Tuesday, 12 April 2016
Woodside Energy Ltd.
ACN 005 482 986
Woodside Plaza
240 St Georges Terrace Perth WA 6000 Australia
T: +61 8 9348 4000
F: +61 8 9214 2777
www.woodside.com.au
Woodside today signed a five-year charter contract with Norwegian company Siem Offshore Australia Pty Ltd - an agreement that delivers Australia its first LNG-powered marine support vessel in 2017.
Woodside Chief Operations Officer Mike Utsler said the announcement positioned the company as an early adopter of LNG as a marine fuel in the region.
"We're thrilled to be the first company to bring one of these vessels to the southern hemisphere. Australia is on track to become the world's largest producer of LNG, so it makes perfect sense to build dual-fuel capabilities for our marine fleets here.
"Our LNG tankers use their cargo to power their engines, making them cleaner vessels that use less diesel. It's natural that we progress this capability through to our support vessels," he said.
Woodside's new vessel will be greener - reducing vessel greenhouse gas and pollutant emissions and the reliance on imported diesel - while providing safe, reliable support to Woodside's assets in the Exmouth and Pilbara regions.
Woodside will continue to seek to expand the application of LNG-fueling in transportation in WA. Dual- fuel has an exciting future as it can be used to power a wide range of vessels.
Today, our exploration portfolio includes emerging and frontier provinces in Australia and the Asia-Pacific region, the Atlantic margins and Latin America and Sub-Saharan Africa. We have significant equity interests in high-quality development opportunities. Our proven track record and distinctive capabilities are underpinned by more than 60 years of experience, making us a partner of choice.
Siem Offshore operates from Norway (Kristiansand), and has offices in Brazil (Rio de Janeiro, Macaé and Aracaju), Germany (Leer), The Netherlands (Groningen), Poland (Gdynia), USA (Houston), Ghana (Accra), India (Mumbai) and Australia (Perth).
W: +61 8 9348 5995
M: +61 418 938 660
E: michelle.grady@woodside.com.au
Woodside Petroleum Ltd. issued this content on 12 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 April 2016 05:57:05 UTC
Original Document: http://www.woodside.com.au/Investors-Media/announcements/Documents/12.04.2016 Media Release - LNG-powered Vessel First For Australia.pdf