Reading STO's Investor Day presentation today it refers to Dorado being "FID ready" in 2024. What does this actually mean? Does it mean they have everything lined up for FID but will not pull the trigger until.....? Maybe they need Barossa to be finally approved before they announce Dorado FID. Interestingly STO refers to more exploration for gas to support 2nd phase of Dorado/Pavo ie gas. This could be the more longer term future for the Bedout and a nice little earner for us.
STO affects on CVN, page-49
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