Shell also holds a 25% stake in the Gorgon joint venture, which is developing Australia's largest known undeveloped gas resource. The other joint venture participants are Chevron (Operator) and ExxonMobil, Osaka Gas, Tokyo Gas and Chubu Electric Power.
The Gorgon Project will develop the Gorgon and Jansz gas fields in the Carnarvon Basin 130 to 200km off the northwest coast of Western Australia. It includes the construction of a 15.6 million tonne per annum (MTPA) Liquefied Natural Gas (LNG) plant on Barrow Island and a domestic gas plant with the capacity to provide 300 terajoules per day to supply gas to Western Australia.
North West Shelf (NWS) Project
Shell was a foundation participant in the NWS Project and now holds one-sixth direct interest in the NWS LNG project, and also serves as a technical advisor.
Shell also has an interest in the domestic gas joint venture which has been producing domestic gas for Western Australia since 1984.
The NWS project is operated by Woodside Petroleum Limited, in which Shell has a 16.67% equity stake. The other participants in the NWS Project are BP, BHP Billiton Petroleum, Chevron, Mitsubishi/Mitsui and Woodside.
Shell is a 27% direct equity holder in the Browse Project. The other equity holders are Woodside (Operator), China National Petroleum Corporation, BP and Japan Australia LNG Pty Ltd(MIMI).
The project aims to monetize the Brecknock, Calliance and Torosa gas fields which are located around 425km north-west of Broome in Western Australia and were discovered in 1979, 2000 and 1971 respectively.
In 2013 the Browse Joint Venturers announced that Shell's Floating LNG Technology would be the preferred development concept for the project.
In March 2016, the Browse joint-venture participants decided not to progress with the preferred development concept under current economic and market conditions.
Shell holds a 50% interest in Arrow Energy, a joint venture partnership with PetroChina, which is developing Coal Seam gas (CSG) reserves in the Surat Basin in Southern Queensland, and the Bowen Basin in Central Queensland.
Arrow is based in Brisbane and has approximately 41,500km2 21,000 km2 of acreage under exploration in the Surat and Bowen Basins.
Arrow provides approximately 20 per cent of Queensland’s gas supply from our five producing CSG fields in both the Surat and Bowen Basins. Arrow is assessing development options to connect the CSG resources to the global LNG market. With CSG exploration activities under way across Queensland, Arrow is now working to meet the growing international demand for cleaner burning fuels through gas supply for liquefied natural gas export.