Project Profile

Value: US$1,000 million
Location: Papua New Guinea
LNG: 2 million tonne/year
Proven contingent resources: 6.43 tcf of raw gas
Start-up Year: 2018

The project will see the construction of a floating LNG with a production capacity of 2 million tonnes per annum and the drilling of at least two appraisal wells . The Antelope 4 well is  located one kilometre south of Antelope 2 and is the southernmost well on the field. Antelope 5, the second appraisal well, is also expected to be drilled in the second half of 2014. Both wells will help delineate the size and structural extent of the Elk/Antelope gas field, the largest undeveloped gas resource in PNG. The project will be based on Flex LNG’s generic LNG producer design with modifications to allow it to be permanently moored alongside a jetty, which will be shared with LNGL’s land-based LNG facilities. Over a 25 year period the project will process an estimated 2.25 trillion cubic feet of gas.

Operator:

Total: Operator with 40.1% interest

InterOil: 35% interest

Flex LNG: 24.9% interest


Contractors:

Costain: Cryogenic expertise on a front end engineering and design study (working with Kanfa Aragon)

Consortium for topside FEED:
Kanfa Aragon
WorleyParsons

Samsung Heavy Industries: EPC for floating LNG facility and FEED for Elk-Antelope FLNG
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