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    LNG Japan enters Scarborough JV

    March 26, 2024
    Scarborough Field is about 375 km offshore Western Australia, and its gas will be processed at the Pluto LNG complex, where Woodside is currently constructing Pluto Train 2.
    Courtesy Woodside Energy
    The Scarborough Energy Project’s Pluto Train 2 has achieved a major milestone with the first three modules safely installed on site in Karratha, Western Australia.
    The Scarborough Energy Project’s Pluto Train 2 has achieved a major milestone with the first three modules safely installed on site in Karratha, Western Australia.

    Offshore staff

    PERTH, Australia — Woodside Energy has concluded the sale of 10% in the Scarborough joint venture (JV) in Western Australia to LJ Scarborough (LNG Japan) for $910 million.

    Last August the two companies formed a strategic relationship with LNG Japan that included equity in the Scarborough JV, which is developing the offshore Scarborough gas-condensate field, potential LNG offtake and collaboration on potential opportunities in new energy.

    Upon completion of a separate deal announced last month with JERA, Woodside’s operated interest in the JV will be 74.9%.

    Scarborough Field is about 375 km offshore Western Australia, and its gas will be processed at the Pluto LNG complex, where Woodside is currently constructing Pluto Train 2.

    03.26.2024

    Related

    Courtesy Woodside
    Courtesy Saipem
    Courtesy Woodside Energy
    Pluto LNG processes gas from the offshore Pluto and Xena gas fields in Western Australia. Gas is piped through a 180 km trunkline to a single onshore LNG-processing train.
    Courtesy Woodside Energy
    The Scarborough Field is located in the Carnarvon Basin, about 375 km off the coast of Western Australia.