FAR 4.00% 52.0¢ far limited

Ann: Annual General Meeting Presentation, page-61

  1. 13,982 Posts.
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    Its a complex business DB, the JV looked at lease vs buy in the FEED process and decided buying was the best outcome for the project.

    Each FPSO is different - water depth, injectors, mooring type, capacity, liquid vs gas or both etc and in the table below you can see capital costs range up to $7B and as low as $660M conversion

    1.1B looks not so expensive in the overall scheme of things considering the water depth and oil+gas capability.

    Study from 2018
    https://hotcopper.com.au/data/attachments/2185/2185309-38b11d9e35d3b496b43f50e3c091813d.jpg

    https://hotcopper.com.au/data/attachments/2185/2185312-efcbccc92873e37233d7b65c2a610a91.jpg

 
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