RE: Times are a changing6 Mar 2022 14:47
"I worked for PMO for 3 years....................."
Clearly getting oil from under the sea in a remote location with hostile neighbours, and until a few months ago, oil facing the rapid end of its useful contribution to humanity, etc., etc., IS a challenge - I think most of us get that.
So why did PMO spend so much and for so long on preparing for what you say is an impossibly challenging lost cause?
Why did TD tell us in about 2018, that FID was going to be in a few weeks, before yet another banana skin was thrown down for everyone involved to slip on?
Post COP26 and now the sudden realisation that the eco-wizards got their global energy supply/demand sums wrong.
Russia reminding everyone else to get their energy independence sorted PDQ (for those lucky enough to be able to do it) Ordinary folk suddenly experiencing the economic realities of a global energy shortage, down to the price of the tin for their baked beans, and the jar/bottle for their jam/booze, and the price of a loaf of bread, and you say the prospects for SL don't look much better, PLUS the FI in need of £Billions to rebuild, improve and maintain the Islands' dilapidated infrastructure.
In the end, it all boils down to money and even if current PoO doesn't continue indefinitely, most now realise that without cheap oil for decades, we're at least as buggered as we will be by the inevitable climate change.
Not much of a choice, except that the profits to be made from the FI can no longer be ignored, as long as those involved learn to work together (e.g. FIG taxes/Royalties) and get on with it.
Eff Me mate, where are you living at the moment?