Investment ImpactWindfall taxes have curtailed a significant amount of potential investment that could have created value for investors.
Operational IssuesThe key issue has been an extended shutdown at the Triton FPSO due to gas export compressor problems, shutting down all four fields that feed into the FPSO.
Production ChallengesAsset uptime is crucial due to high fixed costs, and current production is below historical levels, resulting in approximately $70M per year lower revenue.