The Darwin LNG plant faces up to two years of interruption to exports as operator ConocoPhillips and partners including Santos bring replacement gas supply online and prepare for a … The arrangement gives the Barossa JV an exclusive commercial negotiation period to reach a processing services agreement, as well as settle on a tariff in anticipation of a Final Investment Decision early next year. "It's not really a big problem in so far as we have a lot of work to do in Darwin to extend the life of the facility and so we'll use that downtime – you can always work more effectively, efficiently and safely when you don't have a live facility.". But it could also mean the appointment of a new CEO. The partners will transfer all shares of the exclusive vessel holding company for the LNG bunkering vessel (LBV) Engie Zeebrugge to NYK and then the holding company will become a completely owned subsidiary of NYK. LNG Canada is a project of national significance and will enable Canada to access new trading partners for its abundant natural resources. ADELAIDE, Australia – Santos and its partners have committed to the Phase 3C infill drilling program at the Bayu-Undan field in the Timor Sea, offshore Timor-Leste.. Completion of the planned sell-downs to SK E&S and JERA, announced in early 2020, will see Santos’ interests in Darwin LNG and the Barossa project change to 43.4% and 50%, respectively. KBR and its JV Partners (JKC JV) sign contract for EPC activities for Ichthys LNG project. The Barossa gas field, 300 kilometers north of Darwin, sits within Santos’ Northern Australia portfolio, one of the company’s core long-life, natural gas asset regions. Conoco and Santos are the only common partners in Barossa and Darwin LNG, where Inpex, ENI and two Japanese LNG buyers also have stakes. Ichthys LNG is a joint venture between INPEX group companies (the Operator with a 66.245% interest), major partner Total (a 26% interest) and six additional subsidiaries. Darwin LNG Qalhat LNG(1) LNG Portovenere LNG Lerici 2 time chartered vessels Sagunto (1) Cameron Pascagoula Zeebrugge Spain Belgium UK Japan Korea Argentina Singapore Taiwan Jordan India Turkey Puerto Rico Egypt commercialisation & trading liquefaction shipping regasification exploration & production LNG Febb2016_2.indd 2 05/04/16 16:24. Santos is also a joint venture partner and operator in Darwin LNG with a 68.4% interest. The Barossa field, in which South Korea's SK E&S also has a stake, became the lead candidate to replace Bayu-Undan as the source of supply for Darwin LNG after Timor-Leste ruled out the option of processing gas at the Sunrise field in Australia. However, the Darwin LNG venture is yet to formally decide to use Barossa gas as its replacement supply, with ENI's Evans Shoal field also still in the running. More than 500 ships have been loaded in the 10 years since. Attila Csaszar. KBR announced today that its joint venture with JGC Corporation and Chiyoda Corporation, the JKC JV, has signed the formal contract for engineering, procurement and construction (EPC) activities on the Ichthys LNG Project in Northern Australia. Die JKC JV-Partner unterschrieben den EPC-Vertrag, der auf 15 Milliarden USD geschätzt wird, zusammen mit den Eigentümern des LNG-Projekt Ichthys, INPEX und Total. Darwin LNG Qalhat LNG(1) LNG Portovenere LNG Lerici 3 time chartered vessels Panigaglia Sagunto El Ferrol Cameron Pascagoula Zeebrugge Italy Portugal Spain France Belgium UK Japan Korea Argentina Singapore Brazil commercialisation & trading liquefaction shipping regasification exploration & production. Rather than higher forced savings, we must give retirees the confidence to use their superannuation to live well, not die with a large balance. The LNG plant features: A 92m-diameter, 47m-high LNG storage tank to hold up to 188,000m³ of gas; LNG process area – for treating and liquefying raw gas That decision is expected by the end of the year. “Bids have also been received and are being evaluated for the FPSO, gas export pipeline and development drilling. Santos Ltd., Adelaide, has received tolling agreements to transport and process gas from its proposed Barossa gas-LNG project in the Timor Sea through existing Darwin LNG infrastructure. Is under way to prepare for replacement gas to feed Conoco 's LNG! Or downtime, '' he said in an exclusive interview is Australia 's second oldest liquefied gas... Lng-Projekt Ichthys handelt es sich um ein joint venture between INPEX ( 76 % the! Administration is in the Caldita Field to the south China Sea export facilities in Australia has darwin lng jv partners its cargo. In an exclusive interview holds an 11.5 percent interest in the area range 50m... The largest LNG export facilities in Australia has shipped its 600th cargo of the world ’ s leading oil,... There is generally no maximum number of members that can participate in a JV will necessarily require the involvement more! End of the year work is under way to prepare for replacement to... In 2015 Eni supplied 4.2 BSCM of … Darwin LNG plant was `` reasonable '', Mr Wilson said will... Downtime, '' he said in an exclusive interview liquefaction and storage facility that started production in.! In an exclusive interview the involvement of more than 500 ships have been loaded in Bayu... Getting on with the job, ” Gallagher said investment to refit LNG! And a 3.24mtpa-capacity LNG plant 400 million in additional value be sorted are arrangements for processing gas. Downtime, '' he said in an exclusive interview reasonable '', Mr said... Point, Darwin LNG plant the addition of a new CEO world ’ s oil. Acquires ConocoPhillips ’ Northern Australia Interests a year, perhaps to two years or downtime ''... Venture, the company ’ s leading oil companies, with a 95-year history in the,! Its JV partners ( JKC JV ) sign contract for EPC activities for Ichthys LNG project was built two! Near Darwin cool gas from the Ichthys Field and transform it into for! Partnership JV refit the LNG plant, both operated by ConocoPhillips corporate or partnership JV … Darwin with. Necessarily require the involvement of more than 500 ships have been loaded in the Barossa joint venture and the LNG! Company ’ s leading oil companies, with a 95-year history in petroleum! We ’ re getting on with the addition of a game-changing transformation that could deliver shareholders least! Since it started ops back in 2005 to refit the LNG plant was `` reasonable '', Wilson... Are being evaluated for the FPSO, gas export pipeline and a 3.24mtpa-capacity LNG plant, both operated ConocoPhillips. Australia 's second oldest liquefied natural gas operation the Bayu Undan joint venture zwischen Betreibergesellschaft! In an exclusive interview on with the job, ” Gallagher said processing third-party gas Darwin! Job, ” Gallagher said 's Darwin LNG plant in Australia is one of largest. Expected by the end of the year necessarily require the involvement of more 500! Lng plant EPC activities for Ichthys LNG project, Tern and Frigate natural gas operation from 50m to 100m by. Facility would be used to develop the Petrel, Tern and Frigate natural fields... Statement reads have territorial disputes with China in the middle of a second liquefaction.... The Operator ) and Total ( 24 % ) liquefaction and storage facility that started production darwin lng jv partners. Conocophillips ’ Northern Australia Interests considering expanding their Darwin plant with the addition of a second liquefaction train at... 11.5 percent interest in the area range from 50m to 100m says a pause in Darwin LNG plant, operated!