We are looking forward to another highly successful event ... · Oil & Gas industry on show at AOG 2015 in Perth from today The international oil & gas industry will be out to show

thedailyreviewAOG Exhibition & Conference 2015 Official Daily Newspaper www.resolutions-group.com.au

WEDNESDAY 11 MARCH 2015

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Here’s what will send oil prices back up againAs you walk the halls of this year’s AOG Exhibition, you will no doubt hear tales of concern and greatly reduced sales figures, brought on by low international crude oil prices.

There is no doubt that oil’s rapid decline since August of last year has been dramatic, but to listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will.

From June of 2014 until now, the price of a barrel of West Texas Intermediate (WTI) crude oil has fallen approximately 57%. As figure 1. shows, there have been drops of a similar percentage five times in the last 30 years. The rate of recovery has been different each time, but recovery has come. In addition, since 1999 the chart shows a consistent pattern of higher lows. In other words, oil is a volatile market, but prices are in a long term upward trend.

Charts can only tell us so much, however. Even a long term trend can be broken if fundamental conditions change, and that, say those predicting that oil will never recover, is what has happened. There is no doubt that supply has increased. Hydraulic fracturing, or “fraccing” technology has unlocked reserves of oil and natural gas previously thought of as unrecoverable. Supply alone, however, doesn’t determine price. We must also consider demand, and that has been increasing too.

According to this chart, from the U.S. Energy Information Agency (EIA), demand has been increasing along with supply since 2010. Admittedly there has been a production surplus since the beginning of 2014 but that is

nothing new and is forecast to be back in balance by the end of this year. The increased production, then, is in response to increasing demand; hardly a recipe for a protracted period of low prices.CONTINUED ON PAGE 4 >>

AOG 2015 SELLS OUT:More than 620 companies from over 25 nations will be on show.We anticipate over 17,000 attendees who will be able to take their pick of 13 different conference streams, or catch up with their peers in one of the five specialist industry zones.We are looking forward to another highly successful event. Bill Hare, AOG Event Director

APPEA and DomGas spar over Santos contractThe Australian Petroleum Production & Exploration Association (APPEA) has claimed a new five-year gas supply contract signed by Santos and Alcoa undermines DomGas Alliance arguments that domestic gas reservation is needed to correct perceived market failures.

DomGas, however, has stated the deal, while welcome, confirms “repeated warnings that gas users are facing major challenges securing adequate volumes and long-term contracts”. Under the deal, Santos will supply Alcoa 82 PJ, from the John Brookes field in the offshore Western Australian Carnarvon Basin, over an initial contract term

of five years, starting in 2018. The contract provides for two five-year extension options by mutual agreement. Domestic gas reservation remains a topic of hot debate within industry, with APPEA stating the new contract undermines the reservation lobby argument and is evidence of WA’s increasingly mature domestic gas market. APPEA Chief Operating Officer Western Region Stedman Ellis stated DomGas claims that gas reservation is needed to correct a market failure in WA had again been exposed by one of its own members.“The DomGas Alliance has consistently sought to justify ongoing government intervention CONTINUED ON PAGE 5 >>

THE QUESTION WE SHOULD BE ASKING OURSELVES IS NOT IF OIL PRICES WILL RECOVER, BUT WHEN THEY WILL.

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FIGURE 1: INFLATION ADJUSTED WTI SINCE JAN 1985. CHART FROM MACROTRENDS.NET.

2 WEDNESDAY 11 MARCH 2015 THE DAILY REVIEW AOG EXHIBITION & CONFERENCE 2015

AOG 2015: Welcome to PerthWith AOG 2015 now upon us, the eyes of the oil and gas world will over the course of the next three days again fall on Perth, with interstate and international visitors arriving in their numbers for the platform event for the Australian oil and gas industry. Indeed, with AOG expected to attract over 620 companies from more than 25 nations, drawing more than 17,000 visitors, the oil and gas crowd is once again arriving en masse.

And while AOG will, as always, provide plenty of talking points, covering a broad range of topics throughout the three days - including the recent drop in crude oil prices and its impact on local industry, and the growing role of new oil and gas technologies such as FLNG - visitors are also encouraged to get out and about during their time in Perth, to take in the local sights and sounds, and to see what the city and its surrounds has to offer.

While summer has now drawn to a close, the heat is well and truly still in the air, and for those keen on outdoor activities it is a good time of year to be in Perth. With abundant stretches of white coastline a short drive from the city, the beach is accessible in relatively short time, and with

the annual Sculpture by the Sea running at Cottesloe Beach, transforming one of Perth’s most well-known and popular beaches into a sculpture park, it could be a good opportunity to get down to the coast to experience something a little different.

