No profit, falling production, inadequate maintenance, a safety plan in limbo and a big clean-up if exploration fails: challenges aplenty at the Canadian company's only offshore facility.
No profit, falling production, inadequate maintenance, a safety plan in limbo and a big clean-up if exploration fails: challenges aplenty at the Canadian company's only offshore facility.
Mitsui operates the Waitsia gas field in the Perth Basin and together with fellow Japanese trading house Mitsubishi owns one-sixth of the North West Shelf LNG project and has an interest in Browse LNG.
TYO: 8031
Fortescue and Mitsui appear to have agreed massive emissions cuts with WA's environmental watchdog that is now looking at Woodside and Chevron LNG projects.
