Santos has awarded the FEED contract for the Floating Production, Storage and Offloading (FPSO) facility for the Dorado project, in the Bedout Sub-basin, offshore Western Australia, to Altera Infrastructure (Altera). The contract comprises engineering, procurement, construction, installation, commissioning and testing of the FPSO facility.
Dorado is an integrated oil and gas project which is intended to be developed in two phases. The initial development involves the production of oil and condensate through a wellhead platform (WHP) and FPSO. Gas will be reinjected in the initial phase to enhance oil and condensate recovery, followed by a planned future phase of gas production to backfill Santos’ domestic gas infrastructure in Western Australia.
Dorado is expected to have an initial gross oil production rate of between 75,000 to 100,000 bbl/d of high-quality crude. The project is on schedule for a final investment decision around mid-2022. Santos has an 80% cent interest in the Dorado project and is operator. The remaining interest is held by Carnarvon Petroleum.