Falkland Islands
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First oil is expected from phase one of the project in 2028, with up to four more phases planned. -
Operator will not participate in Sea Lion project in the Falkland Islands.
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The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power?
