Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028
Green Car Congress
JUNE 23, 2023
First oil is targeted for 2028. Trion was discovered in 2012 by PEMEX. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. The investment is expected to deliver an internal rate of return (IRR) greater than 16% with a payback period of less than four years.
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