Santos: Barossa project 95.2 percent complete

The Barossa gas project, which will supply feed gas to the Santos-operated Darwin LNG plant, is 95.2 percent complete and remains on target for first production in the third quarter of 2025, Santos CEO Kevin Gallagher said on Thursday.

Gallagher said during a speech at the Santos 2025 annual general meeting that the offshore pipelines connecting the Barossa gas field to the Darwin LNG plant are complete, and Santos expects to complete the second installation campaign for the subsesa umbilicals risers and flow lines “within days.”

He said four wells were drilled and completed, while a fifth well is suspended for later completion and drilling of the sixth well is underway.

“Finally, other work packages are also on track to support the first gas date for Barossa LNG,” he said.

Gallagher said in February that the project was 91 percent complete, while he also participated in the BW Opal FPSO naming ceremony in Singapore.

He said that the floating production storage and offloading (FPSO) unit is on track for RFSU (ready for start up) in the third quarter of 2025.

In 2021, Santos took a final investment decision for its $3.6 billion Barossa project.

Natural gas will be extracted from the Barossa field, located in Commonwealth waters about 285 kilometers offshore north-north west from Darwin, and transported via a pipeline to the existing Darwin LNG facility.

The Darwin LNG plant launched operations in 2006, and the facility is now being readied for the next 20 years, in preparation for the start of Barossa gas production.

In 2023, the last LNG cargo produced from the Bayu-Undan gas field sailed from the Santos-operated LNG plant in Australia’s Northern Territory.

The final LNG shipment from Bayu-Undan left the 3.7 mtpa Darwin LNG plant at Wickham Point on November 11, 2023.

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