We remain committed to the earliest commercial development of the world-class Browse resources.
The Browse resources are located in the Browse Basin, located offshore approximately 425 km north of Broome in Western Australia.
The Browse Joint Venture (BJV) participants maintain seven petroleum retention leases under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) (OPGGSA), the Petroleum (Submerged Lands) Act 1982 (WA) and the Petroleum and Geothermal Energy Resources Act 1967 (WA).
On 22 March 2016 following the completion of front-end engineering and design (FEED) work, the BJV participants decided not to progress further with the floating LNG development concept selected at FEED entry in June 2015.
The BJV participants are now preparing a new work program for assess and concept select phase activities. It is anticipated that a range of concept options will be considered, including floating LNG technologies.
The BJV participants acknowledge the involvement of the State and
Commonwealth Governments in supporting the progression of the earliest
commercialisation of the Browse resources.
TR/5 and R2
WA-28-R, WA-29-R, WA-30-R, WA-31-R and WA-32-R
Offshore 425 kilometres north of Broome, Western Australia
350 - 700 m
16 Tcf of dry gas and 466 MMbbl of condensate
Torosa - 1971
Brecknock - 1979
Calliance - 2000
|Shell Australia Pty Ltd||27.00%|
|BP Developments Australia Pty Ltd||17.33%|
|Japan Australia LNG (MIMI Browse) Pty Ltd||14.40%|
|PetroChina International Investment (Australia) Pty Ltd||10.67%|