Author: Perthbranding

27 May 2021

WOODSIDE TO BRING LARGE-SCALE SOLAR TO THE BURRUP

Woodside is investigating the supply of approximately 50 MW of solar energy to the Woodside-operated Pluto LNG facility on Western Australia’s Burrup Peninsula.

The solar power would be supplied from the proposed Woodside Power Project, which could comprise more than 210,000 solar panels, making it one of the largest solar projects in Western Australia.

Woodside has undertaken a range of environmental, geotechnical and engineering studies and is progressing key stakeholder consultations ahead of seeking regulatory approvals for the power project.

Woodside Acting CEO Meg O’Neill said Western Australia is uniquely placed to capitalise on the state’s world-class renewable energy resources and the willingness of industry, government and other key stakeholders to cooperate on new energy opportunities.

“Woodside’s vision is for large-scale supply of renewable energy to existing and future industry on the Burrup Peninsula.

“We are lucky to have access to abundant natural resources, safe and reliable energy operations and both industry and government that are motivated to drive sustainable energy outcomes.

“Our work with Perdaman is another demonstration of the important role the gas industry can play in driving the energy transition and achieving net zero emissions by 2050,” she said.

Perdaman opportunity

Woodside and Perdaman have announced their intentions to evaluate the supply of a further 50 MW of solar power from the Woodside Power Project to Perdaman’s proposed urea facility.

Perdaman estimates incorporating solar power would reduce Perdaman’s fuel gas consumption by approximately 50% while reducing emissions by at least 200,000 tonnes of CO2-equivalent per year1, over 20 years. The initiative would also allow Perdaman to increase production of ammonia, which produces zero emissions at the point of use.

Perdaman Chairman Vikas Rambal said the initiative is strategically in line with Perdaman’s commitments to greenhouse gas management and carbon neutrality by 2050.

“This exciting initiative with Woodside will further enhance the manufacturing of blue ammonia for supply to the Asian market and help position Western Australia as a first mover in implementing renewable energy in a world-scale downstream industry.

“We look forward to working with Woodside on our shared objectives for a lower carbon future,” he said.

ADDITIONAL BACKGROUND

About Woodside

Woodside is Australia’s leading natural gas producer, operating 6% of global LNG supply in 2020.

Woodside’s aspiration is to reduce and offset carbon emissions to net zero by 2050. In addition, we have set new near-term and mid-term emissions reduction targets: a 15% reduction in net equity Scope 1 and 2 emissions by 2025 compared with the average emissions over the period 2016-2020, and a 30% reduction in net equity Scope 1 and 2 emissions by 2030.

In working towards these decarbonisation targets, Woodside is focused on a range of opportunities including carbon offsetting through bio-sequestration, utilisation of renewable power and the development of new energy opportunities through hydrogen.

Woodside holds a 90% interest in Pluto LNG and operates the Pluto LNG facilities.

About Perdaman

Perdaman is a multinational group based in Western Australia with a long-standing track record in involvement within a diverse range of markets. From investments in fertiliser production to help our farmers produce crops, to the ownership and management of shopping centres that make wonderful experiences and community hubs; from the production and distribution of pharmaceuticals to provide better healthcare, to migration services and advanced energy solutions, we are an innovative company that actively seeks out new opportunities.

These are just some of the commercial aspects of Perdaman. Integral to this is our corporate culture of creating leaders and growing together as a team, and all our operations are backed by extensive financial services to ensure strength and growth. We are also highly involved in the community and actively give back – from supporting local sporting teams to contributing towards better education. We do what we do with passion, and we do what we do with a sincere desire to create a better tomorrow.

Woodside’s proposal for large-scale solar to the Burrup

06 May 2021

PERDAMAN SIGNS AN OFFTAKE AGREEMENT WITH INCITEC PIVOT FOR A WORLD CLASS UREA PLANT IN WESTERN AUSTRALIA

Perdaman Chemicals and Fertilisers (Perdaman) has signed a 20 year offtake agreement with Incitec Pivot Limited’s wholly owned subsidiary, Incitec Fertilizers Pty Ltd, for up to 2.3 million tonnes per annum of granular urea fertilizer from Perdaman’s proposed Karratha urea plant. The offtake agreement remains conditional upon Perdaman finalising its project finance for construction of the plant. Regulatory and other approvals are well advanced.

