Woodside: Browse concept definition in 3Q. First FPSO to be ready in 2026

Australia’s Woodside is set to start working on the concept selection for the development of its long-delayed Browse offshore gas development in Australia.

Woodside: Browse FPSO concept definition in 3QThe Browse project aims to bring online the Brecknock, Calliance and Torosa fields offshore W. Australia containing gross contingent resources (2C) of 15.4 trillion cubic feet of dry gas and 453 million barrels of condensate).

Woodside had planned to develop the fields using three separate Floating LNG units, however, the company in 2016  stopped the FLNG project citing “current economic and market environment.“

The company has recently revealed it is leaning towards the development using two gas Floating Production Storage and Offloading Units (gFPSO) delivering around 10 mtpa of gas to NWS infrastructure by an approximately 900 km pipeline.

In a recent investor presentation, Woodside said the two FPSOs would be connected to the North Rankin Complex, from where the gas would be shipped via a 900 km pipeline to the Woodside-operated North West Shelf infrastructure.

The Browse Joint Venture received a non-binding tolling proposal from the NWS Project to process Browse gas through existing infrastructure. Commercial discussions and joint technical studies are progressing between the two parties.

In its presentation, Woodside has said that the concept definition would begin in the third quarter of the year. FEED entry is slated for 2019, with the final investment decision expected in 2021.

According to Woodside’s timeline, the Calliance and Brecknock fields are expected to be ready for start-up in 2026, with 2027 targeted for the Torosa field.

Woodside expects the Browse JV will reach agreement on non-binding key tolling terms by end June 2018 with NWS JV.

The whole development is expected to cost some $20 billion.

Woodside is the operator of the project with a 30.60 percent interest. Shell owns 27 percent; BP 17.33 percent Japan Australia LNG (MIMI Browse) 14.4 percent, and  PetroChina International Investment (Australia) Pty Ltd. 10.67 percent.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply