In late 2012, Total reached an agreement with Australian company Central Petroleum to farm-in to four onshore exploiration permits, three of which are in western Queensland, and one of which is in the Northern Territory. The farm-in involves a three stage, 4-year exploration program which will be operated by Central Petroleum. On the Queensland permits, seismic was completed in 2013 and two exploration wells were drilled in 2014.
Total has partnered with INPEX on many projects around the world. In 2006, Total entered into its first partnership with INPEX in Australia, buying a 24% share in a permit offshore Western Australia where INPEX had discovered the Ichthys gas and condensate field. Total has since bought an additional 6% in this resource, bringing its stake to 30%. The Ichthys LNG project, as it's now known, is currently in construction and over 80% complete, with LNG production due to start in the second half of 2017. Total has been working hard with INPEX and the other joint venture participants to safely bring this project to fruition.
In late 2010, Total entered into a partnership with Australian company Santos to develop its coal seam gas acreage in Queensland. With decades of experience operating onshore in Australia, Santos was an ideal partner in this endeavour. Total initially took a 20% share in the project, increasing this to 27.5%. Other partners in the project include Petronas which also has a 27.5% share, and KOGAS with 15%. With Santos' experience in operating onshore in Australia, Total's LNG expertise, and the LNG buyers of Petronas and KOGAS in the joint venture, the project took a Final Investment Decision in January 2011.