Dorado is an integrated oil and gas project in the Bedout sub-basin, offshore Western Australia, and will be developed in two phases.
Santos has an 80 per cent operated interest in Dorado, with the remaining interest held by Carnarvon Petroleum.
Back in June, the Dorado project entered the front-end engineering design (FEED) phase, which included the awarding of contracts for the floating production, storage and offloading (FPSO) and wellhead platform.
Today, Santos announced that Altera Infrastructure was awarded the FEED contract for the FPSO facility for the Dorado project.
The FPSO contract is the project’s largest, entailing engineering, procurement, construction, installation, commissioning and testing of the facility.
Santos Managing Director and Chief Executive Officer Kevin Gallagher said he was looking forward to working with Altera on the developments.
“This contract is an important milestone for the project and Altera brings extensive FPSO design and operations expertise to the development.
“The FPSO design will provide for the integrated development of both the liquids and the gas resource and retains sufficient flexibility to support future nearby exploration success,” he said.
A contract for the design, supply and installation of the wellhead platform has yet to be awarded, but is expected to be announced soon.
Altera Infrastructure President of Production Chris Brett thanked Santos for its confidence in the company and said he was eager to apply the company’s 30-plus-years of experience to the Dorado development.
Mr Brett added he was also enthusiastic about bringing forward the latest emission reducing solutions in line with the company’s vision to lead the industry to a sustainable future.
Dorado is a low CO2 reservoir with approximately 1.5 per cent CO2 and reinjection of gas in the initial phase, making it one of the lowest emission intensity oil projects in the region.
For more information visit the Santos website.