Sunrise JV Selects Shell's FLNG Technology

by  SubseaIQ

Shell's Floating Liquefied Natural Gas (FLNG) technology has been selected as the Sunrise Joint Venture's preferred option for developing the Greater Sunrise gas fields in the Timor Sea. Subject to final detailed agreements, government approvals and a final investment decision Shell will operate the FLNG facility and manage the design and build phases of the FLNG project for the Sunrise Joint Venture participants. The Sunrise project would be the second deployment of Shell’s proprietary FLNG design, following Shell's Prelude FLNG development in the Browse basin, offshore Western Australia. The Sunrise FLNG facility would produce around 4.0 million tonnes per annum of LNG as well as condensate. "Sunrise is a significant resource, but is remote and technically challenging, so Shell’s FLNG technology provides the best technical and commercial development option," said Ann Pickard, Executive Vice President Upstream International Australia. In selecting Shell's FLNG technology, the Sunrise Joint Venture has undertaken a rigorous technical and commercial evaluation drawing on Shell's extensive research and development of FLNG technologies. As part of the Sunrise Joint Venture Shell will work with Woodside and the governments of Timor-Leste and Australia to advance the Sunrise FLNG development, which would bring significant long term economic benefits to both countries. The Sunrise Joint Venture participants comprise Shell (26.6%) Woodside (33.4%), ConocoPhillips (30%) and Osaka Gas (10%).

Sunrise floats into Timor row

The Greater Sunrise partners have opted for floating liquefaction at the Timor Sea field, a decision slammed by the Timor-Leste government, which said it "will not accept or endorse this concept and its associated plan now or in the future".

The Greater Sunrise field contains an estimated 5.13 trillion cubic feet of gas and straddles the maritime border between Australia and Timor-Leste.

Dili wants the gas developed on its shores, while Canberra has not declared a preference.

Australia's Woodside Petroleum, operator of the Sunrise gas fields, said announced today that all three of its project partners had unanimously chosen a floating liquefied natural gas facility as the preferred development option.

Timor-Leste however has said it wants to see the field's development include an onshore liquefaction plant near Dili.

Woodside's statement made no mention of Timor-Leste's opposition to such a plan but stressed that the floating LNG option would still offer significant benefits to the tiny, impoverished country.

"We expect that the selection of a floating LNG processing option will, in addition to generating significant long-term petroleum revenue, provide a broad range of social investment, employment and training opportunities for Timor-Leste," Woodside chief executive Don Voelte said in a statement.

The venture had been weighing up on whether to build a floating LNG ship that would produce 4 million tonnes of LNG per annum or an expansion of ConocoPhillips' existing onshore Darwin LNG plant, which would produce 5 million tpa.

In a statement released by Dili later this afternoon, the Secretary of State for the Council of Ministers, Agio Pereira, said: "Timor-Leste will not approve any development of Greater Sunrise that does not include a pipeline to Timor-Leste.”

The government statement went on to say that it considered Woodside’s announcement "a waste of valuable time, money and human capital; presenting a concept preference before appropriate consultation with the 'resource-owners'."

It added: "Woodside was acutely aware of the government's position before today’s announcement; but chose to proceed regardless. This is not only a source of great concern, but reflects an unacceptable level of arrogance. The approach has significantly compromised future relations with the government of Timor-Leste."

Gualdino da Silva, president of the National Petroleum Authority which has administrative responsibility for oil and gas resources, said this morning: "The development of Greater Sunrise must be in East Timor, which means that the LNG platform must be built in East Timor.

"If Woodside doesn't consider our option, then we will not decide to explore the oil and gas in Greater Sunrise and we will save it for our future generation."

Da Silva said a joint study by the government and Malaysian state-run producer Petronas found that a Timor-Leste-based plant was technically and commercially feasible.

Tension between the Timorese government and Woodside has heightened in the past year after Woodside ruled out building a liquefaction plant onshore, citing high costs and technical risks of building a pipeline across a deep ocean trench.

