ConocoPhillips is thinking big
ConocoPhillips has revealed ambitions to use its Poseidon gas discovery in the Browse Basin to underpin a multibillion-dollar expansion of its Darwin LNG plant.
American oil giant ConocoPhillips aims to use its Poseidon gas discovery in the Browse Basin to underpin a multibillion-dollar expansion of its Darwin liquefied natural gas plant and has a floating project as a fallback in case the deposit is not large enough.
The big plans for Poseidon, outlined yesterday by one of the US company’s most senior executives, will be warmly welcomed by Karoon Gas Australia , Conoco’s partner in the field.
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