The project is targeting 69 MMboe from the Laverda Canyon, Norton over Laverda, and Cimatti oil accumulations, 60 km (37 mi) offshore Exmouth.
All will be produced via a 31-km (19-mi) subsea tieback to the FPSONgujima-Yin serving the Vincent oil field. First oil is targeted for mid-2019.
Woodside CEO Peter Coleman said breakthroughs in technology and contracting collectively allowed the program to go forward.
“We have achieved investment spend at the low end of our guidance range…This allows us to accelerate the development of previously stranded resources,” he added.
Greater Enfield calls for six subsea production wells and six water injection wells. Production will be supported by subsea multiphase booster pumps in the Laverda area and gas lift in the Cimatti area.
