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HomeFID

FID

NextDecade
Energy Regulations

NextDecade takes FID on fourth Rio Grande LNG train

September 10, 2025 Mariel Alumit

NextDecade said late on Tuesday that it has closed financial transactions to fully fund Train 4 and related infrastructure, and issued a full notice to proceed to Bechtel for the unit. Train 4 has expected […]

Venture Global
Exports

Venture Global eyes FID on second CP2 phase in 2026

August 15, 2025 Mariel Alumit

Venture Global recently took FID on the first phase of its CP2 LNG project. First LNG from this phase is expected in late 2027. The company also closed the $15.1 billion project financing, claiming that […]

Venture Global
Exports

Venture Global takes FID on CP2 LNG

July 28, 2025 Mariel Alumit

Ventrue Global said on Monday that the transaction garnered “enormous” interest from the world’s leading banks, resulting in over $34 billion of commitments, and required no outside equity investment. According to the company, the lender […]

Cheniere
Big Oil Companies

Cheniere takes FID on two more Corpus Christi LNG trains

June 25, 2025 Mariel Alumit

Cheniere announced on Tuesday its decision to build Corpus Christi Midscale Trains 8 and 9, as well as the debottlenecking project. The CCL midscale trains 8 and 9 project is being built adjacent to the […]

Woodside
LNG

Woodside takes FID on $17.5 billion Louisiana LNG project

April 29, 2025 Mariel Alumit

Woodside announced the decision in a statement on Tuesday, saying that the company is targeting its first LNG in 2029. Development of Louisiana LNG will position Woodside as a “global LNG powerhouse”, enabling the company […]

Commonwealth LNG
Exports

Commonwealth LNG eyes FID in September 2025

February 17, 2025 Mariel Alumit

Commonwealth LNG announced on Friday it had received the conditional non-free trade agreement (non-FTA) export authorization from the DOE. Also, the LNG terminal developer separately received its draft supplemental environmental impact statement (SEIS) from the […]

German LNG Terminal
LNG

FID taken on German onshore LNG terminal

October 9, 2024 Stu Turley

“The FID was taken within the last two weeks,” a spokesman for German LNG Terminal told LNG Prime on Tuesday. The JV recently received planning approval from the local government. One of the requirements for […]

FID
Big Oil Companies

ExxonMobil Makes FID on 6th Project in Contested Guyana Asset

April 15, 2024 Mariel Alumit

Exxon Mobil Corp. has made a final investment decision (FID) for the Whiptail development offshore Guyana after receiving government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately […]

Mitsui
Finance

Japan’s Mitsui decides to develop Vietnam gas field for $740 million

March 29, 2024 Mariel Alumit

TOKYO: Japanese trading house Mitsui & Co said on Friday it has reached a final investment decision to develop Vietnam’s Block B gas field, with its share of development cost of about $740 million. The […]

Oil
Crude Oil News

Oil Majors Set To Sanction $125 Billion Upstream Projects in 2024

March 18, 2024 Mariel Alumit

International oil and gas majors and the Middle East’s national oil companies are expected to give the green light this year to up to 30 projects, worth a total investment of $125 billion and holding […]

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