ConocoPhillips Australia Gas Holdings Pty Ltd - Profile Company Report Australia

31-12-2012, 9 pages

ConocoPhillips Australia Gas Holdings Pty Ltd is a wholly owned subsidiary of ConocoPhillips, a US-based international energy company with assets and businesses in 40 countries. ConocoPhillips Australia derives its revenue from the exploration, development and production of petroleum products and liquefied natural gas. The company employs approximately 500 staff throughout its operations.

ConocoPhillips Australia Gas Holdings Pty Ltd explores, develops and distributes petroleum products.

The Company has two production facilities:

Bayu-Undan
Located within the Timor Sea JPDA, this gas condensate field has gone through two development phases. Phase 1 saw the extraction and sale of condensate and natural gas liquids, while reinjecting dry natural gas back into the reservoir. Phase 2 involved the installation of a natural gas pipeline connecting the field to Darwin, where a LNG plant converts gas into LNG for sale in Japan.
Athena (WA-17-L)
This field is located offshore Western Australia and is a producer of natural gas since 2001.

ConocoPhillips also holds a joint interest in Australia Pacific LNG Pty Ltd which develops LNG from coal bed methane resources in Queensland. The company also has exploration and development projects located in the Timor Seas, offshore Northern Territory, Western Australia and Timor-Leste.

IBISWorld Company Profile Reports

Company profile reports provide key information on the Top 2000 earning companies in Australia. Reports include a written description of a company, its history, brands and products, contact details and key personnel, operating and legal structure, financial data, industries of involvement and business service providers.