RE: Even i think this will get the green light13 Sep 2024 15:48
the sp****ly populated falkland islands has sought to tap its offshore oil and gas for decades. once-costly south atlantic operating conditions and lingering hostility from nearby argentina that has long-claimed sovereignty over the archipelago repeatedly dashed local expectations for a fossil-driven windfall.
both of those constraints have now eased. offshore operating costs have fallen, reflecting the proliferation of floating production, storage and offloading vessels, according to uk consultancy woodmac. navitas has signalled that it is already working to line up an fpso for the first two phases of development that would peak at 55,000 barrels a day of crude production. in subsequent development phases, the company could deploy up to three fpsos to produce 200,000 b/d.
i can’t imagine 200k p/d !!