The $4.3 billion Karratha urea plant in Western Australia is scheduled to start production in the 4th quarter of 2025. It will be Australia’s first world scale urea plant, converting Australian gas into urea.

Perdaman Chemicals and Fertilisers’s Chairman Mr Vikas Rambal, said the signing of the offtake agreement represented a major step forward in the development of the plant. Perdaman’s Chairman Mr Vikas Rambal would like to thank IPL for supporting the historic project with the offtake agreement.

Mr Rambal said; “The Karratha urea plant has the potential to make Australia a major player in the global urea market.”

IPL Managing Director & CEO, Jeanne Johns, said; “The investment by Perdaman in a new, world-scale plant will make it one of the most energy efficient plants in the world utilizing low emissions technology.”

“We are pleased to support such a significant domestic manufacturing project that will use Australian gas to produce urea fertiliser, essential for our Australian and international agricultural markets”

Perdaman has now achieved several major milestones and is on track to commence construction of the Karratha urea plant during Q1 of 2022. The Karratha urea plant will deliver considerable benefits to the Western Australian economy, with planned capital expenditure of approximately $4.3 billion.

The project will generate between 1500 – 2000 construction jobs and 200 operational and indirect jobs once the Karratha urea plant begins production.

Mr Rambal said the offtake agreement was one of the final major milestones left to ensure the project is ready for groundbreaking in the 1st quarter of 2022.

Mr Rambal wants to thank the Traditional Owners, WA State Government, Federal Government and the community for fully supporting the project and the benefits this project will bring to WA and Australia.

Perdaman, who is advised by E&Y and Société Générale and represented by White and Case will now progress towards the finalisation of Project Financing.

Media Coverage:

The Australian

The Australian Financial Review

Business News

07 Oct 2020

Media Coverage: Narrabri Win Unlocks $2bn of Investment – The Australian Business Review

Industrial heavyweights are hopeful of pushing ahead with $2bn of manufacturing investment after Santos won approval for its controversial Narrabri coalseam gas project in NSW, as opponents of the development threatened interventions to stop it going ahead.

Multinational Perdaman, Australia’s largest brickmaker Brickworks and retailer Weston Energy – which supplies gas to big users in the state – say the positive decision by the Independent Planning Commission may pave the way to build a new industrial base in the region.

Please read the article that appeared in The Australian Business Review 1 October 2020.

03 Aug 2020

Media Coverage: “$2bn riding on Narrabri plant” – The Australian

Industrial giants Perdaman and Brickworks have warned that upto $2bn of planned spending on NSW manufacturing plants could be in peril if Santos’s Narrabri gas project fails to win approval, threatening a rare investment boost as the nation faces a pro-longed economic slump from the coronavirus pandemic.

Please read the article that appeared in The Australian 1 August 2020.

https://www.theaustralian.com.au/business/mining-energy/2bn-riding-on-narrabri-gas-plant-approval/news-story/807eef861562427f2ceaae80047dfb75 

01 Jul 2020

$4.5BN KARRATHA UREA PROJECT AGREES EPC TERMS

Perdaman Industries (Chemical & Fertilisers) has signed a binding Heads of Agreement for the Engineering, Procurement and Construction (EPC) work for its Urea Project in Karratha with 50/50 joint venture between Clough of Western Australia and Saipem of Italy.

Perdaman will invest a total of $4.5 billion to develop the plant that will transform natural gas into urea, a widely used form of fertiliser for production of food for the future generation. Perdaman has secured natural gas for 20 years from Woodside under the Gas Supply Agreement signed in November 2018.

The Project has been strongly supported by The Western Australian Government, by giving it a state significant project status.

Perdaman acknowledges and pays its respect to past and present elders and young’s and the traditional custodians of the land. Perdaman believes that the Urea Project will provide a major boost to the Western Australian economy by generating on average around 2,000 jobs during the three-year construction phase. On completion, the plant will provide 200 permanent jobs in Karratha. Perdaman’s Chairman Vikas Rambal says the milestone is significant and is a strong example of diversification of the economy.

“The company is pleased to be part of job creation for the state and is privileged to be the part of the manufacturing initiative project in WA again,” said Mr Rambal.

