Subscribe to our news feedLNG joint venture could create oil and gas recruitment opportunities
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Published on Friday 28th August 2009
New oil and gas recruitment opportunities could be created at the proposed site for a LNG joint venture between ConocoPhillips, Australia Pacific LNG and Origin Energy. Curtis Islands Laird Point site could form the basis of a new facility which will create positions for those looking at oil and gas recruitment. Grant King, managing director of Origin Energy, claims that the projects scale will give a considerable boost to the Queensland economy. He says reserves at a proved and probably level have increased from 4,793 petajoules equivalent in 2008 to 7,265 by June 30th. "This reserves increase demonstrates the size and quality of the CSG resource available to Australia Pacific LNG," he states. Mr King claims that that this is a major milestone in the projects development, with the first production train scheduled for completion in 2014. Earlier this month, Origin Energy declared an underlying profit of $530 million (£326 million), pointing to the Australia Pacific LNG transaction as one of its years successes. 
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