44 Woodside Petroleum Ltd|Annual Report 2018
BROWSE TO
NORTH WEST
SHELF PROJECT
2018 HIGHLIGHTS
+Commenced concept definition phase for the
Browse to NWS Project
+Signed a non-binding, preliminary tolling
agreement between the Browse Joint Venture
and NWS Project for the processing of Browse
gas resources through KGP
+Referred the Browse to NWS Project and
the NWS Project Extension to the Western
Australian Environmental Protection Authority
and the Commonwealth Department of the
Environment and Energy
2019 ACTIVITIES
+Conclude binding, fully-termed gas
processing agreements
+Progress primary environmental approvals
+Finalise the Browse Development Agreement
with the Government of Western Australia
+Commence FEED
The Browse resources are progressing towards
commercialisation.
Located oshore, approximately 425 km north of Broome in north-
west Australia, the Browse resources, containing the Brecknock,
Calliance and Torosa fields, are estimated to contain 13.9 Tcf of dry
gas and 390 MMbblofcondensate(C).
The Browse Joint Venture (BJV) selected the Browse to NWS
Project development concept, including two FPSO facilities, and
commenced the concept definition phase in September 2018.
The project will deliver gas through an approximately 900 km
pipeline to existing NWS infrastructure, producing around 10 Mtpa
of LNG/LPG and 1.4 Mtpa of domestic gas (100% project).
In November 2018, the BJV and NWS Project participants signed
a non-binding, preliminary tolling agreement for the processing of
Browse gas resources through KGP. Four of the five BJV participants
hold interests in both the BJV and NWS Project.
The BJV is proposed to be the foundation tenant for the NWS
Project Extension.
The preliminary tolling agreement is being converted to a binding,
fully-termed gas processing agreement.
Several contracts were awarded to support the concept definition
phase, including the engineering design of the FPSO facilities and
the pipeline route survey.
Browse FPSO development concept over the Brecknock, Calliance and Torosa fields (not to scale)
1. Gross (100%) 2C resource estimate (net 4.3 Tcf and 119 MMbbl).