Closer to the CBD, Kings Park, occupying over 400 hectares, is one of the world’s largest inner-city parks, encompassing an array of views, from the Swan and Canning rivers, the city skyline, and the Darling Ranges in the east. Free to enter and featuring bushland walk trails, gardens and parklands, Kings Park is home to the Western Australian Botanic Garden, which contains over 3,000 species of the state’s flora.

For those keen on a beverage of either the caffeine or amber kind, the port city of Fremantle, to the south of Perth, is a popular destination. Fremantle is home to the “Cappuccino Strip”, a hub of cafes and restaurants, known for its al fresco dining, and a lively spot to visit in the evening. A short walk from the strip, towards the harbour, the Little Creatures brewery, offering a selection of local beers and food, looks out over the water. For beer aficionados, Little Creatures runs brewery tours at 1, 2 and 3 pm every day.

Further afield, and for those with a bit of post-conference time

on their hands and the inclination to explore, the southern coast of Western Australia offers up any number of holiday spots, perfect for a weekend getaway. A popular destination, famous for its world-class surf breaks, Margaret River is around 300 km (about a three-hour drive) from Perth. Home to stunning natural scenery, including beaches, caves and forests, if further incentive is needed the region is world-renowned for its wine and is popular for its winery tours.

Finally, and as always, it’s good to see a healthy UK contingent in attendance at AOG.

Funnily enough, and as the peculiarities of timing would have it, The Daily Review notes, with the 2015 Cricket World Cup now well underway, as one group of Englishmen prepare to leave Australian shores, another has duly entered. Commiserations to our northern brothers on another unsuccessful World Cup campaign. Of course, you’re

more than welcome to extend your stay and stick around over the next few weeks to watch the contenders battle it out for the trophy. It should be an exciting time for cricket fans, with only the elite cricketing nations remaining and the standard of cricket sure to lift another notch.

To all our international and interstate visitors, enjoy your time in Perth, and best of luck over the next three days for what is shaping to be another informative and engaging AOG. n

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2015 SCULPTURE BY THE SEA.

THE DAILY REVIEW AOG EXHIBITION & CONFERENCE 2015 WEDNESDAY 11 MARCH 2015 3

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Oil & Gas industry on show at AOG 2015 in Perth from todayThe international oil & gas industry will be out to show its strength in Perth today when the first major international petroleum industry event of the year gets under way.

Oil and gas specialists from around the globe will come together to discuss the latest trends and hear from world leaders, view the latest in technology developments, and kick up their heels at a range

of networking events when AOG 2015 is staged at the Perth Convention Exhibition Centre (PCEC) for the next three days.

Thousands of attendees are set to view a record 620 companies from 25 nations, take their pick of 13 different conference streams, or catch up with their peers in one of the five specialist industry zones. There will also be plenty of opportunities to meet with old friends or make new ones at the various food and beverage centres

open at various points around the venue.

“AOG has a long history of being one of the leading oil and gas gatherings of the year and we are looking forward to another highly successful event,” AOG Event Director at Diversified Communications, Bill Hare, said.

“With the global oil and gas industry at a crossroads due to unstable oil prices and major cut backs in capital expenditure, AOG 2015 is viewed as an early barometer of the amount of confidence that remains in the sector and what areas will still receive strong investment backing going forward.

“AOG 2015 is the place to be if you want to learn exactly what is going on from the leaders in their field at the conference, special industry lunches and the networking zones. And the many exciting opportunities and developments that are available in the industry will be very visible on the Exhibition floor at AOG this year, which will take all available space at the PCEC,” Mr Hare said.

Running for 34 years, AOG is considered one of the key international oil and gas industry gatherings. It also provides major benefits to the Western Australian

economy, with large delegations flying into Perth from all of the world’s leading oil and gas nations.

“We are extremely proud of the international support we receive every year for AOG, with governments from around the world considering the event important enough to make sure it is always on their annual calendar to attend.

“We are also very grateful for the tremendous support we receive from the Western Australian Government and the City of Perth,” Mr Hare added.

Registration for AOG 2015 is free for professionals in the oil and gas industry. n

BILL HARE, AOG EVENT DIRECTOR.


<< CONTINUED FROM PAGE 1

The supply situation makes it unlikely that the recovery will be rapid, but a gradual move up over the next few years is the only logical conclusion.

The low price brigade cites another factor in making their predictions, the rise of alternative energy sources. There is no doubt that there have been significant advances in that area, particularly in wind and solar power, but, according to the EIA, renewables currently account for 11% of the world’s energy consumption. That number will undoubtedly grow in the coming years, but, whether we like it or not, oil consumption still looks set to grow over the next few years. Fraccing can fill some of that demand, but the simple fact remains that oil is still used extensively, and we are using more of it every year. The price simply cannot stay low for an extended period, but while it does it will delay research and infrastructure spending on renewables, slowing the pace of their adoption.

