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Greater Enfield oil project, Australia

5th August 2016

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Greater Enfield oil project, Australia.

Client
The project is a joint venture between Woodside Energy (operator, 60%) and Mitsui & Co through its subsidiary, Mitsui E&P Australia (40%).

Project Description
The project, located 60 km off Exmouth, in Western Australia, is targeting the development of 2P reserves of 69-million barrels of oil equivalent from the Laverda Canyon, Norton over Laverda and Cimatti oil accumulations.
The project entails a 31 km subsea tie-back to the Ngujima-Yin floating production storage and offloading facility, located over the Vincent oilfield.
The project requires the development of six subsea production wells and six water injection wells.
Subsea multiphase booster pumps in the Laverda area and a gas lift in the Cimatti area will support production.

Value
The total investment for the project is about $1.9-billion.

Duration
A final investment decision to proceed with the Enfield oil project was made in June. First oil is expected in mid-2019.

Latest Developments
Woodside and Mitsui approved the Greater Endfield project for development in June.
Primary environmental approval for the Greater Enfield (Vincent) development is in place.
Woodside has indicated that it will obtain secondary environmental approvals in due course to support project activities.

Key Contracts and Suppliers
Not stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Woodside Energy, tel +61 8 9348 4000 or fax +61 8 9214 2777.
Mitsui & Co corporate communications division, tel +81 3 3285 7540 or email infoTKADZ@mitsui.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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