Timor-Leste's position on Greater Sunrise has at times appeared to be softer than its official pronouncements.

This month, East Timor President Jose Ramos-Horta hinted in an Australian radio interview that a floating platform might be the best way forward, but later a government website reasserted Dili's resolve to veto the floating LNG or Darwin expansion options.

Woodside said today its project partners, including supermajors ConocoPhillips and Shell, together with Japan's Osaka Gas, would continue to work with Canberra and Dili to "progress the development".

Delays in developing the Greater Sunrise project could put Woodside at a disadvantage in securing long-term customers.

Greater Sunrise is one of the three big development projects that are integral to Woodside's future growth prospects, along with its Pluto and Browse LNG project, so the company has been pushing ahead with plans to launch Sunrise as soon as possible.

The Mayonnaise Jar

BY: zeromo



When things in your life seem almost too much to handle,
When 24 Hours in a day is not enough,
Remember the mayonnaise jar and 2 cups of coffee.

A professor stood before his philosophy class and had some items in front of him.
When the class began, without saying a word, he picked up a very large and empty Mayonnaise jar and proceeded to fill it with golf balls.

He then asked the students if the jar was full.
They agreed that it was.

The professor then picked up a box of pebbles and poured them into the jar.  He shook the jar lightly. The pebbles rolled into the open areas between the golf balls.

He then asked the students again if the jar was full.
They agreed it was.

The professor next picked up a box of sand and poured it into the jar.
Of course, the sand filled up everything else. He asked once more if the jar was full.
The students responded with a unanimous 'yes.'

The professor then produced two cups of coffee from under the table and poured the entire
contents into the jar, effectively filling the empty space between the sand.
The students laughed.

'Now,' said the professor, as the laughter subsided,  'I want you to recognize that this jar represents your life. The golf balls are the important things - Family, children, health, friends, and favorite passions
 things that if everything else was lost and only they remained, your life would still be full.

The pebbles are the other things that matter Like your job, house, and car.

The sand is everything else -- the small stuff.

'If you put the sand into the jar first,' he continued, 'there is no room for the pebbles or the golf balls.
The same goes for life.

If you spend all your time and energy on the small stuff,
You will never have room for the things that are important to you. So...

Pay attention to the things that are critical to your happiness.
Play with your children. Take time to get medical checkups.
Take your partner out to dinner.
Take time out with your friends.
There will always be time to clean the house and fix the washing machine.

'Take care of the golf balls first -- The things that really matter.
Set your priorities.
The rest is just sand.'

One of the students raised her hand and inquired what the coffee represented.
The professor smiled. 'I'm glad you asked'.

It just goes to show you that no matter how full your life may seem,
there's always room for a couple of cups of coffee with a friend.'

Please share this with everyone you care about.

What Is The Most Important Ingredient For Success?

"When one door of happiness closes, another opens; but often we look so long at the closed door that we do not see the one which has opened for us."

BY: Helen Keller

If I asked you to draw a picture of an elephant, it would be very different from mine or anyone else’s. But at the same time our drawings will have a lot in common. We would most likely draw a large four-legged animal with two big ears, a long trunk, two ivory tusks and a little tail.

Similar if I asked you “What does success mean to you?” I would get YOUR own amazing and unique definition of success. But maybe the main components of success do not change!

What do you think?

For me the most important ingredients of success are awareness, creativity and consistency.

Awareness helps me to; stay present and focused on my most important goals, realize the importance of change, make the right decisions and learn from my failures.

Creativity helps me to figure out better ways of accomplishing something, and makes the whole process more fun and exciting. It is very helpful when I do not feel like doing a particular task or when I am just being lazy.

Consistency is probably the hardest one to master. But if you are aware of both your thoughts and emotions and are creative enough to motivate yourself into doing something, consistency will follow.

But I am curious to know your perspective on success? What do you think is the main component of success? What do you think would make you unstoppable and your achievements infallible?

Share your comments below and let’s see if you can come up with our own secret success formula