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Tamboran Resources: Wood, awarded contract for proposed NTLNG Concept Select Contract

25 Jul 2023 5:29 PM | Stephanie Berlin (Administrator)

Highlights

  • Tamboran Resources (Tamboran) has awarded John Wood Group plc, (Wood), (LON: WG) the contract to undertake the Concept Select Engineering phase for the proposed NTLNG development at the Middle Arm Sustainable Development Precinct (Middle Arm) in Darwin.
  • This initial engineering phase will evaluate the technical and commercial opportunity to construct a 6.6 million tonne per annum (MTPA) LNG development, subject to establishment of commercial flow rates from Tamboran’s Beetaloo Basin assets.
  • The Concept Select phase is expected to be completed during the first half of 2024, ahead of entering pre-Front-End Engineering and Design (pre-FEED) during 2024.
  • The scope of the studies includes evaluation of the proposed three train concept, LNG liquefaction technology selection including the evaluation of e-drives powered by renewables and carbon capture and storage infrastructure, site configuration and initial cost estimates.

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