Maybe the recent agreement with Woodside Energy could help balance the books later in the year?
Woodside Energy recently merged with BHP's divested oil & gas assets, and got EPA approval to renovate & expand the Karratha Gas Plant yesterday. The aging 30 year old Karratha plant had reports of major corrosion issues & maintenance last year.
No financial advice intended. Anyone thing there is some good news from 3MF about helping Woodside with their $16 billion renovations? Sounds like some serious money involved & should keep 3MF busy for the next few years.
A $16.5 billion plan to develop the Scarborough gas field and Pluto Train 2 has been approved by Woodside Petroleum, the biggest LNG investment sanctioned in WA in a decade. Woodside announced a final investment decision to the ASX after the close of trading today, estimating a cost of $US12 billion, and with gas production expected in 2026.
3MF Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
