04-15-2015, 07:18 AM
From today's conference call:
-
First 5% option for additional interest in the Solwara 1 Project by the State -- June 11, 2015
- Note: if PNG elects not to take this 5%, they are disqualified from taking the next two 5% options
- Delivery of AC, BC and CM -- Q4 2015
- Delivery of Riser and Ancillary Equipment -- Q4 2015
- Vessel basic design completed -- H2 2015
- Vessel steel cutting -- H2 2015
- Commence wet testing of SPTs -- H1 2016
- Vessel detailed design completed -- H1 2016
- Vessel keel laying -- H1 2016
- Delivery of Subsea Pump -- H1 2016
- Vessel launch -- H1 2017
- Vessel delivery -- End 2017
- First production -- Q1 2018