WorleyParsons awarded Sole FEED contract Thu 20 August 2015...

WorleyParsons awarded Sole FEED contract
Thu 20 August 2015
http://pipeliner.com.au/news/worleyparsons_awarded_sole_feed_contract/98333


A schematic of the Sole Gas Project, offshore Victoria.
WorleyParsons subsidiary, Intecsea, has been awarded the offshore subsea front-end engineering and design (FEED) contract for the Sole Gas Project in Victoria.
The Sole Gas Project entered the FEED phase in May 2015, and is expected to comprise a single vertical subsea well and pipeline to the Orbost Gas Plant, which is connected to Jemena’s 797 km, 450 mm Eastern Gas Pipeline.

A Santos spokesperson told The Australian Pipeliner that the tender process for the onshore FEED contractor is still in progress.
The Sole gas field is located in VIC/RL3, offshore Victoria approximately 62 km from the Orbost Gas Plant, onshore Victoria.

The VIC/RL3 joint venture, comprising Cooper Energy and Santos, is scheduled to reach a final investment decision (FID) for the project in the September quarter of 2016.
The field has been assessed by Cooper Energy as containing a 2C contingent gas resource of 211 PJ1 (100 per cent joint venture volume) of which Cooper Energy’s share is 105.5 PJ.

Cooper Energy recently signed a Heads of Agreement (HoA) with glass manufacturer O-I Australia, defining the key terms for the sale of gas from the project, the first such agreement from the Sole gas field.
The HoA sets out the key commercial terms for the supply of gas of one PJ/a for the lesser of eight years, or the life of the field, from Cooper Energy’s share of Sole production.