WORLD PROJECTS
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WORLD PROJECTS MAP
1 INDONESIA Inpex US$16bn Inpex Corporation in cooperation with the National Land Agency (BPN) are expected to start clearing the land that will be used to develop the Abadi LNG plant. The land clearing is expected to last for eight months. Once completed, Inpex will move ahead with the construction of LNG plant, which is scheduled to last for 58 months.
MARCH 2020
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WORLD PROJECTS SPONSORED BY
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GUYANA ExxonMobil US$2.5bn
AUSTRALIASantos US$500mn
USA - Maine Prime Technologies US$200mn
TAIWAN Copenhagen Infrastructure Partners US$550mn
ExxonMobil has submitted the environmental permit for the development of the Hammerhead discovery.
Santos and Carnarvon will move ahead with the project despite low oil prices, according to a recent announcement by Carnarvon.
This will make Hammerhead the fourth project in line for development at the Starbroek Block.
The two companies don’t see any obstacles preventing the project from advancing to the FEED stage nor do they foresee any element that would affect the FEED schedule.
It is understood that a new project partner will join the development, with further details expected to be released by May 2020. Discussions with turbine suppliers are underway and the developers are looking to now deploy a single 8-12MW turbine. Construction activities are scheduled to be carried out between 2021-2022.
The construction phase for the Changfang and Xidao projects has been launched after FID was reached. Developer CIP is highlighting the developments’ high levels of local content, with foundations, pin piles, onshore equipment, installation works and several wind turbine components sourced domestically.
www.ogvenergy.co.uk I April 2020
