Wood to conduct concept study for Woodside Energy-operated Greater Sunrise Development
(WO) 鈥 Wood has been selected as the lead specialist consultant for an independent study for the Sunrise Joint Venture鈥檚 (SJV) Greater Sunrise Development.
Wood will deliver a comprehensive concept study for the Greater Sunrise Development, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content. The study, on target for completion by no later than Q4 2024, will support the SJV to advance the development to the next stage.
SJV comprises TIMOR GAP (56.56%), Woodside Energy (33.44% and Operator) and Osaka Gas (10.00%). The development project is located between Timor-Leste and Australia鈥檚 Northern Territory and comprises the Sunrise and Troubadour gas and condensate fields.
Azad Hessamodini, President of Consulting at Wood, said, 鈥淭his is an important concept study for the Greater Sunrise Development. We are delighted to support and deliver the work at pace to ensure the SJV has the impartial insights to advance this regionally significant project.鈥
Wood has completed over 100 LNG feasibility studies globally, providing technical consulting and advisory services at the earliest stages to support clients in making informed and independent decisions.