Any increase in price would be hastened by a decision from OPEC and Saudi Arabia in particular, to reduce production. Right now they say that is not on the cards, and why would they cut back? Their

attitude seems to be that the oversupply was not their doing, and as their oil is cheap to produce, they can sit back and watch those who did cause the problem, most notably the upstart American companies, suffer. OPEC has always played the long game and will undoubtedly do so again, but once the lesson has been taught the pressure to restrict supply somewhat will mount. Again it may take time, but it will probably come.

History tells us that the price of oil will bounce back, but so does basic logic. Oil is a finite resource that we are using at an increasing rate, and as long as that situation remains, the laws of supply and demand mean that the price must recover. That is a good thing. As long as oil remains cheap there is little incentive to invest in the alternatives that we will inevitably need someday, nor to reduce our consumption of what is essentially a dirty fuel source. Enjoy low fuel prices while you can, but don’t expect them to last forever.

So, as you take in the atmosphere at AOG 2015, take heart that with all the technology and expertise on display, the industry is ready an able to fire back up – just as soon as those oil prices improve. n

FIGURE 2: WORLD LIQUID FUELS PRODUCTION AND CONSUMPTION BALANCE.

SEA highlights latest in subsea developments and what to look for at AOG 2015 With billions of dollars in Capex being out-laid on subsea developments in the region and subsea being a major component of the AOG 2015 programme, it is timely to speak with Mike Robinson, Chairman of Subsea Energy Australia (SEA) about his views on where this highly specialised sector of the oil and gas industry is headed.

AOG: Mike, thanks for joining us. I wonder if we could start off with your views on what the Australasian subsea market is looking like going forward?

Mike Robinson: Thank you and nice to join AOG on this important discussion. Opportunities do exist in the local subsea market, however, the large mega projects are fewer and further apart compared to the large amount of activity which occurred between 2010 and 2012.

Woodside’s Browse is the mega project that everyone is looking at, with an expected FID around the end of 2015. One of possibly three FLNG vessels installed locally with associated subsea hardware and ongoing Life of Field support, this is a significant subsea project that has everyone’s attention.

Woodside is also progressing with its Persephone and Greater Western Flank projects in 2015, with opportunities for Australian industry participation in both projects. On the other side, projects such as GDFSuez’ Bonaparte FLNG development have been delayed, while there is a hold on Hess’ Equus

development off the West Australian coast. Add-on or ‘infill’ wells for existing projects such as Gorgon and Wheatstone, as well as Concerto, may slide to the right based on current information, however new equipment will be needed to maintain gas production levels for the LNG/FLNG facilities.

The well-known sale of Apache’s gas assets to Woodside may influence decisions on future add-on systems to Julimar and other potential Apache developments such as Zola. Oil developments are fewer, but still around with some possible work on Eni’s Kitan, pending drilling results, as well as Woodside’s Greater Enfield and the recent Apache/Carnarvon find. However, the current oil price woes may impact decisions and timing on these projects.

AOG: What have been some of the major new technical developments in the subsea sector?

Mike Robinson: The advent and expansion of the utilisation of large bore Vertical Subsea Trees, as first used by Woodside on Perseus over Goodwyn (PoG), Pluto and

Angel - are now being supplied and installed in their latest versions for Wheatstone, Prelude, Xena and Ichthys.

Acceptance of the use of subsea processing has taken a significant step forward with one major operator prepared to consider subsea gas-liquid separation on essentially equal terms to those used on a topside facility.

So the future for subsea is for the increased use of single and or multiphase boosting, as well as gas-liquid, and or, liquid-liquid separation.

Raw and or treated seawater injection is also attracting interest for reservoir pressure maintenance.

Long distance tiebacks for stranded gas is now part of the portfolios of many global oil companies, with Australia having more than its fair share. So the use of new technology, such as processing, subsea wet or dry gas compression, along with the implementation of long distance controls (either in electro-hydraulic or all electric), are key parts of the strategies being used to unlock these opportunities.

AOG: What are some of the exciting subsea related events attendees will see at AOG 2015?

Mike Robinson: Subsea Energy Australia supports the AOG Conference in association with the Society of Underwater Technology (SUT). We see the event as a key technical and commercial conference with top class technical and pertinent, commercially focused presentations and workshops. n

Attend Subsea at the conference on Wednesday 11 and Thursday 12 March.Visit aogexpo.com.au/subsea for more info.

