The Australian Conservation Foundation Inc. (ACF) is seeking an injunction to restrain Woodside Energy Group Ltd.’s Scarborough gas project, according to a recent Woodside press release.
Located in the Scarborough Field in Carnarvon Basin offshore Western Australia, the floating production unit is projected to yield 8 million tonnes per annum of LNG. The first LNG cargo from the Scarborough project is expected to arrive in 2026. However, ACF commenced proceedings in the Federal Court of Australia in an attempt to halt the Scarborough project until the environmental impact on Australia’s Great Barrier Reef is assessed.
Woodside CEO Meg O'Neill noted in a June 21 release that the project has already undergone environmental assessments by regulators such as the National Offshore Petroleum Safety and Environmental Management Authority, the Commonwealth Department of Agriculture, Water and the Environment and the Western Australian Environmental Protection Authority.
“The Scarborough project is underway and proceeding to schedule after receiving all primary environmental approvals,” O'Neill commented in the release. “The project will deliver significant local and national benefits in the form of employment, tax revenue and reliable gas supply in the energy transition for decades to come.”
Woodside approved the spending of $12 billion to develop the project in November 2021 alongside partner BHP Group. The company has since acquired BHP’s stake in the project.
In April, Woodside proceeded with both the Scarborough project and its Pluto LNG expansion project after receiving key approvals from the Australian and Western Australian state governments.
ACF argues the Scarborough project would create approximately 1.37 billion tonnes of greenhouse-gas pollution over the next 25 years and fuel climate change surrounding the Great Barrier Reef in Queensland.
“Scarborough’s gas is a climate bomb about to be detonated,” ACF CEO Kelly O’Shanassy said in a June 22 report. “If it goes ahead, the Scarborough gas mine and its Pluto extension will produce vast quantities of climate-heating gas for the next quarter of a century."
Recommended Reading
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.