05-22-2014, 02:02 PM
Woodside top management are a bunch of dorks.
How can they say that they see sovereign risk when it comes to PNG but offshore Israel was not too risky for them to invest?
They walked away from Levithan because the plan is now to pipe gas onshore instead of spend 10's of billion$ more for an overpriced LNG plant?
So now they'll develop Browse with a gigunda FLNG that's based on unproven Shell technology?
This is the same bunch of Shell guys who lost their shirts on the Pearl Gas-to-Liquids plant in Qatar using unproven technology.
Michael Hession was smart to leave Woodside and join IOC where he can make decisions and implement them.
At Woodside, all he could do was make plans and then watch them go down in flames.
NEXT ISSUE ... Outcome of Paris discussions among IOC/TOT/OSH.
Words continue to spew from all players that earliest possible monetization of PRL 15 gas is the desired outcome.
That can only happen if the gas goes to PNG LNG Trains #3 and #4.
BAM!
Mr Kavo will wait for Triceratops gas
How can they say that they see sovereign risk when it comes to PNG but offshore Israel was not too risky for them to invest?
They walked away from Levithan because the plan is now to pipe gas onshore instead of spend 10's of billion$ more for an overpriced LNG plant?
So now they'll develop Browse with a gigunda FLNG that's based on unproven Shell technology?
This is the same bunch of Shell guys who lost their shirts on the Pearl Gas-to-Liquids plant in Qatar using unproven technology.
Michael Hession was smart to leave Woodside and join IOC where he can make decisions and implement them.
At Woodside, all he could do was make plans and then watch them go down in flames.
NEXT ISSUE ... Outcome of Paris discussions among IOC/TOT/OSH.
Words continue to spew from all players that earliest possible monetization of PRL 15 gas is the desired outcome.
That can only happen if the gas goes to PNG LNG Trains #3 and #4.
BAM!
Mr Kavo will wait for Triceratops gas
Drivel Maven with Personality