An expert, independent of government and industry, explains how prolonged industrial activity on the Burrup Peninsula in WA endangers an Australian marvel.
The Woodside-operated North West Shelf project near Karratha exported Australia's first LNG cargo in 1989 and now has four gas export trains and a domestic gas plant.
An expert, independent of government and industry, explains how prolonged industrial activity on the Burrup Peninsula in WA endangers an Australian marvel.
If Woodside absorbs BHP's oil & gas assets new laws ensure the massive decommissioning liability falls to one of the companies, not the Australian taxpayer, unlike the Northern Endeavour.
Buying BHP’s Australian oil and gas assets could allow Woodside to escape its lost decade, but its shareholders and Australian taxpayers should count their fingers after the handshake.
Woodside has found corrosion during a shutdown of the North West Shelf's LNG Train 4 that potentially is a serious concern. It is understood Woodside is now inspecting other trains for the problem.
Woodside must check if corrosion on fourteen 24-tonne caissons under an offshore platform could cause them to fall onto subsea pipelines with possibly catastrophic results.
Plentiful and cheap gas to WA may be undermined by pressure from North West Shelf LNG participants and Perth Basin producers for the McGowan Government to weaken its ban on the export of onshore gas.
BHP's climate target excludes the Bass Strait, North West Shelf and future Scarborough LNG on the incorrect basis that the operator controls the emissions, not the joint owners.
Shell, Exxon and Chevron are big players in Australian oil and gas and being forced to decarbonise sooner will affect their local operations, with a possible king hit to Prelude.
