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Proposed windfall tax change: a blow to Romanian gas production
The Romanian Parliament will soon make a final decision on the controversial change to gas windfall tax. If enacted, this will be the largest tax c...
PTTEP1 (Suphan Buri Area)
The PTTEP1 concession, or Suphan Buri Area, is a small onshore oil field development that was formerly known as BP1. The produced crude is transpor...
Q1 2022 pre-FID upstream project tracker: Year starts with FIDs in the Middle East and Uganda
2021 ended with 30 major project FIDs. Noteworthy towards end of the year were the Scarborough project in Australia and deepwater projects in Brazi...
Q2 2022 pre-FID upstream project tracker: Guyana sanctions largest project yet
Oil projects continue to be greenlit by companies in 2022. In all, over 11 bnboe has been approved for investment this year - over 90% of which is ...
Q3 2022 pre-FID upstream project tracker: Jackdaw is the first FID in the UK since 2019
Shell was given approval to develop the Jackdaw field in the UK Central North Sea. The uHP/HT gas field will be developed via a wellhead platform a...
Q3 2023 pre-FID upstream project tracker: Trion becomes Mexico’s first deepwater field to take FID
Eighteen major projects have been sanctioned to date in 2023. In this quarter, Woodside announced FID on its Trion project, becoming Mexico’s first...
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