To Sanction, or Not To Sanction—That is the Offshore Question
2019’s class of offshore projects show a wide range of potential sanctioning outcomes.
Santos Acquires Quadrant Energy, Takes Ownership of Dorado
The $2.15-billion deal gives the company an 80% ownership stake in what could be one of Australia’s largest offshore discoveries in years.
Gas Flowing From Ichthys LNG Project
The long-awaited Ichthys LNG Project off Western Australia has finally started gas production. LNG liquefaction is expected in a few weeks.
TechnipFMC Nets Contract for Gorgon Stage 2
The contract covers the installation of umbilicals, flying leads, and manifolds for the project, which aims to expand and upgrade subsea facilities for the gas field located offshore western Australia.
Partnership Targets Stranded Fields With Fast-Deployment FLNG Vessels
Add Energy has partnered with Transborders Energy and will work with TechnipFMC and MODEC to develop a 1.0-MTPA FLNG vessel for small-scale stranded fields.
Prelude FLNG Takes to the Seas
The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.
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26 February 2019
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