OneSubsea has been awarded a FEED contract for the proposed Woodside-operated Browse FLNG development offshore northwest Australia, Woodside Energy Ltd. and OneSubsea (NYSE:SLB) said in a news release.
A team of OneSubsea experts, operating out of OneSubsea’s Perth city office, will work collaboratively with Woodside to fully define and determine the optimal subsea production system design and equipment requirements for the Browse FLNG Development, the release said. The contract will involve up to 20 locally employed people working on the subsea scope over the next 12 to 18 months as Woodside prepares for a final investment decision (FID).
The contract award is the first under OneSubsea’s frame agreement with Woodside signed in January 2014. Under the terms of the five-year frame agreement, OneSubsea is qualified to supply subsea equipment and services, including subsea engineering services and life of field services, for selected Woodside developments offshore Australia, according to the release.
The Browse FLNG development is proposing to commercialize the Brecknock, Calliance and Torosa fields—collectively known as the Browse resources—which are estimated to contain gross (100%) contingent resources (2C) of 15.4 trillion cubic feet (Tcf) of dry gas and 453 million barrels of condensate.
Woodside is targeting a FID on the proposed development in the second half of 2016.
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