One LNG Project NEWS

Santos looks set in as little as one month to shut down its Darwin liquefied natural gas project in Australia’s Northern Territory as feed gas levels from its ageing Bayu-Undan field offshore Timor-Leste fall below the level required for commercial operations.

Well logging expert, Schlumberger, has pulled out of a joint venture with Golar Energy and Ophir Energy. The company said that the decision of leaving the One LNG scheme to develop the Fotuna Liquefied natural gas project in the Niger Delta was totally due to financial reasons. The first gas from the project is expected in 2020.