Oil and gas
Browse Basin: Inpex lets $.5billion contract
Inpex has let another large contract for engineering works, this time to Dutch company SBM Offshore.
The contract is for $.5billion turret and mooring system at the Browse Basin.
You can read an SBM statement here:
Browse Basin: Inpex lets $1billion contract
Inpex has let a further $1billion worth of contracts for work associated with the Inpex gas project.
GE Oil and Gas, based in Italy, will supply a processing facility in the Browse Basin itself as well as rotating equipment for the gas plant near Darwin.
Upstream Online [read this story]
The initial processing at the Browse Basin will be to remove water and condensate from the gas, before it is piped more than 800km to the NT refinery.
Offshore [read this story]
Inpex has already let significant contracts for the project.
These include a contract with another Italian company, Saipem, for the pipeline itself; and a $2billion contract with Korean company Samsung for construction of the offshore gas processing facility at the Browse Basin.
Opinion: Alan Eggleston on North-West defence
Alan Eggleston
Senator Alan Eggleston questioned Labor’s commitment to defence in Australia’s North West.
He said oil and gas rigs are potential targets for terrorist attacks, and need protection.
His comments came after reports of a defence department review recommending greater military presence.
You can read his statement here:
James Price Point: Woodside accused of flouting planning approval
Picture by Rod Hartvigsen
A green group says Woodside has carried on some works associated with the gas hub without shire approval.
Woodside says it is seeking approval from a state government body, the Kimberley Joint Development Assessment Panel, which includes two shire representatives.
The West Australian [read this story]
You can read a media release from Environs Kimberley here:
Opinion: Martin Pritchard on Woodside share selldown
Martin Pritchard
Environs Kimberley director said reports of a Woodside selldown are “another nail in the coffin for James Price Point”.
He was commenting on several reports of a possible sale of much of the company’s stake in the Browse Basin gas reserves.
You can read his statement here:
Opinion: Robin Chapple on Woodside selldown
Robin Chapple MLC
Robin Chapple MLC hopes plans to build a gas plant at James Price Point will be abandoned.
He is commenting on Woodside’s plans to sell down most of its stake in the Browse Basin gas reserve.
You can read his statement here:
Browse Basin: Woodside denies selling decision
Woodside says it has not decided to sell down its equity in Browse Basin gas reserves.
A company spokesman was commenting on an earlier report that it was about to put part of its stake in the Browse Basin on the market.
Sydney Morning Herald [read this story]
Browse Basin: Woodside move to sell down
Woodside is moving to sell down part of its 50percent stake in the Browse Basin gas reserve.
If successful, the company may end up owning less than 17percent of the venture, and face possible pressure to abandon plans for the controversial processing plant at James Price Point.
The Australian [read this story]
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