Woodside selects JV for LNG Phase V EPC

March 7, 2005
Woodside Energy, representing Australia's North West Shelf LNG Venture, issued a letter of intent to a joint venture of Foster Wheeler (WA) Pty. Ltd. and WorleyParsons Services Pty. Ltd. for the engineering, procurement, and construction management of a fifth LNG train.

By OGJ editors

HOUSTON, Mar. 7 -- Woodside Energy Ltd., representing Australia's North West Shelf LNG Venture, has issued a letter of intent to a joint venture of Foster Wheeler (WA) Pty. Ltd. and WorleyParsons Services Pty. Ltd. for the engineering, procurement, and construction management of a fifth LNG train to be added at the consortium's liquefaction complex at Karratha, 1,100 km north of Perth, Western Australia.

In the $1.58 billion Phase V expansion, the group will add the 4.2-million-tonne/year liquefaction train, an additional fractionation unit, acid gas recovery unit, boil-off gas compressor, two new gas turbine power generation units, a second loading berth, and a new fuel gas system compressor. The facility is expected to start up in fourth quarter 2008.

Signature of the EPC contract awaits North West Shelf Venture participants approval, expected in the first half of this year.

The six equal North West Shelf Venture participants are operator Woodside 16.67%, BHP Billiton (North West Shelf) Pty Ltd 16.67%, BP Developments Australia Pty. Ltd. 16.67%, ChevronTexaco Australia Pty. Ltd. 16.67%, Japan Australia LNG (MIMI) Pty. Ltd. 16.67%, and Shell Development (Australia) Pty. Ltd. 16.67%. CNOOC NWS Pvt. Ltd. is a member of the North West Shelf Venture but holds no interest in North West Shelf Venture infrastructure.

Foster Wheeler is a subsidiary of Foster Wheeler Energy Ltd., Reading, UK, a unit of Foster Wheeler Ltd., Clinton, NJ.