest British oil company, announced that its subsidiary Shell Offshore Inc. has made a final investment decision (FID) on the flooding project at the Vito field in the Gulf of Mexico. The cost of the work was not disclosed. The process of pumping water into the reservoir to …
Total Rolls Yamal LNG FID Decision to Next Year
Total expects to take a final investment decision (FID) next year on the Yamal gas project in Russia, after initially expecting a decision before the end of this year, the French oil group said on Tuesday. “We anticipate to be in a position to take the FID next year if …
Shtokman FID Not Delayed but Further Economic and Technical Work Required, Framework Agreements Extended
Shtokman Development AG Board of Directors Set Priorities for Further Work on the Shtokman Project (Phase 1) The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on March 29, 2012. Based on the decisions of December meeting, the Board reviewed whole scope of issues …
“Shtokman Development AG” confirms the shareholders’ intention to make final investment decision (FID)
Head of “Shtokman Development AG” Structural Analysis and Regulatory Documents Development Department Timur Sabirzanov addressed a plenary session of the RAO / CIS Offshore conference in St. Petersburg. He noted that the Project cost assessment will be presented to the shareholders in October 2011. In December shareholders plan to adopt …