Hundreds of jobs to be created with new $1.6bn FLNG development

Monica Gameng   |   May 14, 2018

A Major Project Status has been granted to a $1.6 billion floating liquefied natural gas (FLNG) by the Australian Government, and the project is going to be developed by Perth-based Transborders Energy.

In order to progress this development, Transborders is working with its partners, Add Energy and TechnipFMC, and it technical advisor MODEC as well as a major Asian LNG Buyer.

“We are very pleased to receive the Major Project designation… We look forward to working with the Australian Government to deliver our predetermined, low-cost FLNG Solution for monetizing a range of stranded gas resources in the Australian jurisdiction,” Transborders Energy Managing Director Daein Cha said.

This project is expected to support up to 150 direct jobs during its commissioning and hook-up, with approximately 100 direct and 200 indirect jobs over the life of the project.

Minister for Jobs and Innovation Michaelia Cash said that the project will receive assistance from the major project facilitator agency in navigating through the Australian Government’s approval process.

The Minister also welcomes the projects potential to create jobs for the region as well as its innovative approach.

“This project is a great example of how innovation within our existing industries is creating new jobs for Australians.

“Innovation isn’t just about new start-ups, innovation is doing what we currently do well and improving it,” Ms Cash said.

This FLNG project is expected to increase the country’s gas liquefied natural gas exports by up to 1.2 million tonnes per annum (Mtpa) over a 25-year lifespan beginning in 2025.

The small-scale FLNG vessel is going to be deployed in a gas field that is previously difficult to retrieve and commercialise.

“This project, and other FLNG development, are helping to build Australia’s reputation in the offshore gas sector. The Australian Government is dedicated to ensuring Australia’s resource and energy sectors are globally competitive, innovative and continue to create jobs,” Minister for Resources and Northern Australia Matt Canavan said.

Stay up to date with the latest industry news and project updates by subscribing to Felix Project News today.

Source: WA Today; Australian Mining; Transborders Energy; Minister and Assistant Ministers for the Department of Industry, Innovation and Science

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

Projects
$470m vanadium mine project in QLD to create hundreds of local jobs

A $470 million vanadium mine is one step closer to beginning development in North West Queensland as Multicom Resources’ proposed Saint Elmo Vanadium Project receives a prescribed project status.

Projects
Mardie Salt and Potash Project to create hundreds of jobs for WA

The Australian Government has granted BCI Minerals a Major Project Status for its Mardie Salt and Potash Project Western Australia’s West Pilbara, which is anticipated to create hundreds of jobs for the region.

Projects
$90m Isaac Downs coal project in QLD to create hundreds of local jobs

Stanmore Coal’s $90 million Isaac Downs mining project has been declared a prescribed project, taking the proposed development a step closer to creating hundreds of jobs as well as providing a regional economic boost to Central Queensland.

Get the latest project news

Join thousands of construction and mining pros getting the best content right in their inbox.

✓ updates on Australia's pipeline of state and federal projects

✓ fresh contract awards from major contractors and builders

Complete the form to get started