Killajoules

Transactions completed with CNOOC for QCLNG stake and LNG supply
G Group today announced it has completed transactions with China National Offshore Oil Corporation (CNOOC) for the sale of additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for US$1.93 billion. Under a separate agreement, BG Group will also supply CNOOC with an additional 5 million tonnes per annum of liquefied natural gas (LNG).

Last of 80 QCLNG modules arrives at Curtis Island
The longest and last of 80 modular components for the Queensland Curtis LNG (QCLNG) plant has arrived by ship at Curtis Island.

GLNG and Australia Pacific LNG sign upstream cooperation deal
Two of Australia’s leading LNG projects today signed gas swap and infrastructure connection agreements that provide flexibility and allow both proponents to realise capital and operational efficiencies.

Eni drills successful Evans Shoal appraisal well in Offshore Australia
Eni announces the successful completion of the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, some 300 km northwest of Darwin.

Chevron Acquires New Acreage Offshore Australia
Chevron Corporation (NYSE:CVX) today announced its Australian subsidiary has acquired exploration interests in two offshore blocks located in the Bight Basin, a deepwater frontier basin.

North Rankin Redevelopment Project Achieves Start-Up
Woodside, as operator of the North West Shelf Project, advises that the North Rankin Redevelopment Project has achieved start-up and has exported gas to the Karratha Gas Plant.

The A$5 billion (100% cost; Woodside share 16.67%) North Rankin Redevelopment Project has involved the construction and installation of a second platform, North Rankin B, and modification and refurbishment of the existing North Rankin A platform. Located approximately 135 km offshore Karratha, the North Rankin B platform will enable the recovery of approximately 5 trillion cubic feet (100% project) of low pressure reserves from the North Rankin and Perseus fields.

Woodside Chief Executive Officer, Peter Coleman, said achieving start-up as planned and on budget demonstrated Woodside’s ability to execute complex projects on a global scale.

“Start-up is a major milestone given the complexities of integrating a new 65,000 tonne facility next to an existing offshore production platform,” Mr Coleman said.

“The redevelopment maximises the value of Australia’s largest operating oil and gas project by extending the resource life and supporting the North West Shelf Project’s onshore gas commitments.”

The North Rankin Redevelopment Project participants 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 Development (Australia) Pty Ltd (16.67%).

Arrow’s LNG plant gains State approval
Arrow Energy has welcomed today’s Queensland Government approval of its planned liquefied natural gas (LNG) plant on Curtis Island off Gladstone, in central Queensland.

Browse Joint Venture Selects Floating LNG as Basis of Design
Further to Woodside’s announcement on 20 August 2013, the company advises that the Browse Joint Venture participants have selected the use of floating LNG (FLNG) technology as the development concept to commercialise the three Browse gas fields.

Sulzer Pumps Supplies High Performance Pumps to FPSO Vessel in Western Australia
Sulzer Pumps will supply 69 pumps to Daewoo Shipbuilding and Marine Engineering for installation on a new Floating Production Storage and Offloading (FPSO) vessel for the INPEX-operated Ichthys LNG Project in the Browse Basin offshore Western Australia, scheduled for delivery in several phases between mid-2013 and mid-2014

Production commences from Otway Gas Project's Geographe field
Origin Energy Limited (Origin), on behalf of the VIC/L23 Joint Venture, today announced the commencement of production from Otway Gas Project's newly developed Geographe gas field in Bass Strait following commissioning and testing.