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Ann: Robust development economics for SNE oil field, Senegal, page-7

  1. Ya
    6,809 Posts.
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    They r purchasing an FPSO instead of leasing one. This is news. Happened on 25th Oct as per the slideshow.

    This has happened at Jubilee in Ghana & Peregrino (brazil) when the respective Operator's bought the FPSO after year-1 of production.

    Which is why total Capex has gone up to USD3700+500=4200mil, including contingencies. FAR's net share is 574mil.
    Slide# 8. 9 & 16 are well laid out explaining this scenario.

    ------

    Modec provided the FPSO's for Jubilee & TEN in Ghana and were awarded the contract for SNE.
    https://www.modec.com/news/2019/20190225_pr_woodsidesne_en.html
 
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