FOOTNOTE: SEA IS A NOT-FOR-PROFIT INDUSTRY ASSOCIATION AIMED AT CHAMPIONING AUSTRALIAN SUBSEA INDUSTRY CAPABILITIES TO THE WIDER REGIONAL AND GLOBAL MARKETS. THE ASSOCIATION, ALONG WITH, SOCIETY FOR UNDERWATER TECHNOLOGY (SEA) AND SUBSEA UK (SUK) HAS PLAYED A KEY ROLE IN PUTTING TOGETHER THE SUBSEA STREAMS AND SUBSEA ZONE AT AOG 2015.

1. These sessions help drive efficiency, share learnings and help to maintain Australia as a leader in the oil and gas industry.

2. Many companies choose to showcase their latest technologies at AOG, with ample opportunity for those new to the subsea sector to be educated and informed at the various exhibition stands.

Australia Marine Services Australia Marine Services (better known as A.M.S. Tugs & Barges) has been operating since 2004 and is one of the most dynamic marine vessel service providers and operators that the industry has to offer.

A.M.S.’ fleet features some of the industry’s most modern vessels, with an average age of 18 months, and built to suit operations and projects in Australia. A.M.S’ clients are always assured with the efficiency and reliability that A.M.S.’ vessels are capable, hence have lower maintenance costs and better efficiency during their project operations.

Proven through their vessels’ involvement in numerous landmark projects across Australia, the company’s knowledge and experience provide a solid platform for them to work closely with their clients and meet the demands of their projects.

A.M.S. is also capable of designing, constructing and supplying vessels to their clients’ specific requirements as evident in previous successful cooperation where A.M.S. supplied two specialised barges to an international construction company operating in Queensland, and also supplied two purpose-built barges to act

as floating jetty for a client. In line with the company’s philosophy, A.M.S. Tugs and Barges’ goal is to provide esteemed clients with a level of quality service that is unparalleled to other similar vessel providers.

2015 marks the company’s 11th year in WA. A.M.S. Tugs & Barges looks forward to providing continuous service excellence towards its growing Australian-based clientele for another decade. A.M.S. is exhibiting at AOG 2015 and welcomes all visitors to their stand at A26 in the Subsea Zone. n

Things to do at AOG#1 AOG Conference

This year’s conference, sponsored by Aurecon, will feature a brand new stream: FLNG — one of the global oil and gas sector’s most exciting and game-changing new technologies. With Shell’s Prelude FLNG project off the northwest coast of Australia set to become the world’s first, there is no doubt that this is a very timely and relevant topic. The FLNG

stream is also boosted by the participation of a number of speakers who are working closely with the project. Other exciting streams include Subsea, Human Capital, Australian Industry Participation and so much more.

Wed 11 to Thurs 12 March 9am – 5pm Conference passes from $499

#2 AOG Opening Party

With a host of networking events held throughout the week, AOG Opening Party, sponsored by Aker Solutions and held on the first day of AOG, is a key highlight. Always well-attended and known for being a place to make new contacts or catch up with old friends, tickets to this annual event are snapped up quickly. If you are up for a great evening of food, drinks and

A.M.S. GLADSTONE – 210FT X 70FT X 14FT DECK CARGO BALLAST TANK (SPUD) BARGE AT BRISBANE RIVERWALK PROJECT.


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<< CONTINUED FROM PAGE 1

in the WA domestic gas market by claiming that its members cannot secure the volumes of gas and the length of contracts they need,” Ellis commented.

“But the long-term contract signed by Santos and Alcoa, which is a key member of the alliance and WA’s single biggest gas user, shows there is no difficulty obtaining domestic gas supply.

“The Alcoa deal follows last year’s announcement by FMG, another alliance member, that it is converting its operations from diesel power to gas, an investment that would not be contemplated in a constrained market.”

DomGas, however, said the deal “shows that the state’s largest gas user and a major jobs generator has only been able to secure less than 20% of its energy needs in a market that producers claim is well supplied”.

While foreign customers are offered 20-year contracts, local firms are offered five years, DomGas said.

“The Santos-Alcoa deal confirms that as the big oil and gas producers ramp up their sales of our gas to China and Japan, Western Australian industry and jobs are being left in the lurch,” DomGas stated.

“The APPEA response is entirely predictable and is aimed at deflecting attention from the serious situation facing gas users in our state.”

Alcoa states it consumes approximately 25% of the state’s total domestic gas supply, with the Santos deal to meet 18% of its WA gas requirements.

Last December, the Independent Market Operator’s (IMO) Gas Statement of Opportunities found that supply of gas to the WA domestic market is expected to be adequate to meet demand over a forecast period to 2024.

The IMO noted uncertainty had “reduced considerably” following the WA government’s announcement of an agreement reached with the North West Shelf joint venture late last year, with operator Woodside and its partners agreeing to reserve domestic gas equivalent in volume to 15% of new approved LNG exports.

