Australia-based Karoon Gas is fast-tracking an ambitious shallow-water development off Brazil, with plans to launch a tender as early as next year for the charter of a mid-sized floating production, storage and offloading vessel.
According to well-informed sources, Karoon has already started notifying floater specialists of its intention to contract an FPSO with capacity to produce between 40,000 and 80,000 barrels per day of oil.
The
