Santos and GDF SUEZ seek development concepts for Bonaparte LNG

Santos and GDF SUEZ report that the Bonaparte LNG project will consider other potential development options in addition to the FLNG concept to develop the Petrel, Tern, and Frigate natural gas fields, which are located 250 km (156 mi) offshore west of Darwin.

Jun 20th, 2014

Offshore staff

ADELAIDE, AustraliaSantos (40%) and GDF SUEZ (60% and operator) report that the Bonaparte LNG project will consider other potential development options in addition to the FLNG concept to develop the Petrel, Tern, and Frigate natural gas fields, which are located 250 km (156 mi) offshore west of Darwin. These options will include a pipeline connection to Darwin.

While the partners believe the fields have material value, their future development, using floating LNG technology, although technically robust as demonstrated during extensive pre-FEED studies, does not currently meet the companies' commercial requirements.

Consequently, the proposed Bonaparte FLNG project will not be taken into the FEED phase at this time.

06/20/2014

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