The facility will produce two million tons of urea per annum, estimated to generate more than $850 million per annum in export earnings for Western Australia.

“The coronavirus pandemic has taught us an important lesson about the food security for our
society and our over-reliance on imports,” said Mr Rambal.

The Clough and Saipem joint venture will act as the lead contractor for the EPC work that includes a water treatment plant, a power plant (100MW), as well as urea storage, loading and unloading facilities. A closed conveyer will transport the urea 7km direct to Pilbara Ports Authority for shipping to local and offshore markets, with 50 to 100 shiploads expected per year.

Peter Bennett, Clough CEO and Managing Director said it’s a significant project for Western Australia.
“We are very excited to be part of this milestone project,” said Mr Bennett. “During the construction phase, this world class facility will create around 2,000 jobs and will be an important development for the Australian resources industry, significantly reducing the nation’s reliance on fertiliser imports.

“We are delighted to partner with Saipem, renowned for its work in urea projects internationally. That combined with Clough’s Australian engineering and construction expertise, creates a capability that is unparalleled.” Alessandro Tattini, APAC Area Manager for Saipem Onshore commented the project is part of the Company’s in-country strategy.

“Saipem has a strategic interest in Australia as well as strong international expertise in urea and ammonia,” said Mr Tattini.
“Partnering with a company lie Clough, that has been delivering projects for more than a century is very important to us.
“This joint venture looks forward to bringing one of the largest urea projects in the world into production for Perdaman.”

MEDIA CONTACT
Rashpal Kaur
T: +61 8 9429 5111
E: rashpal.kaur@perdaman.com.au

About

Perdaman is a multinational group based in Western Australia with a long-standing track record in involvement within a diverse range of markets. From investments in fertiliser production to help our farmers produce crops, to the ownership and management of shopping centres that make wonderful experiences and community hubs; from the production and distribution of pharmaceuticals to provide better healthcare, to migration services and advanced energy solutions, we are an innovative company that actively seeks out new opportunities.

These are just some of the commercial aspects of Perdaman. Integral to this is our corporate culture of creating leaders and growing together as a team, and all our operations are backed by extensive financial services to ensure strength and growth.
We are also highly involved in the community and actively give back – from supporting local sporting teams to contributing towards better education. We do what we do with passion, and we do what we do with a sincere desire to create a better tomorrow.

25 Mar 2020

AIM WA Pinnacle Awards

Perdaman was proud to sponsor the Workplace Diversity Excellence Award at the annual 2020 AIM WA Pinnacle Awards, which was presented to Fortescue Metals Group.

Congratulations again to Bill Beament, named the Pinnacle Awards’ Business Leader of the Year.

We enjoyed a night of good company, good food and great entertainment.

It’s important to recognise the hardworking business people in our community.

08 Mar 2020

Perth Childcare Centre Sells for Record Price

A new childcare centre in North Coogee has sold off-market, to a syndicate arranged by the Perdaman Group, for $7.1 million.

Located at 53 Orsino Boulevard, the centre was developed by investment and development firm RG Property, and pre-sold prior to completion of construction.

The building is located in the centre of Port Coogee, and sits adjacent to the town’s Village Shopping Centre.

Spread across two levels, it includes seven separate activity rooms, external play areas on both the ground and first levels, and places for 125 children.

Savills Australia agent, Barney Dear, negotiated the sale, which represents a yield of 6.25%.

“To date, this is the highest value childcare sale we have seen in the Perth market, and it further demonstrates the strengthening demand for this sector,” said Mr Dear.

Perdaman purchased the centre upon the signing of a 15-year lease by new tenant Insight Early Learning, who have two 10-year options to renew.

The original article can be found at

https://www.propertyobserver.com.au/finding/commercial-investment/commercial-listings/110652-north-coogee-childcare-centre-sold-to-perdaman-for-record-price.html

14 Feb 2020

Port Coogee Dinner at Dusk

So far this summer Port Coogee Village Shopping Centre has hosted three Dinner at Dusk events, with another two set to take place in March and April.
The events bring life to the area with members of the community and visitors from surrounding suburbs coming together to enjoy delicious food, live music and gorgeous weather.

We would like to thank everyone involved in the production of these events and we look forward to more successful events in future.