From diversity to inclusion: Woodside Energy's inclusion and diversity journey

2020 ◽  
Vol 60 (2) ◽  
pp. 473
Author(s):  
Ruth Lyall
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
Critical Role ◽  
Liquefied Natural Gas ◽  
Indigenous Australian ◽  
Inclusion And Diversity ◽  
The Way

Woodside is a leading natural gas producer in Australia, operating 6% of the global supply of liquefied natural gas. Woodside has been on an accelerated inclusion and diversity journey since 2015, with female and Indigenous Australian participation growing each year, and recognition through the Australian Workplace Equality Index as the oil and gas sector’s most LGBTI+-inclusive company in 2019.This paper sets out experiences and learnings from Woodside’s journey so far, including: the way Woodside uses measurable objectives to set expectations and increase accountability; why everyday people decisions matter; the critical role of inclusive, employee-driven networks to support under-represented groups, and also engage the broader workforce.

scholarly journals The Role of Enhanced Shale Oil & Gas Recovery in the Us & Development & Pricing of Significant Potential Shale Production in Other Countries Such As South America, Canada, & Europe/Asia2018/2019

2019 ◽  
Vol 2 (3) ◽  
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
The United States ◽  
Gas Production ◽  
Domestic Water ◽  
Water Supplies ◽  
Hydro Power ◽  
Gas Treatment ◽  
Environmentally Sound

The Role of Science in Developing Enhanced Oil & Gas Resources, Being Environmentally Sound, & Protecting Water Use • Global transformation with fossil fuel as primary source which have an effect on GDP, export/import changes, and global effects on pricing • History of evolution of oil and gas production in the United States • Global development: European Community, India, China, Brazil, Chile, Argentina and Mexico all have proven reserves • All time high extraction of tight natural gas and oil being environmentally sound and protecting domestic water supplies • Hydraulic fracking below potable water supplies • Drilling Diagrams – Vertical and Horizontal, Proper Casing  Record pace of pipeline construction to supply refineries & terminal ports  Pronounced effect on GDP • Natural gas treatment, delivery, from source to energy deficient countries exported as LNG • Cost subsidies and economic pricing of oil and gas extraction, hydro power, coal, nuclear, wind, and solar. Cost of power by region • There are no “Dry Holes” and more attributes of highly advanced geological technology

Working together to establish a world-class mercury recovery facility for the Australian liquefied natural gas industry

2020 ◽  
Vol 60 (2) ◽  
pp. 506
Author(s):  
Jarrod Pittson ◽  
Jeff Kerferd
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
Liquefied Natural Gas ◽  
Offshore Platforms ◽  
Gas Industry ◽  
Low Concentrations ◽  
Natural Gas Industry ◽  
Working Together ◽  
Mercury Recovery ◽  
Contaminated Waste

Mercury is a heavy metal that is widespread and persistent in the environment and, even at low concentrations, poses a risk of adverse effects to human health and ecosystems. Mercury is commonly found in hydrocarbon reservoirs. Approximately 1.5 tonnes of mercury arrive at the Karratha Gas Plant each year in feed gas from offshore platforms. Because mercury reacts with aluminium, it must be removed from the liquefied natural gas (LNG) process before the main cryogenic heat exchangers, which comprise ~1000 km of aluminium tubing. For over a decade mercury has been safely removed from the Woodside LNG process and sent to Switzerland for recovery of metals and complete recycling of waste constituents. Here we present the outcome of a 3-year collaboration between Woodside and Contract Resources that resulted in the opening of Australia’s first industrial-scale state-of-the-art mercury recovery facility in Karratha in July 2018. The AU$20 million plant is the largest of its type in the Southern Hemisphere and was underpinned by Woodside providing foundation funding through a long-term contract. The facility can handle all mercury-contaminated waste produced by the Australian oil and gas sector now and into the foreseeable future. An unparalleled project delivery taking 3 years to implement from initial discussion to the first batch of waste being processed in Karratha. This paper illustrates the collaboration, innovation and acceleration that occurred to deliver a sustainable outcome for Australian LNG.

A new approach to value creation – stranded gas resource commercialisation via low-cost small scale floating LNG projects

2018 ◽  
Vol 58 (2) ◽  
pp. 516
Author(s):  
Daein Cha
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
Low Cost ◽  
Production Capacity ◽  
Liquefied Natural Gas ◽  
Small Scale ◽  
New Approach ◽  
Key Stakeholders ◽  
Cost Development ◽  
Development Concept

There are ~240 discovered, but stranded, offshore gas resources within the range of ~0.5 to 5.0 trillion cubic feet (TCF) of estimated ultimate recovery (EUR) of which ~40 such fields, representing 65 TCF of EUR, resides within Australian jurisdiction. Operators are challenged to commercialise these gas resources due to several factors such as: • lack of materiality within their oil and gas resource portfolio, • remote location, and • lack of a low-cost development concept. For such resources, a predetermined low-cost, small scale (∼1.0 million tonnes per annum production capacity) floating liquefied natural gas vessel and subsea wells tie-back development concept can be deployed to achieve commercialisation. Furthermore, the following should be promoted for the adoption to commercialise such gas resources: • target breakeven liquefied natural gas (LNG) price as a key metric to confirm fit of the resource and the development concept, • innovative financing and commercial structures to be co-developed among key stakeholders to enable project development within the constraint of a target breakeven LNG price, and • differentiated LNG offtake value proposition for securing LNG offtake contracts that underpin project bankability.

