I’m encouraged by the wording in this article. “The Dorado phase...

I’m encouraged by the wording in this article.

“The Dorado phase 1 development plan includes multiple production and injection wells, and a wellhead platform supplying an FPSO. Other discoveries in the area such as last year’s Pavo would be included within the area covered by the project proposal to sustain production through the offshore facilities.
The project developers have said that FEED studies are nearly complete, but they decided to delay issuance of the FID last year amidst rising costs and growing supply chain issues. But with the preliminary engineering work nearly complete, Dorado could get the FID anytime this year.”