10 July 2025
10 July 2025
The five-year agreement builds on the success of the IPSM's initial deployment in the Cooper Basin.
The development, situated 20km north of Troll C, will utilise the platform's existing processing capacity.
The Fawley green hydrogen project was selected in the government's subsidy scheme known as HAR2 in April 2025.
The project involves the addition of three new natural gas storage caverns, each with a capacity of approximately 10bcf of working gas.
The new agreement involves the purchase of an additional 0.75mtpa of LNG from Venture Global's CP2 LNG project for 20 years.
The contract is set to commence in the second quarter of 2025.
The well was completed six weeks ahead of schedule.
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