Evolving Santos' onshore execution and production business to unlock value and growth through the commodity cycles

2018 ◽  
Vol 58 (2) ◽  
pp. 756 ◽  
Author(s):  
Brett Woods
Keyword(s):  
Natural Gas ◽  
Initial Phase ◽  
Oil And Gas ◽  
Oil Prices ◽  
Liquefied Natural Gas ◽  
Gas Wells ◽  
Operating Model ◽  
Operating Capability ◽  
Cooper Basin

Over the last three years, Santos has transformed its onshore operated assets from high cost assets to strong cash generating assets that are resilient at low oil prices. Santos is now Australia’s lowest cost onshore developer of oil and gas. In the Cooper Basin, Santos has delivered a 61% reduction in the drill, fracture stimulate and complete costs of gas wells since 2014. For Gladstone liquefied natural gas (GLNG), over the same timeframe, the continual review and optimisation of both surface and subsurface designs has led to an 83% reduction in Roma drill, complete, connect costs since the initial phase of Roma development. Key enablers have been (1) organisational focus, (2) a disciplined operating model and (3) a relentless drive for cost and efficiency. Santos continues to strive for further improvements. The company’s competitive cost base and operating capability can now be used to unlock new resources, both within Santos’ current portfolio and for acreage currently held by others, that would have previously been considered sub-economic to develop. Unlocking these new resources will benefit of Santos, joint venturers, customers and communities.

Oil and Gas Storage Tank Risk Analysis

2014 ◽  
pp. 303-321
Author(s):  
Katarina Simon
Keyword(s):  
Natural Gas ◽  
Storage Tank ◽  
Oil And Gas ◽  
Gas Storage ◽  
Liquefied Natural Gas ◽  
Oil Refinery ◽  
Storage Tanks ◽  
Gaseous State ◽  
The Subject ◽  
Salt Caverns

Storage tanks are widely used in the oil refinery and petrochemical industry in storing a multitude of different products ranging from gases, liquids, solids, and mixtures. Design and safety concerns have become a priority due to tank failures causing environment pollution as well as fires and explosions, which can result in injuries and fatalities. The chapter illustrates different types of crude oil and oil product storage tanks as well as the risks regarding the storage itself. Considering that the natural gas, in its gaseous state, is stored in underground storages like oil and gas depleted reservoirs, aquifers or salt caverns, and there are numerous publications and books covering the subject in detail, this chapter only illustrates the storage of liquefied natural gas and the risks posed by its storage.

tCO2e—a new pricing model for LNG?

2020 ◽  
Vol 13 (1) ◽  
pp. 83-87
Author(s):  
Peter Roberts
Keyword(s):  
Natural Gas ◽  
Crude Oil ◽  
Oil Prices ◽  
Clean Energy ◽  
Liquefied Natural Gas ◽  
Pricing Model ◽  
Crude Oil Prices ◽  
Value Measure ◽  
The Way

Abstract The concept of commercializing natural gas through liquefaction to give liquefied natural gas (LNG), with the capacity for that LNG to be shipped worldwide to meet the demand for clean energy, is well known. The options for, and the opportunities for evolution in, how LNG is priced (whether locally, regionally or even globally, with indexation to crude oil prices or to reported gas hub prices) have also been widely discussed in industry literature. But into the LNG pricing mix, we could soon be adding a new value measure which could have the capacity to shape the way in which LNG production projects are configured—tCO2e (or, to give it its full name, tCO2e/tLNG).

The Critical Role of HSSE Management and its Impact on Productivity and Corporate Social Responsibility's (CSR's) Mandate and Influence on Trinidad& Tobago's Energy Sector

2014 ◽  
Author(s):  
B.A.. A. David ◽  
M.N.. N. Manswell
Keyword(s):  
Oil And Gas ◽  
Critical Role ◽  
Indigenous Communities ◽  
Energy Sector ◽  
Global Village ◽  
Fiscal Management ◽  
Corporate Entity ◽  
Vested Interests ◽  
Corporate Social

Abstract Today's energy sector has evolved by leaps and bounds in the sphere of Health, Safety, Security and the Environment. The minimization of incidents on board oil and gas platforms and by extension the energy sector continues to be the highest standards of HSSE performance companies aspire to. Our current fiscal environment has forced countries and companies to carefully consider how limited finances are to be utilized and managed to achieve outlined targets. This shrinking financial pie has also seriously impacted on the Corporate Social Responsibility (CSR) Plan for companies within the sector. Fiscal management is key in a global village where every dollar counts. In the case of Trinidad and Tobago we must seek to secure our future assets be it through acquisition, maintenance and reliability. CSR must be comprehensively managed ensuring that both the corporate entity and the various indigenous communities get full value for the relationship they might be part of. The free spending attitude is definitely a thing of the past. Proper investments into a company's CSR, particularly where it adds value to the communities where there are vested interests are of paramount importance. This paper will advance the value of having a robust quality benchmarked HSSE portfolio/system utilizing the Plan Do Check Act (PDCA) mechanism and how it impacts on company productivity. The role, value and impact of CSR will also be scrutinized highlighting its critical importance in today's changing corporate landscape.

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