The Origin Energy: An Australia Based Energy Company
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Added on 2020-04-07
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The company also does joint operations to convert the coal seam gas to liquefied natural gas. The project completed with the delivery of the first cargo of liquefied natural gas in the year of 2016. The second aspect of the project included the development of 530 km pipeline for the transmission of the resource to Curtis Island. The third aspect of the project is the construction of a facility in Curtis Island which is supposed to process 9 million tonnes per annum.
The Origin Energy: An Australia Based Energy Company
Added on 2020-04-07
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1. Description of the case study subject (i.e., organization, institution, etc.): Briefly describe the case study subject in terms of its business/organizational mandate and key business/ organizational activities. The Origin Energy is an energy company which has headquarters in Sydney, Australia. The main business of the company includes the production of energy. The company has diverse operations based on various parts of the country (Originenergy.com.au, 2017). The company includes of an extensive portfolio for the extraction of natural gas. The operational site includes the Bowen, Cooper and the Surat basins of Central Australia. In addition, the Perth and Browse basin in Western Australia is also included in the list of portfolios. Moreover, the Bonaparte basin in northernAustralia as well as the Kupe Gas field in New Zealand is also another place for operations. The company also does joint operations to convert the coal seam gas to liquefied natural gas. The business of the company is involved with the generation and retail of energy to the various populations of Australia. Their customer base includes 4217 million including both large and small infrastructures. The main products of the company include electricity, LPG (liquefied natural gas) and natural gas. The company is also involved in the sales of small solar photovoltaic cells. In addition, the company is involved in the production of renewable energy. This includes the generation of wind energy, solar energy and geothermal power. In 2016, the company collaborated with two other contributors to expand their business operations. The main idea of the collaboration is the conversion of coal seam gas to liquefied naturalgas. In addition, the retailing of such services is also to be provided by the joint collaborations. The collaborators of the project include the ConocoPhillips, Sinopec and Origin Energy. The required amount for the project included a sum of 24.7 billion$. The development of the project commenced in the year of 2015. The project completed with the delivery of the first cargo of liquefied natural gasin the year of 2016. The project is said to include three portions. The first portion of the project is the further development in Bowen and Surat basins. The second aspect of the project included the development of 530 km pipeline for the transmission of the resource to Curtis Island. The third aspect of the project is the construction of a facility in Curtis Island which is supposed to process 9 million tonnes per annum. 2. Tentative structure: List the sections you would have in the case studyThis case study includes the operations of the Australian Pacific lng. This company is the outcome of collaboration among three different companies (Aplng.com.au 2017). These include the collaboration among ConocoPhillips, Sinopec and Origin Energy. The required amount for the projectincluded a sum of 24.7 billion$. Overview:The development of the project commenced in the year of 2015. The project completed with the delivery of the first cargo of liquefied natural gas in the year of 2016. The project is said to include three portions. The first portion of the project is the further development in Bowen and Surat basins. The second aspect of the project included the development of 530 km pipeline for the transmission of the resource to Curtis Island. The third aspect of the project is the construction of a facility in Curtis Island which is supposed to process 9 million tonnes per annum. List of companies:a) The first company included in this collaboration is the Origin energy. The company is responsible for operating the gas fields of the Australian Pacific lng. They are also responsible for the
maintenance of the transmission pipeline. In addition, Origin Energy is also responsible for addressing the various operations of the supply management (Originenergy.com.au, 2017). This includes the exploration and production of gas and energy as well as retailing of the products. b) The next company listed in the collaboration is the ConocoPhillips. They sole responsibilitylies in the operation and construction of the two facilities present on Curtis Island (Conocophillips.com, 2017). The company is considered the largest independent production and exploration company in the whole world. They are also responsible for the production of natural gas and liquids.c) The last company is Sinopec which collaborated in the venture as a customer but was laterlisted as a partial equity owner (Sinopec.com, 2017). The company is considered the second largest producer of natural gas and crude oil. Requirements of the project:The required amount for the project included a sum of 24.7 billion$. The development of theproject commenced in the year of 2015. The first portion of the project is the further development inBowen and Surat basins. The second aspect of the project included the development of 530 km pipeline for the transmission of the resource to Curtis Island (Aplng.com.au 2017). The third aspect of the project is the construction of a facility in Curtis Island which is supposed to process 9 million tonnes per annum. Compliance:The Australian Pacific lng complies with the various governmental standards of Australia. The approval from the Australian government was successfully achieved after the review of the environmental impact statement (EIS). This document included the various potential risks as well as the various advantages of the project. 3. Rationale: Why is this subject of interest to you? Origin Energy is responsible for addressing the various operations of the supply management. This includes the exploration and production of gas and energy as well as retailing of the products. The first process is the exploration and production of gas. The various operational sitesthat are included in the portfolios are explored for productions. The operational site includes the Bowen, Cooper and the Surat basins of Central Australia. In addition, the Perth and Browse basin in Western Australia is also included in the list of portfolios. Moreover, the Bonaparte basin in northernAustralia as well as the Kupe Gas field in New Zealand is also another place for operations. This process is followed by securing approvals from the land owners and the government. After this, the engineers work to analyse the extraction process. This is followed by the developmentof a piping system for delivery. This is also used to produce electricity in their stations. The power generation process includes the conversion of natural gas to electricity. These arebasically done by utilizing their vast power stations. The retailing is done by adopting various flexible modes of payments. In addition, the accounts of the users can also be managed online. Lastly, the company is also responsible for the production of renewable energies. The list of green energies included in the production list is wind energy, geothermal energy, hydropower energy and solar energy.
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