FID
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First oil from Beacon Offshore’s Shenandoah is on track for the second quarter of 2025. Project partners also have sanctioned a second phase of development and are advancing plans for a related project. -
Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE.
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The $10.5 billion deepwater project is expected to start production in 2028 as the country’s first offshore development.
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New deal will help fund Cheniere’s Sabine Pass Expansion Project and add 7 mtpa of LNG capacity to the Louisiana plant.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
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Early commitment to new energy projects can jeopardize their chances of success. Understanding and mitigating the risk of these projects is key to their success.
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The deal for 1 mtpa results in the planned initial phase of Port Arthur LNG plant being fully subscribed.
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Financially healthier than in years past, operators are prepared to stave off the negative impacts of volatile oil markets in 2019 and advance their exploration and development programs.
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The number of delayed projects getting final investment approvals is rising, but the number not clearing that tough bar is rising as well.
