BP has stood down contractors working on its biofuel plant just weeks before discovering if its adjacent green hydrogen project will win $1 billion of government backing.
The Bayu Undan project was developed by ConocoPhilips to send gas from the waters of Timor Leste (East Timor) to an LNG plant in Darwin. Santos bought out ConocoPhillips in 2020 and became the operator.
Australian LNG producers are under pressure on emissions and decommissioning, and Santos wants to tackle both problems in one swoop at Bayu Undan, but it needs everyone to play along.
Santos and ENI are looking for solutions for CO2 and removing old facilities in the waters north of Darwin. Time will tell if the problems are solved or just delayed.
