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" ... "Put it all together, and we expect global FID volumes in 2019 to triple over last year, and 2019's megaproject awards could lead to billions of subcontracting dollars in coming years," Islam adds. (see investment volume chart above) ... "
" ... Aside from the potential for catastrophic environmental damage, Gorgon is risky for another reason. Investing $25 billion (Chevron's half) in a megaproject planned and built over ten years is very different from making a $25 billion acquisition of another company. In an acquisition you know--hopefully--what you're getting, and you're pinpointing the cost on the day the deal is signed. With Gorgon, on the other hand, lots of things have changed since the first shovelful of dirt was turned in 2009. ... "
" ... But Spain is not the only nation with a hydrogen megaproject. ... "