Australia-based Karoon Gas expects to make a final investment decision by early next year on the development of the Neon and Goia shallow-water fields off Brazil, writes Fabio Palmigiani.
The company had originally eyed first oil from Neon in April 2021 through a small-sized floating production, storage and offloading vessel, but the timeline has now changed to 2023.
“We are currently receiving and analysing proposals from FPSO and subsea suppliers.
