It's complicated.
- T/P were sold last year to a consortium called Neptune Energy by Engie (formerly GDF Suez with 60% in T/P).
Neptune r now the Operator & would b looking at both options of development, ie FLNG or piping the gas somewhere. If its FLNG then the gas will probably go to the Asian mkt. Its still early days on how this evolves, mayb some time in the next decade. COP are not involved in this, so could charge tolling fees if there's spare room on the train at DLNG or build a new one depends on the gas quality etc etc.
- Same goes for ENI's Evans Shoal. They hold 65% after buying Shell's 32.5% interest in 2017 & with Petronas & Osaka onboard may b working towards some sort of Development plan. Dont know how this will pan out.
- C/L fields don't have Conoco onboard, however Crown is an extension of COP's Proteus field next doors in the Browse. IMO these fields should b combined as 1 development alongwith Torosa. But it all comes down to the numbers of Heads onboard the JV (5 to 6 or more) & getting them to agree on a Commercial plan. Prime example is WPL's Torosa who r now working towards piping the gas to the Shelf & getting their JV partners on both sides of the fence to agree (field & plant). Definitely one for the next decade perhaps.
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- Ann: 2018 Fourth Quarter Activities Report
It's complicated. - T/P were sold last year to a consortium...
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Price($) | Vol. | No. |
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