Australian independent Woodside Petroleum remains reliant on domestic projects for growth — in the 15 months since revived plans to increase its global upstream presence — as some of its recent foreign forays are caught up in political issues beyond its control. Woodside has decided to push ahead with using floating LNG technology to develop the 15.5 trillion ft3 (438bn m~3) of gas from the three fields that comprise the Browse project offshore Western Australia (see p1). This comes at a time when uncertainty surrounds the company’s plans to build LNG capacity for the Leviathan field offshore Israel, and as the treaty governing the 150bn m~3 Sunrise gas field in the Timor Sea finds itself the subject of international arbitration (AGL, June, p17).
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