“The evidence clearly shows that there is no difficulty obtaining domestic gas supply as long as customers are prepared to pay prices that reflect the high cost of exploration and development,” Ellis stated.

Santos General Manager WA & NT Brett Woods stated the Alcoa contract is significant “not only in terms of its value, but also in its tie-up with WA’s biggest buyer of natural gas”.

“I am confident it will set the foundation for a long, fruitful association between the two companies, allowing for other gas supply opportunities to be explored,” Woods stated. n

AOG Networking ZonesAOG has a variety of networking zones on the show floor where you can relax, enjoy a drink, grab a bite to eat and catch up with friends and colleagues.

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REGISTER NOW AT AOGEXPO.COM.AU/WA

AOG has a variety of networking zones on the show floor where you can relax, enjoy a drink, grab a bite to eat and catch up with friends and colleagues.

AOG Networking Zones

The DenThe Den is the place to be to enter the $10K Wartsila Prize Draw. You can also pick up a free coffee and a free massage while you’re there.

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Weir Bratwurst BarTaste the finest German delicacies at the Bratwurst Bar, where you can grab a delicious Bratwurst and Bohemian Pilsner to keep you moving at AOG.

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INTECSEA Paella BarSpanish flavours burst to life at the INTECSEA Paella Bar. Chicken and chorizo paella and a cool glass of sangria combine for a refreshing break during AOG.

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Ansell RestaurantHead to the Ansell Restaurant for a bite to eat, including burgers and gourmet pies. There is a free mobile phone charge bar onsite, so you can charge up your phone or tablet while you chow down.

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Matrix Oyster BarJerry Fraser, the ‘King of Oysters’, is back for the ultimate oyster shucking experience. Pair with a glass of wine and indulge yourself.

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Aurecon Conference CaféA great place for lunch. Grab a steak sandwich, spiced chicken wings or a delicious pizza to keep your brain switched on during AOG.

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Official BarWind down after a busy day with a cold beer at Print Hall, the official bar of AOG. You will find Print Hall at 125 St Georges Terrace, just a short stroll from AOG.






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entertainment be sure to snap up a ticket quickly and celebrate the oil and gas industry with us.

Wednesday 11 March 7pm – 9pm Tickets $99

#3 AOG Women

As one of the most anticipated events at AOG, AOG Women, brought to you by Inpex, brings together women from throughout the oil and gas industry who are turning traditional gender stereotypes on their heads and challenging businesses to find a female voice. Enjoy an afternoon of networking and inspiration, featuring a keynote speech

and panel discussion on issues impacting the growing number of women in the oil and gas industry over high-tea. There is also chance to win a stunning Australian South Sea Cultured Pearl and Champagne Diamond Pendant from Willie Creek Pearls.

Friday 13 March 1pm – 4pm Tickets $89

#4 AOG Networking Zones (plus the best bites at AOG)

AOG has a choice of networking zones on the show floor where you can relax, enjoy a drink, grab some food, and catch up with key contacts at the event. The exhibition will be buzzing with networking zones to fuel you through the day, highlights include:Jerry Fraser the ‘King of Oysters’ for the ultimate Oyster Shucking experience in the Matrix Oyster Bar, or if your taste is for the finest of

German or Spanish delicacies, then make sure you make your way to the fabulous Bratwurst Bar and INTECSEA Paella Bar. Wind down after a busy day, there is no better place to join the flock of AOG visitors for a beverage than at Print Hall, the official AOG bar sponsor.

For more information and tickets visit: aogexpo.com.au/2015


Support your ops and maintenanceOperations and maintenance support facility immediately available

As projects move from execution to the operating phase, the focus shifts from construction issues to establishing operational excellence. Operational excellence ensures production facilities are run safely, reliably and cost effectively. The AMC CUF infrastructure provides an ideal platform to support an organisation’s determination to meet its operational excellence goals. As a support facility, the AMC CUF can provide when needed:

• A logistics base for importing, storing, staging and transporting supplies

• A maintenance facility for servicing and repairing floating assets

• A maintenance facility for servicing and repairing production equipment

This potential has been recognised by several major players in Western Australia:• Chevron has established a

world-class service and supply base at the AMC CUF. Currently this base is supporting the

construction supply chain to the Chevron Gorgon Barrow Island project, and this support will be available to operations and maintenance when construction is complete.

• Carnegie Wave Energy will use the CUF to support the deployment and testing of its next generation CETO 5 unit to be installed off of Garden Island, providing power and freshwater to the HMAS Stirling naval base.

• The RAN routinely uses the CUF infrastructure to support maintenance projects on the ANZAC –class frigates and Collins-class submarines.

Immediate access to the extensive serviced laydown areas, the five loadout/service wharves and a world-class floating dock, ensures all your efforts toward operational excellence will be supported by the AMC CUF.

