Difference between revisions of "Barossa Area Oil and Gas Field Development"

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Line 19: Line 19:
 
* 2005 - Caldita field discovered
 
* 2005 - Caldita field discovered
 
* 2012 - SK Group takes a stake in the project
 
* 2012 - SK Group takes a stake in the project
 +
* 2018 - FEED contracts awarded
 
* 2021 - FID announced for the project
 
* 2021 - FID announced for the project
 
* 2021 - Jera bought a 12.5% stake in the gas field
 
* 2021 - Jera bought a 12.5% stake in the gas field

Revision as of 14:30, 8 December 2021

Summary Information

  • Operator: Santos
  • Country: Australia
  • Location: 300 kilometres north of Darwin
  • Production start: 2025 expected
  • Partners:
  • Type: Gas & Condensate
  • Estimated Reserves:
  • Production Volume:

Description

  • The Barossa gas field is located in Australian waters off the Northern Territory of Australia. The Project will develop the Barossa gas field and link it by pipeline to the Darwin LNG Terminal for LNG production, which is expected to start around 2025.
  • It will comprise a Floating Production, Storage and Offloading (FPSO) vessel, subsea production wells, supporting subsea infrastructure and a gas export pipeline tied into the existing Bayu-Undan to Darwin LNG pipeline.

Contractors

  • -

History

  • 2005 - Caldita field discovered
  • 2012 - SK Group takes a stake in the project
  • 2018 - FEED contracts awarded
  • 2021 - FID announced for the project
  • 2021 - Jera bought a 12.5% stake in the gas field

Geology

Links

  1. New gas field discovered offshore Northern Territory
  2. SK E&S to fund up to US$520 million in carry obligations and contingent milestone payments
  3. Barossa project awards FEED contracts
  4. Santos announces FID on the Barossa gas project for Darwin LNG
  5. JERA to Invest in the Barossa Gas Field in Australia to Secure a Stable LNG Supply