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Project Insights

Big guns out for Woodside NWS backfill plan

Australia’s government has reportedly warned it may not renew offshore petroleum leases held by the North West Shelf partners if they reject Woodside’s backfill plans for the facility Australia’s government has reportedly warned it may not renew offshore petroleum leases held by the North West Shelf partners if they reject Woodside’s backfill plans for the facility.
By Sally Bogle 2 hours ago Asia Pacific / LNG 0 34381
The North Rankin platform, part of the NWS project. (Woodside)

Woodside has the support of government and regulators in its efforts to get its joint venture partners in the North West Shelf (NWS) project to approve its backfill plans, which would keep Australia’s largest and oldest LNG export facility running through the next decade.

Output from the offshore gas fields in Western Australia’s (WA’s) Carnarvon Basin that supply the NWS is declining, meaning the facility will start being ramped down from 2020 unless new supply sources are brought onstream. As operator, Woodside is...