The Economist on Aussie LNG

[admin]

Two articles:

http://www.economist.com/news/business/2...next-qatar

http://www.economist.com/news/business/2...ch-outback

[admin]

["A recent survey of 53 countries found that Australian oil and gas workers earned an average of $163,600 a year, almost double the global average. But the energy groups behind the three big projects to convert coal-seam gas to LNG have made things harder for themselves. They are building the plants side-by-side at Gladstone on Queensland’s coast, yet they have wasted perhaps billions of dollars by failing to share facilities."]

Sharing facilities, hmm, now there's an idea..

[admin]

[" Mr Voser reckons demand for LNG will double in this decade. Shell plans $30 billion of investments in Australia over the next five years. For Prelude, another of its Western Australian projects, Shell is building a huge floating plant to liquefy gas from under the seabed. The vessel, moored 475km (295 miles) offshore, will start producing in 2017, and remain there for 25 years. Exxon Mobil and BHP Billiton, Australia’s biggest company, recently hinted at a similar venture. By eliminating pipelines and other onshore costs, floating LNG production may prove the blessing Australia needs to stay in the gas game."]

Floating LNG, hmm, now there's an idea

[Tusker]

["A recent survey of 53 countries found that Australian oil and gas workers earned an average of $163,600 a year, almost double the global average. But the energy groups behind the three big projects to convert coal-seam gas to LNG have made things harder for themselves. They are building the plants side-by-side at Gladstone on Queensland’s coast, yet they have wasted perhaps billions of dollars by failing to share facilities."] Sharing facilities, hmm, now there's an idea..

This brings us back to PetEng list of what engineers would be looking at regarding sites and facilites in PRL 15.

XOM & IOC coordination on the ground down to the door mat.

A future extension of sorts is the combined seismic line that Oil Search and InterOil have planned for Tri.

Best to bring a complete structure into focus than just half.

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