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Santos starts phase 3C infill drilling at Bayu-Undan May 25, 2021 3:36:am Summary The programme will help to extend field life as well as production from the offshore facilities and the Darwin LNG plant. by: Shardul Sharma Posted in: Santos starts phase 3C infill drilling at Bayu-Undan Santos on May 25 announced the start of the phase 3C infill drilling programme at the Bayu-Undan field, in Timor-Leste offshore waters. The programme, given a final investment decision in January this year, comprises three production wells and will develop additional natural gas and liquids reserves, extending field life as well as production from the offshore facilities and the Darwin LNG plant. ....
Jera, IHI plan ammonia co-firing plant in Japan Japan s Jera and IHI Corp have had a grant application accepted for a programme to co-fire ammonia with coal in thermal power generation, they said on May 24. The demonstration project will be conducted under the Japanese state-run New Energy and Industrial Technology Development Organisation’s “Development of Technologies for Carbon Recycling and Next-Generation Thermal Power Generation / Research, Development and Demonstration of Technologies for Ammonia Co-Firing Thermal Power Generation programme. “Looking to reduce future environmental impact, the demonstration project aims to establish ammonia co-firing technology by co-firing coal and ammonia at a large-scale commercial coal-fired power plant and evaluating both boiler heat absorption and environmental impact characteristics such as exhaust gases,” the companies said. The project will run for approximately four years from June 2021 to March 2025 ....
Santos completes Bayu-Undan, Darwin LNG sell down Australia s Santos on April 30 said it had completed the sell-down of 25% interest in Bayu-Undan field in the Timor Sea and Darwin LNG project to South Korea s SK E&S, which is also a partner in Barossa. The sell-down resulted in net funds to Santos of US$186mn at completion, being the sale price of US$390mn less the cashflows from the 25% interests from the effective date of October 1, 2019, to completion, the company said. Santos and SK E&S have also signed a memorandum of understanding to jointly investigate opportunities for carbon-neutral LNG from Barossa, including collaboration relating to Santos’ Moomba CCS project, bilateral arrangements for carbon credits and potential future development of zero-emission hydrogen. ....