Early chance for opportunities with major gas project
ICNWA has urged oil and gas suppliers to take advantage of the early chance to get involved in the Waitsia Stage 2 gas project.
Project owner Mitsui has listed the first work packages on ICN Gateway, following the WA Government’s decision to allow the Perth Basin project to export part of its gas as LNG.
Mitsui and joint venture partner Beach Energy expect a final investment decision for the project before the end of the year, with drilling planned to start late 2021 or early 2022 and production slated to begin in late 2023.
The company is planning to drill 4+2 development wells in the Waitsia Field, about 17 km south-east of Dongara, WA. The project will also include a new 250 terrajoules per day gas processing plant, which will be built under an engineering, procurement and construction (EPC) contract. Expressions of interest for this part of the project will begin once the final investment decision is made and the EPC contract is awarded.
The Waitsia gas field is ranked one of the top five largest gas fields ever discovered onshore in Australia. Waitsia Stage Two has enough capacity to generate about 1.5 million tonnes of LNG each year.
“Mitsui is committed to engaging with local suppliers where practicable and an Australian Industry Participation Plan has been lodged with the Federal Government,” ICNWA Manager Ray Loh said.
“We encourage local suppliers to make sure their Gateway profile is current, register their interest in the project early, and sign up to receive project updates.”
Find out more on the Waitsia Stage 2 Gateway page.