Karoon greenlights Patola field development

KAROON Energy has taken a final investment decision on its Patola field in the Santos Basin offshore Brazil, which is beside its producing Bauna field.

Karoon greenlights Patola field development Karoon greenlights Patola field development Karoon greenlights Patola field development Karoon greenlights Patola field development Karoon greenlights Patola field development

First oil planned for 2023

Development will cost an estimated $175 million- $195 million. 

To date Karoon has spent under a tenth of that to ensure long lead items are available.