Shawcor Ltd. (SCL) announced that its pipe coating division has received a formal notice to proceed from SAIPEM AUSTRALIA PTY LTD for the Scarborough Project, located offshore in Australia’s north-west.
The Scarborough gas resource is located in the Carnarvon Basin, approximately 375 km west-north-west of the Burrup Peninsula in Western Australia. The Scarborough gas resource will be developed through new offshore facilities connected by an approximately 430 km pipeline to a proposed second LNG train (Pluto Train 2) at the existing Pluto LNG onshore facility.
The Scarborough reservoir contains only ~0.1% carbon dioxide, and together with the adoption of highly efficient and proven technology in design at Pluto Train 2, the development will be amongst the lowest-carbon intensity LNG sources globally for delivery into North Asia. The first cargo is expected to be delivered in 2026.
Shawcor Ltd. had, in February 2020, signed a contract with SAIPEM AUSTRALIA Pty Ltd, conditional on a final investment decision [FID] by the Scarborough Joint Venture, which was taken on 22 November 2021. The contract is a large project1 for Shawcor that will include provision of internal, anticorrosion, and concrete weight coating services to be executed from Shawcor’s Kabil, Indonesia facility commencing in the fourth quarter of 2022, with delivery continuing into 2024.