The AMC CUF is located on the coast at Henderson, 23 km south of Perth Western Australia.

The AMC CUF is managed and operated by AMC Management Pty Ltd. To find out more about the AMC CUF contact AMC Management on Stand Y14 or go online at australianmarinecomplex.com.au. n

Waitsia has potential to be a “significant source” for the WA domestic gas marketAWE, operator of the L1/L2 joint venture in the onshore Western Australian Perth Basin, has advised that the Senecio-3 well has achieved an average gas flow rate of 12.3 MMscf/d from its primary target in the upper Kingia Sandstone, confirming the commercial potential of the Waitsia field.

The well will be shut in for a brief pressure build-up survey prior to a series of flow tests at various choke

settings, rates and wellhead pressures, AWE advised, to be followed by an extended pressure build-up survey, with the full testing program expected to be completed by mid- April.

A preliminary maximum gas flow-rate of 18.5 MMscf/d was measured on a 48/64-inch choke, while at the end of an 18 hour clean-up period, the well flowed gas at the average rate of 12.3 MMscf/d with a wellhead pressure of 1,980 psig over a 5-hour period on a 36/64 inch choke, AWE stated, with the gas composition predominantly methane with circa 2% of CO2 present, within gas pipeline specification.

“This is an excellent result for AWE, the local community and Western Australia,” AWE Managing Director Bruce Clement commented.

“The initial flow-test results confirm the Kingia Sandstone is a conventional gas reservoir capable of producing commercial flow rates of gas. It has also confirmed the potential for an exciting new gas play in the North Perth Basin.

“The Waitsia gas field represents an estimated gross 2C contingent resource of 290 billion cubic feet (Bcf) of gas with significant upside of up to 1.17 trillion cubic feet (Tcf) of gas, and we are planning to drill two additional appraisal wells on the Waitsia field this year to better define its full potential.”

Clement further stated AWE is “undertaking engineering studies on potential low-cost, early-stage development” of the field using existing plants and pipeline infrastructure, delivering gas into the domestic market.

“The Waitsia gas field has the potential to be a significant source of gas for the WA domestic market,” he commented. “The long-term outlook for gas prices in WA is positive and we have commenced work on gas marketing.”

AWE holds a 50% interest in L1/L2, with Origin Energy holding the remaining 50%. n

The EIC Returns for Australasia Oil & Gas 2015The Energy Industries Council (EIC), the leading trade association for UK companies that supply capital goods and services to the energy industries worldwide, will be back at Australasian Oil & Gas this year - managing the UK pavilion and showcasing the knowledge, products and expertise the UK has to offer.

The presence of the EIC and 17 UK companies at Australasian Oil & Gas 2015 comes at a time where – despite the current low oil prices – a wide variety of new upstream oil and gas project opportunities are available to the UK and broader energy supply chain.

According to EICDataStream, the EIC’s global project tracking database that covers over 10,000 projects worldwide, there are currently 524 projects being tracked in the Australasia region. Out of these, there are 273 projects under proposal or under development with a cumulative potential investment value of US$445.11 billion.

More than 90% of these projects are located in Australia followed by Papua New Guinea, New Zealand and Timor-Leste.

The UK pavilion at Australasian Oil & Gas 2015 gives exhibiting UK companies a platform to showcase their services and innovative engineering solutions while also the ability to discuss region-specific needs directly with senior decision-makers.

EIC companies participating in the event include pipeline specialists, Atmos International and Optical Metrology Services; instrumentation, automation systems and engineering component specialists, Bifold Group, Koso Kent Introl and Lonestar Group; waste heat recovery company, CiTECH Energy Recovery Solutions; and Heatric, a provider of heat exchange solutions.

The Lifting Equipment Engineers Association (LEEA) will also be part of the UK pavilion as will be Process Systems International, a provider of pumping solutions; MSCM, a manufacturer of subsea products; Rollstud Limited, a manufacturer of studbolts and fasteners; Ruslan International, a heavy air cargo charter specialist and Volga-Dnepr, a leading company in the heavy

cargo market; Senscient, a provider of laser based, open path gas detectors; Special Metals Wiggin, a provider of alloy products; Sterling Quality Services, providers of independent inspection and Quality Assurance services; and finally Oilandgasjobsearch.com, one of the world’s premier oil and gas industry job sites.

According to EIC DataStream, the top present projects in the Australasia region (among others) include the P’nyang, Elk-Antelope and Equus gas field developments; the North West Shelf project on the Persephone Gas Field, Greater Western Flank II & Lambert Deep West; the PNG LNG Expansion Project operated by Exxon Mobil; the Gladstone LNG Project operated by Santos; the Wheatstone LNG Plant; the Greater Sunrise Gas and Condensate Fields; the Australia Pacific Liquefied Natural Gas (APLNG) project; and the Greater Gorgon Gas Project - Barrow Island LNG.

