The conditional approval is valid until 31 December 2070, and allows for Woodside to install, operate and decommission the infrastructure for the development of the Torosa, Brecknock and Calliance gas fields, located approximately 425 km north of Broome, Western Australia, in the Browse Basin, using FLNG technology.
The approval follows the Browse FLNG Project entering the front-end engineering and design (FEED) phase in July 2015, after having reached a key principles agreement with the Western Australian Government to develop the Browse gas fields.
The FEED phase will involve finalising costs and technical definition to enable a final investment decision, with a final investment decision (FID) targeted for the second half of 2016.
Participants in the Browse joint venture include Woodside as operator, Shell Development Australia, BP Developments Australia, Japan Australia LNG (MIMI Browse) Pty Ltd and BHP Billiton Petroleum (North West Shelf) Pty Ltd.