Project Profile

Value: US$16 billion
Location: Northwest of Karratha, Western Australia
Start-up Year: March 2012
Total production outlook: 81 million barrels of oil equivalent.

The Pluto LNG project is located 190km north-west of Karratha, Western Australia, in the Northern Carnarvon Basin. The project is a joint venture between Woodside, the operator, which has a 90% interest, and Tokyo Gas (5%) and Kansai Electric (5%), who became project partners in January 2008 and who have 15-year sales agreements for the gas. The project will process gas from the Pluto and neighbouring Xena gas fields.

The Pluto LNG project was originally scheduled to begin production in 2010. In June 2011, however, Woodside announced that the field\'s first LNG would begin in March 2012 due to delays in completion of the Burrup LNG Park. The cost of developing the project also increased to A$14.9bn from A$12bn.

Operator:

Woodside: Operator with 90% interest

Tokyo Gas: 5% interest

Kansai Electric: 5% interest


Contractors:

Monadelphous: Maintenance, shutdown work.

Asset Guardian Solutions Ltd: Enhancing security and system management contract

Bredero Shaw (Singapore) Pte. Ltd.: Anti-corrosion, flow assurance, concrete weight and internal flow efficiency pipeline coatings

Chicago Bridge & Iron Company N.V. (CB&I): LNG Tanks

Clough: Engineering services contract (April 2016)

Forge Group Limited: onshore Building Package

Joint Venture for FEED expansion:

Foster Wheeler (WA) Pty Ltd
WorleyParsons

KBR Australia: FEED contract

Leighton Contractors: Site preparation

M3 Technology: Supply chain management solution

Monadelphous Group: Maintenance services contract

Thiess Kentz Pty Ltd: Site Wide Specialist Instrumentation Contract

Off-take company:

Chubu Electric Power