Woodside chooses Browse LNG location

Woodside advises that the Browse Joint Venture has selected the Western Australian Government’s Browse LNG Precinct at James Price Point, 60km north of Broome, as the location to process gas from the venture’s Browse Basin gas fields.

This decision satisfies a condition of retention leases WA-28-R, WA-29-R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R 2 to select a development concept within 120 days, effective December 2, 2009.

The Browse LNG Development has now completed the development concept phase. The next phase of the development will be Basis of Design, followed by Front End Engineering and Design in 2011 to enable a Final Investment Decision by mid-2012. This material work program to mid-2012 requires an expenditure of $1.25 billion. A Final Investment Decision for the development will be subject to necessary approvals and consents.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs