The project involves initial expenditure of £316 million on the Thylacine gasfield in Tasmanian permit T/30P, about 70km south of Port Campbell. Construction, which is expected to begin in October, will involve a remotely-operated platform, offshore and onshore pipelines, and a new gas plant to be built near the Iona gas plant, 6km north of Port Campbell. The Geographe field, 55km south of Port Campbell in Victorian permit Vic/P43, will be connected to the main offshore pipeline in a later development phase. Over the project’s life, the gasfields are expected to supply 950 billion cubic feet of raw gas, 885 petajoules of sales gas, 12.2 million barrels of condensate, and 1.7 million tonnes of LPG at the probable (including proved) level. Government environmental approvals have been obtained and the joint venturers have now received notices of intention to grant production licences over the fields. Technip Oceania Pty Ltd has been awarded two major contracts for the engineering, procurement, installation, and construction of the onshore gas-processing plant and onshore pipeline, and the offshore platform facilities. The offshore pipelay and subsea tie-in contract has been awarded to Allseas Construction Contractors, and the horizontal directional drilling shore-crossing contract has been awarded to DrillTec Australia Pty Ltd. The remaining major contract in the process of being awarded is for the drilling of production wells. Other materials and service contracts will also be awarded during the construction phase.