Western Gas seeking partner for Equus LNG
Published by Will Owen,
Editor
LNG Industry,
Reuters is reporting that Western Gas is seeking a partner for its Equus gas project off Western Australia, and has employed Goldman Sachs to provide advice during its search.
Western Gas plans to develop the Equus field using a 2 million tpy floating LNG (FLNG) facility, rather than feeding into larger existing ones. The overall plan for the project was reportedly designed by McDermott International and Baker Hughes, and incorporates a floating production storage and offtake (FPSO) facility, with a 160 km pipeline leading to the aforementioned FLNG facility.
Western Gas aims to start production at the $3.5 billion project in 2024. In order to do so, the company will need to take a final investment decision (FID) on the project in 2020.
Read the article online at: https://www.lngindustry.com/liquefaction/11092019/western-gas-seeking-partner-for-equus-lng/
You might also like
MidOcean Energy completes acquisition of 20% in Peru LNG
MidOcean Energy has announced the completion of its previously announced agreement to acquire SK earthon’s 20% interest in Peru LNG, owner and operator of the first LNG export facility in South America.