OPERATIONS

Karoon's deferred FPSO shutdown signals positives

AUSTRALIA and Brazil duo-listed oil producer Karoon Energy will push back its plan to shut down FPSO in the Bauna and Patola fields offshore Brazil for maintenance from this July to the third quarter of the financial year 2024.

Yiying Li

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The oil and gas producer told the market on Monday the decision was made to minimise production disruption and followed an extensive six-week inspection and maintenance program in May. As the sole...

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