Operators shut-in production as cyclone nears Western Australia

By Phaedra Friend Troy

A tropical low pressure off the northwestern coast of Western Australia is threatening to strengthen into a cyclone, stymieing offshore oil and gas operations there.

Australian firm Woodside Petroleum has shut-in production in the path of the storm, reports Dow Jones. The company has stopped production at its Enfield and Vincent oil fields offshore Exmouth. Woodside has also stopped production from the Cossack Pioneer FPSO on the North West Shelf, which serves the Cossack, Wanaea, Lambert and Hermes oil and gas fields.

American independent Apache (NYSE: APA) also shut-in production at its Stag and Legendre developments in the Carnarvon Basin.

The Australian Government through the Bureau of Meteorology has issued warnings about the winds and waves associated with the storm.

Western Australia is home to many of the offshore developments in the country, including massive natural gas and LNG projects. Australia is experiencing terrible flooding in the eastern part of the country, stopping coal production and cutting deliveries from Queensland.



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