Woodside, as 0perator of the North West Shelf (NWS) Project, advises that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gasoline manufacturing. Woodside CEO Peter Coleman stated the undertaking has been delivered $630 million beneath the anticipated value of roughly $2.zero billion (100% foundation) and 6 months forward of schedule. The undertaking crew has carried out an impressive job executing and delivering GWF-2, which represents the following section in gasoline provide to the NWS Goodwyn A platform, extending the lifetime of the Karratha Gas Plant and contributing to Woodside reaching focused manufacturing of 100 MMboe in 2020. Woodside stated: “This success has been achieved by combining the 2 GWF-2 drilling campaigns, accelerating undertaking work packages and collaborating carefully with our contractors. “The capabilities demonstrated on the GWF-2 Project can be carried ahead as we embark on our subsequent section of development, together with our proposed developments of the Scarborough and Browse offshore gasoline sources.” The Scarborough and Browse initiatives are a part of our imaginative and prescient for the Burrup Hub, which might unlock the longer term worth of the Karratha Gas Plant and Pluto LNG,” he stated. The GWF-2 Project is positioned in Commonwealth waters roughly 135 km north-west of Dampier and consists of eight subsea wells from six offshore fields (Keast, Dockrell, Sculptor, Rankin, Lady Nora and Pemberton), tied again to the present Goodwyn A platform by a 35 km corrosion resistant subsea pipeline. The remaining funding resolution on the undertaking was taken in December 2015. The NWS Project members are: Woodside Energy Ltd (Operator, 16.67%); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67%); BP Developments Australia Pty Ltd (16.67%); Chevron Australia Pty Ltd (16.67%); Japan Australia LNG (MIMI) Pty Ltd (16.67%); and Shell Australia Pty Ltd (16.67%). (Source: Woodside)
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