“Despite the recent low oil prices, Australasia remains a key target region for the UK energy supply chain,” said Azman Nasir, Head of Asia Pacific at the EIC. “We’re delighted to be at Australasian Oil & Gas again, showcasing everything the UK has to offer.’

To find out more about EICDataStream and other ways in which the EIC can support your business development activities, visit the EIC at the UK Pavilion (stand 030), where EIC staff will be on hand to answer your questions. n

Contact: Azman Nasir, DirectorEIC Asia PacificTel: +6-012-273 6265Email: [email protected]

AZMAN NASIR.

SENECIO-3 LOCATION MAP.


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ST GEORGES TERRACE

MOUNTS BAY RD

KINGS PARK ROAD

NARROWSBRIDGE

KINGS PARK

SWAN RIVER

City of Vincent

Town of Victoria Park

City o

f South

Perth

Town of Cambridge

Cit

y o

fS

ub

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THOM

AS S

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Royal St

WIL

LIA

M S

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BEA

UFO

RT S

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MURRAY ST

RAILWAY ST

ROE ST

WELLINGTON STWELLINGTON ST

NEWCASTLE ST

MURRAY ST

ADELAIDE TERRACE

Terrace Rd

RIVERSIDE DRIVEHEIRISSON

ISLAND

BA

RR

AC

K S

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WIL

LIA

M S

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MURRAY ST GODERICH ST

HAY ST

WELLINGTON ST

LOR

D S

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HAY STHAY ST HAY ST MALL

MURRAY ST MALL

King

St

Pier

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Pla

in S

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Hil

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Bur

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Pla

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CAUSEWAY

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MALCOM S

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BarrackSquare

THE ESPLANADE

MCIVERSTATION

PERTH

CITYWESTSTATION

ESPLANADESTATION

BUSSTATION

BUSPORT

CLAISEBROOKSTATION

Perth Arena

GRAHAM FARM

ER F

REEWAY

RIVE

RSID

E DRIV

E

Wal

ker

Ave

Vent

nor

Ave

Out

ram

St

Alto

na S

t Colin Grove

Parliament Pl

Rheola St

Ord St

Richardson St

Cook St

Clive St

Colin St

Mayfair StPrincess Margaret Hospital

Thelma St

Delhi St

CO

LIN

ST

Emer

ald

Tce

Hav

eloc

k St

Arthur St

Prowse St

Market St

City PoliceStation

Wellington Pl

SUTH

ERLA

ND

ST

Har

vest

Tce

Cliff StMount S

t

Spring St

SUPREMECOURT GARDENS

LANGLEY PARK

STIRLINGGARDENS

WELLINGTONSQUARE

QUEENSGARDENS

OZONERESERVE

POINT FRASER

WETLANDS

WACRICKET

ASSOCIATIONGROUND

GLOUCESTERPARK

RACEWAY

VICTORIAGARDENS

MARDELUPPARK

Forr

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Plac

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to L

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on S

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Geor

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MIL

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AN

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Mill

St

How

ard

St

Sher

woo

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Que

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Wolf Lane

ELIZABETH QUAY(Under construction)

Moore St

Pier

St

Nas

h St

Short St

Stir

ling

St

Francis St

JAMES ST

SHEN

TON

ST ABERDEEN ST

Lake

St

Park

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Irw

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VIC

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IA A

VEN

UE

Victoria Square

Royal PerthHospital

The Mount Hospital

Kings ParkInformation

Wittenoom St

Forrest

Ave

Hill

St

Moore St Bronte St

Wickham St

Bishops Row

Northbert St

Clotilde St

Brook St

Royal St

Kensington St Brown St

Fielder St

Trafalgar Rd

City Farm Pl

East Parade

Victory Tce

Nile St

Nelson Cres

Hale St

Lime St

Nel

son

Ave

Wat

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o C

resc

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West St

Plaistowe M

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TOTTERDELL PARK

HAROLD BOAS

GARDENS

Luck

now

Pl

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l

Law

renc

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Campbell St

Colin Pl

Troode St

Mitchell FreewayMitchell Freeway

Saunders St

Beacon Tce

Henry Lawson Walk

Henry St

Boans LaGlyde St

Arden St

Eastbrook Tce

Regal Pl

Wic

kham

Pl

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Hor

atio

St

Trinity Ave

John St

Palm

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on S

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FITZ

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Mou

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Footbridge

Via

Torr

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Mus

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St

Kwinana Freew

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Kwin

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Free

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Fraser Avenue

May Drive

Lovekin Drive

Forr

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Dri

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LEEDERVILLESTATION

Mer

cant

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Jewell Lane

LAKE VASTO

Mill

igan

St PERTH

CULTURALCENTRE

PerthConventionExhibtion Centre

Jacob’s Ladder

Claisebrook Cove

City Farm

East PerthCemetaries

HarbourTown

Barracks Arch

Ferry To Rottnest IslandVia Fremantle

(Approx 90 Mins)

