Exploration and production activities in the country are concentrated offshore northern Australia. We have a 100% share in production licence WA-33-L, which contains the Blacktip gas field. With regard to the appraisal and development stages, we hold a 100% and 72.2% share respectively in the NT/RL8 and NT/RL7 areas, which contain the Blackwood and Evans Shoal gas fields, respectively.
The Blacktip gas field (Block WA-33-L) started-up in 2009 and produced approximately 36 bcf of year in 2019. The project is supported by an unmanned well head platform (WHP), which exports gas via a 108-kilometer long pipeline to an onshore treatment plant, Yelcherr Gas Plant (YGP) with a capacity of 42 bcf of year. Natural gas extracted from this field is sold under a 25-year contract to supply local Australian company, Power & Water Utility Co. Elsewhere in the country, we have a non-operating share in the Darwin LNG plant, which is connected to the gas and condensate field in Bayu-Undan, located in Timor Leste waters.
In May 2021, through our subsidiary Eni Australia Limited, we signed with Santos a non-binding Memorandum of Understanding (MoU) to jointly seek cooperation opportunities in the following areas:
- optimisations, synergies and sharing of infrastructure between the Barossa Project and the Evans Shoal development, including the potential expansion of Darwin LNG and options to repurpose and extend the life of Bayu-Undan
- potential joint development of CO₂ capture and storage or utilization (CCUS) facilities, serving not only assets owned by the two companies but open to any interested third-party project in the Darwin area, with the long term objective of facilitating the creation of a CO₂ management hub in the Northern Territory;
- potential collaboration in new Upstream development opportunities in relation to other offshore stranded resources located in northern Australia.