Santos awards Australian FEED prize

Australia

PERTH, August 23, 2021 – Santos has signed a contract with Altera Infrastructure for FEED works for an FPSO facility connected to the offshore Dorado project in Western Australia, the upstream operator announced on Monday.

The full FPSO project includes engineering, procurement, construction, installation, commissioning and testing of the asset.

The USD 2-billion Dorado project will be developed in two phases. The first is production of oil and condensate through a well head platform and FPSO. The second phase will involve gas production.

The first phase is expected to have a peak production of 100,000 bopd. The FPSO’s oil storage capacity will be 1 million barrels.

Santos has an operating stake in the project, with Carnarvon Petroleum holding the remaining 20% share.

Contracts for the well head platform and subsea umbilicals, flowlines and risers are expected to be awarded soon.

The cost of the works was not disclosed.