shell on board means cost and time savings with their 15 yrs 4.5bils$ malampaya operation and experienced in the area. These along are more than enough to say that nido/kik are also in good deal. shell might look in the upper but really aligning with them and looking at their expenditure and experienced can place nido/kik in comparable. all good deal and win win here to me, IMO.
shell on board, page-24
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