Woodside, Partners to Invest $2 bn in North West Shelf (NWS) Project Offshore Australia

Woodside and partners in the North West Shelf (NWS) project have decided to invest $2 billion for further development of the project.

Woodside, operator of the North West Shelf (NWS) project, said Friday that the project participants have approved the Greater Western Flank Phase 2 (GWF-2) project off the north-west coast of Australia.

Woodside CEO Peter Coleman said GWF-2 is an economically robust project that will deliver significant value by leveraging Woodside’s substantial experience in delivering major subsea tieback projects.

The GWF-2 project will develop 1.6 trillion cubic feet of raw gas (2P 100% project basis) from the combined Keast, Dockrell, Sculptor, Rankin, Lady Nora and Pemberton fields using subsea infrastructure and a 35 km, 16” pipeline connecting to the existing Goodwyn A platform.

Initial project start-up is expected in second half 2019.

Gas delivery will initially commence from five wells in the Lady Nora, Pemberton, Sculptor and Rankin fields, followed by the remaining three wells in the Keast and Dockrell fields in first half 2020.

The GWF-2 project is the fourth major gas development for the NWS project in the past seven years.

The NWS project participants are: Woodside Energy Ltd. (Operator; 16.67 percent); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67 percent); BP Developments Australia Pty Ltd (16.67 percent); Chevron Australia Pty Ltd (16.67 percent); Japan Australia LNG (MIMI) Pty Ltd (16.67 percent); and Shell Australia Pty Ltd (16.67 percent).