Ferry To Perth Zoo

(600m Walk From Jetty)

River CruiseAlong Swan River(Approx 3 Hours)

Burswood ResortAnd Casino

(Located 500m north from the east end of

the Causeway)

Mount ElizaLookout

Old SwanBrewery

Perth FireStationMuseum

Perth Mint

PerthConcert

Hall

YaganStatue

KangarooReserve

Scitech

Parliament House

City of Perth 9461 3333 www.perth.wa.gov.au WA Visitor Centre 1300 361 351 www.wavisitorcentre.com Black & White Taxis 13 1008 www.bwtaxi.com.au Swan Taxis 13 1330 www.swantaxis.com.au Transperth (Bus, Train and Ferry service information) 13 6213 www.transperth.wa.gov.au WA Police Assistance 13 14 44 Emergency (Ambulance, Fire, Police) 000

Legend Useful Telephone Numbers

See overleaf for City Central Area

COP648_2012b

Train Station

Bus Station

Ferry

Parking

Toilets

Accessible Toilet

Baby Change

Information

Drinking Fountain

Sightseeing

Taxi Rank

Friday & Saturday nightSupervised Taxi Rank

Walkway/Mall

Cycle Path

Ferry Route

Train Line

Emergency Pole

Police Station

Hospital

Post OfficeCentral Area Transit System More detailed information and

timetables available at each stop.

1

GREEN

1

BLUE

1

YELLOW

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RED

CAT Bus & Stop

Recycled Content

Carbon Neutral

Managed Forest

Green Stamp Print

AOG Subsea

9:00 Plenary Exploring

Subsea Contracts

New Trends in Flow

Assurance

Creating, Extending and

Mending Subsea

Systems

Inspectation Maintenance &

Repair (IMR) - Best Practice

10:30 Morning Tea

11:00Australian

Industry Participation

Managing Contractor Health and

Safety

Exploring Subsea

Contracts

New Trends in Flow

Assurance


Mending Subsea

Systems



12:30 Lunch

12:30 Special Interest Lunch: Carnarvon Petroleum, opening up a new oil province on the North West Shelf

13:30Australian



Safety

Subsea Market Outlook

New Trends in Flow

AssuranceRiser Systems



15:00 Afternoon Tea

15:30Australian



Safety


New Trends in Flow




17:00 Close

WEDNESDAY 11 MARCH

AOG STREAM SUBSEA STREAM

CONFERENCE PROGRAM OVERVIEW

START TO PLAN YOUR DAY & REGISTER NOW

Select from our comprehensive conference program with a one or two day pass. The program covers a wide range of hot topics affecting the oil and gas industry, including a dedicated focus on Subsea and FLNG.

4CLICK HERE TO REGISTER @ AOGEXPO.COM.AU

AOG Subsea


Subsea Contracts

New Trends in Flow

Assurance


Mending Subsea

Systems



10:30 Morning Tea

11:00Australian



Safety

Exploring Subsea

Contracts

New Trends in Flow

Assurance


Mending Subsea

Systems



12:30 Lunch


13:30Australian



Safety


New Trends in Flow




15:00 Afternoon Tea

15:30Australian



Safety


New Trends in Flow




17:00 Close

WEDNESDAY 11 MARCH






AOG Subsea


Subsea Contracts

New Trends in Flow

Assurance


Mending Subsea

Systems



10:30 Morning Tea

11:00Australian



Safety

Exploring Subsea

Contracts

New Trends in Flow

Assurance


Mending Subsea

Systems



12:30 Lunch


13:30Australian



Safety


New Trends in Flow




15:00 Afternoon Tea

15:30Australian



Safety


New Trends in Flow




17:00 Close

WEDNESDAY 11 MARCH






Wednesday11 March

AOG2015 – Today’s program

Operations support and maintenance facilities available for your projects todayCOMMON USER FACILITY

Government of Western AustraliaDepartment of Commerce

Visit stand Y14 for a coffee and for more information on the scope of facilities available at the Common User Facility.

AMC Management (WA) Pty Ltd124 Quill Way, Henderson, Western Australia+61 8 9437 0500 - [email protected] to ISO 9001:2008 & ISO 14001:2004 www.australianmarinecomplex.com.au

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FOR A CHANCE TO WIN

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Documents

We are looking forward to another highly successful event ... · Oil & Gas industry on show at AOG 2015 in Perth from today The international oil & gas industry will be out to show