Woodside and the North West Shelf project partners were expected to make a final investment decision on Lambert Deep in the first half of the year following the completion of front-end engineering and design work.
However, Woodside revealed in its second quarter report on Thursday the participants had decided to defer the project following the completion of the FEED work.
“Further consideration will now be given to exploration prospectivity in the region and integration of Lambert Deep with the portfolio of future supply opportunities,” Woodside said in its report.
“Subject