Territory Stories

The Northern Territory news Wed 15 May 2019



The Northern Territory news Wed 15 May 2019

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NT news


The Northern Territory news; NewspaperNT




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Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

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News Corp Australia

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Copyright. Made available by the publisher under licence.

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News Corp Australia



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WEDNESDAY MAY 15 2019 BUSINESS 19 V1 - NTNE01Z01MA THE NTs Barossa offshore gas and light condensate project in the Timor Sea has firmed as the leading candidate for Darwin LNG (DLNG) backfill to Wickham Point. ConocoPhillips Australia has awarded the first of three key contracts linked to extend feed gas for DLNG, which currently draws on gas resources from the Bayu-Undan field. Technip Oceania (TFMC) will supply the subsea production system for the nearby Barossa project in the Bonaparte Basin, about 300km north of Darwin. The Barossa project includes a permanently moored floating production storage and offloading (FPSO) facility, subsea production system, supporting infield subsea infrastructure in the Barossa field and a subsea gas export pipeline. Joint venture partner Santos says the contract represents a commitment to longlead items in advance of a final investment decision. It says the contract includes the engineering, design and fabrication of wellheads, manifolds and control system as well as installation and commissioning assistance. This is the first EPC contract to be awarded for Barossa and a big vote of confidence in its position as the leading project to backfill DLNG, Santos managing director and chief executive officer Kevin Gallagher said. Were making good progress in the front-end engineering and design (FEED) phase including the evaluation of bids for the gas export pipeline. We are also looking at technical proposals for the floating production storage and offloading facility from both MODEC and the Technip/Samsung Heavy Industries consortium. An invitation to tender for the development drilling contract has also been released, further advancing the project to meet DLNGs backfill timetable. Barossas successful development will more than double Santos Northern Australia production based on our higher equity position in the project. The Barossa development project is operated by ConocoPhillips Australia with 37.5 per cent interest. Santos has a 25 per cent stake. ConocoPhillips president Australia West Chris Wilson said the contract was a key milestone in the Barossa Project. ConocoPhillips said the Barossa project would meet future global demand for natural gas as well as contribute significant income, employment and other benefits to the Northern Territory and Australia through continued operation of the Darwin LNG facility. The Barossa project includes a subsea production system, supporting infield subsea infrastructure Picture: SUPPLIED Barossa project firms to provide backfill gas TODAY Wage Price Index, Australia, March 2019 TOMORROW Federal Defendants, Australia, 2017-18 Labour Force, Australia, April 2019 FRIDAY Data by Region, 2013-18 MAY 22 Construction Work Done, Australia, Preliminary, March 2019 MAY 23 Census of Population and Housing: Reflecting Australia Stories from the Census, 2016 (Additional Information) Labour Force, Australia, Detailed Electronic Delivery, April 2019 MAY 24 National Health Survey: Health Literacy, 2018 (Replacement Content) International Trade: Supplementary Information, Calendar Year, 2018 THE WEEK AHEAD economic brief 21 NEWS PIONEERING SUPLEJACK CATTLE STATION AUCTION 21 NEWS INSPIRING WOMEN IN TECHNOLOGY 23 NEWS BOAB NOW WITH SAs KWP! AGENCY GARY SHIPWAY Contact us on: 08 8981 6868 or info@peewees.com.au WATERFRONT RESTAURANT AND FUNCTION COMPLEX IN DARWIN

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