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The success of developing an offshore field requires selecting the best development option dictated by the realities of the potential resource base. The development option is directly affected by the location, which includes existing infrastructure, water depth, resource size (volumes and density) and expected production rates, along with local requirements for project development. Other key criteria include expected life of the field, timeframe of licensing, export options, and partner experience and preferences. All of these criteria are critical to the selected development option.
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