RE:RE:TotalEnergies committed to Papua LNGThe thought has come to mind that perhaps PNG is a bit of a headache for them to run, which is the source of the desire to spin it off and somehow get rid of it.
Without rig contracts they can't get much for it as the value of their services operation is unlikely to be large.
That might have been their thinking re: PNG
It seems the pot of gold at the end of the rainbow (rig contracts), always seems to be just beyond reach, moving farther away again each time we seem close.