The Ubon gas and condensate project is in the early stages, but well-placed sources said the US supermajor is running the slide rule over several development concepts.

One of the options is for a floating production, storage and ­offloading vessel allied with a wellhead platform, another is for a wellhead platform and floating storage and offloading vessel, and a third option is for a central processing platform and possibly a small platform and FSO.

Sources