At the end of the Q3 FY18, Train 2 was 97 per cent complete with all construction systems completed and handed over to commissioning.
Acid gas removal unit degreasing and main refrigerant compressor mechanical runs have been successfully completed ahead of schedule.
Woodside has identified the key priority in preparation for start-up as completion of final integrity testing.
First LNG from Train 2 is on target for Q2 2018, while domestic gas production is expected to commence in H2 2018.
Train 1 production has been steady, demonstrating production rates above nameplate capacity.
Project operator, Chevron, aims to produce 8.9 MMt/a of LNG through two trains to be supplied by permits WA-235-P and WA-17-R, located in the Wheatstone field, offshore Western Australia.
The field is situated 145 km off the Pilbara coast, approximately 100 km north of Barrow Island and 225 km north of Onslow, with the two permits estimated to contain 4.5 Tcf of gas.
Joint venture interests in the project include Chevron (operator, 64.14 per cent), Woodside Energy (13 per cent), KUFPEC (13.4 per cent), PE Wheatstone (partly-owned by JERA, 8 per cent) and Kyushu Electric Power Company (1.46 per cent).
Greater Western Flank Phase 2
The GWF-2 project remains on budget and at the end of the quarter was 82 per cent complete.
Drilling and completion activities have been successfully completed, while preparations for pipelay activities are complete and pipelay construction has commenced.
Subsea construction will begin in Q2 2018.
Part of the North West Shelf (NWS) LNG Project, GWF-2 will develop 1.6 Tcf of raw gas from the combined Keast, Dockrell, Sculptor, Rankin, Lady Nora and Pemberton fields using subsea infrastructure and a 35 km, 406 mm pipeline connecting to the existing Goodwyn A platform.
Start-up for the $2.75 billion project is expected in the second-half of 2019.
GWF-2 is the fourth major gas development for the NWS LNG Project in the past seven years.
The NWS LNG Project is owned by the NWS joint venture, comprising BHP Billiton Petroleum (North West Shelf), BP Developments Australia, Chevron Australia, Japan Australia LNG (MIMI), Shell Development (Australia) and operator Woodside Energy.
The Greater Enfield Project remains on budget and at the end of quarter was 53 per cent complete.
Offshore drilling, subsea pipeline and christmas tree installation commenced during the quarter as planned.
Fabrication activities commenced at Keppel shipyard in Singapore in readiness for the floating production storage and offloading (FPSO) facility arrival in Q2 2018.
Located 60 km offshore from Exmouth, Western Australia, the project will develop the Laverda Canyon, Norton over Laverda (WA-59-L) and Cimatti (WA-28-L) oil accumulations.
These reserves will be produced via a 31 km subsea tie-back to the Ngujima-Yin floating production storage and offloading (FPSO) facility, located over the Vincent oil field.
The project is targeting development of gross (100 per cent) 2P reserves of 69 MMboe.
The total investment for the project is approximately $US1.9 billion ($AUD2.5 billion) with first oil expected in mid-2019.
The Greater Enfield Project is a joint venture between Woodside Energy (60 per cent and operator) and Mitsui E&P Australia (40 per cent).