Woodside backs FLNG for Browse

Australia's Woodside Petroleum announced that it will recommend using Shell's floating LNG (FLNG) technology to develop and commercialize the Browse gas fields.

Selecting FLNG as the development concept requires the approval from the joint venture before progressing through to the design phase.

In April, Woodside announced it would not proceed with an onshore development at James Price Point in northwestern Australia, saying that the concept did not meet its commercial requirements for a positive final investment decision. Prior to backing FLNG, Woodside said it had considered other development concepts including a pipeline to existing facilities in the Pilbara and a modified option in the Kimberley.

Woodside is the operator of the East and West Browse joint ventures. It holds a 34% equity interest in the East Browse joint venture and a 17% equity interest in the West Browse joint venture. Its partners include Shell, BP, Japan Australia LNG (MIMI Browse) Pty Ltd, and  PetroChina International Investment (Australia), which recently picked up BHP Billiton's 8.33% interest in the East Browse Joint Venture and 20% interest in the West Browse Joint Venture.

Current News

UK Bags $10B Japanese Investment for Offshore Wind and Hydrogen Projects

UK Bags $10B Japanese Investme

Staatsolie Takes Back Offshore Oil Block in Suriname as Hess Exits

Staatsolie Takes Back Offshore

With 'Indication of Interest', Argeo Suspends Bankruptcy Decision

With 'Indication of Interest',

Empire Energy, Ellevo Set Up Joint Offshore Wind Lifting and Transport Unit

Empire Energy, Ellevo Set Up J

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine