My industry experience is pretty stale, but I participated and/or observed enough projects to know that there is in reality projects progress in a wide variety of ways to suit the particular challenges, and to suit the styles of key players.
In this case I’d say locking onto a particular FPSO long before FID would be likely. Getting a drilling rig lined up might be another,. You can use your imagination.
Ann: Corporate Presentation, page-62
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