Browse JV, Chevron sign offshore Australia gas accords

The North West Shelf Joint Venture offshore Western Australia has signed non-binding preliminary agreements with the Browse Joint Venture and Chevron, the leaseholder of the Clio-Acme fields.

Nov 14th, 2018

Offshore staff

PERTH, Australia – The North West Shelf Joint Venture offshore Western Australia has signed non-binding preliminary agreements with the Browse Joint Venture and Chevron, the leaseholder of the Clio-Acme fields.

This involves processing of the respective offshore gas resources through the North West Shelf (NWS) facilities on Western Australia’s Burrup Peninsula, said NWS operator Woodside Energy.

The aim is to extend the operating life of the NWS Project’s Karratha Gas Plant for decades beyond 2025, said Woodside CEO Peter Coleman.

“Central to our vision for the Burrup Hub is the transition of the Karratha Gas Plant into a third-party tolling facility as the NWS Joint Venture fields reach the end of their lives.

“The Browse Joint Venture will be the anchor tenant underpinning that transition and this preliminary agreement enables the participants to progress toward an earlier final investment decision to develop the gas resource, targeted for 2020.

“Gas from Clio-Acme is planned to be brought to the Burrup Hub through the Woodside-operated Pluto offshore infrastructure and then transported via the proposed Pluto-NWS Interconnector pipeline to be processed at the Karratha Gas Plant.”

Woodside also operates the Browse Joint Venture and Pluto LNG.

11/14/2018

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