Karoon still courting farm-in partner to expedite FID for its Neon oil field
Australian oil and gas company Karoon is still courting a farm-in partner for its 100% owned Neon oil field in the Santos Basin, offshore Brazil, as it considers FPSO options and the possibility of drilling another well to de-risk the prospect.
The company has carried the blocks containing two oil fields, Neon and Goia, to a development and production phase but also extended a final investment decision initially targeted for last year to 2019.
Last week Karoon said the development plan...