LNG Construction Booms; Heavy Hitters Fund Multi-Billion-Dollar Projects like Gas Fields and Processing Sites
Byline: NATHAN WOULFE Recruitment editor
LAST month I looked at upstream opportunities within the oil and gas industry, with particular regard for the LNG sector.
While there's plenty happening in the oil and gas fields, there's equally as much activity at the other end of the process; the downstream end where the raw product is processed and prepared for export.
At least, eventually, that's what will be happening. At the moment, it's very much about construction - everything from the pipelines to transport the gas to the massive liquefaction plants that will convert the gas to LNG and pump millions of cubic metres of product into ships for export.
The heaviest hitters in the sector in Queensland are Arrow Energy, Conoco Phillips, Origin Energy, Santos and QGC.
All have multi-billion-dollar projects under way, involving developing gas fields in the Bowen and Surat basins and processing facilities off Gladstone's coast.
At the Gladstone end, construction company Bechtel is handling the bulk of the work, contracted to build the facilities for the APLNG, GLNG and QCLNG projects on Curtis Island. …