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Transborders Energy Pty Ltd has announced that it has signed a multi-party and multi-project FLNG solution framework agreement with the following entities for co-pursuing the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities.
This FLNG Framework Agreement is a first-of-its-kind collaborative arrangement among world class EPCI and O&M contractors, investors and LNG offtakers to collectively commercialise a series of discovered but stranded offshore gas resource opportunities.
Entities involved in the framework agreement:
Add Lucid Pty Ltd (Add Energy Group).
Kyushu Electric Power Co., Inc. and Kyushu Electric Australia Pty Ltd (collectively Kyushu Electric Power).
Article by Amanda Jasi
AUSTRALIAN energy company Transborders Energy has signed memorandums of understanding (MoUs)with researchers and oil and gas industry leaders to consider co-developing an Australian offshore carbon dioxide (CO
2) capture and storage hub, the deepC Store Project.
The project will involve capturing CO
2 from industry in Australia and the Asia-Pacific region and shipping liquid CO
2 from capture sites to a floating storage and injection (FSI) hub facility. A CO
2 injection well for storage in a subsurface storage complex will be located near the FSI hub.
The MoUs will enable industry and researchers to share information and knowledge related to scoping and seeking funding for a concept study to evaluate the technical, commercial, and economic aspects involved in delivering the project. According to Transborders, all the organisations bring experience and expertise to the project, whether as technical experts, liquid natural gas project investors that could