MEMBERS & MEMOS
Northern Endeavour decommissioning contract signed The decommissioning of the Northern Endeavour, offshore in the Timor Sea, is set to enter its next stage with a $325 million contract being signed with Petrofac Facilities Management. Petrofac has extensive global experience in successfully leading and delivering large-scale and complex offshore decommissioning projects. In December 2020, the Australian Government confirmed that the
Northern Endeavour and associated oil fields will be decommissioned to remove potential risks to the environment. The government has been responsible for maintaining the Northern Endeavour and associated subsea facilities since February 2020 after its owners, the Northern Oil and Gas Australia (NOGA) group of companies, were placed in liquidation. Northern Endeavour stopped producing oil in 2019.
Verbrec plays key role in realignment of NZ Maui pipeline OSD, a Verbrec company, has provided key support to New Zealand gas infrastructure operator, First Gas, on critical gas pipeline projects to ensure the ongoing reliability, integrity and safe operation of New Zealand’s gas supply. First Gas needed some support to execute two projects at different locations in North Taranaki, on the west coast of the North Island in New Zealand. The Gilbert Stream Realignment involved realigning the Maui Pipeline due to coastal erosion, while the Pariroa Buckle Repair project involved the removal of a temporary bypass and implementation of a permanent repair. Both projects required newly constructed sections of pipeline to be reconnected, or ‘tied-in’, to the existing Maui Pipeline. This required the pipeline to be cut in four locations north of Taranaki, within a tight, 55-hour window to prevent a disruption to the gas supply on the upper North Island.
The Gilbert Stream Realignment involved realigning the Maui Pipeline.
POSCO takeover of Senex one step closer The Federal Court of Australia has made orders approving the scheme of arrangement under which K-A Energy 1, subsidiary of POSCO International Corporation, will acquire 100 per cent of the shares in Senex Energy. The scheme is now legally effective, and it is expected that quotation of Senex shares on the ASX were suspended from the close of trading on Friday, March 18. Senex confirmed that its shareholders had approved the scheme of
arrangement under which K-A Energy 1 acquiring 100 per cent of the issued shares in Senex. In addition, Senex announced receipt of approval on 3 February 2022 following the recent update that the company had successfully acquired two gas fields adjacent to its Atlas site from Australia Pacific LNG. Korean Foreign Exchange later approved POSCO International’s proposed acquisition of Senex, satisfying another precondition for the deal.
Pluto gas makes headway at North West Shelf Woodside has commenced processing gas from the offshore Pluto fields ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). This follows the company’s announcement confirming the accelerated production of Pluto gas to the start-up of the Pluto-KGP Interconnector. The interconnector is a 3.2-kilometre pipeline, constructed and operated by AGI Operations, that connects Pluto LNG with KGP, enabling other resource owners’ gas to be processed at KGP. The accelerated production of gas from the first phase of Pluto’s Pyxis Hub is supported by the start-up interconnector, allowing it to be processed at KGP. KGP is expected to process approximately 2.5 million tonnes of LNG in aggregate and approximately 20 petajoules of domestic gas from Pluto in the period 2022 to 2025.
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Pluto LNG, Western Australia.
The Australian Pipeliner | May 2022
