Projects

  • Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration

    PROJECTS

    Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration

    Queensland Pacific Metals Ltd (ASX: QPM) has announced that its subsidiary, QPM Energy, has been awarded a $3 million Frontier Gas Exploration Grant by the Queensland government. This grant, part of the Quee... more

  • Azule Energy and Rhino Resources enter strategic agreement for offshore Namibian block

    PROJECTS

    Azule Energy and Rhino Resources partner in offshore Namibian block

    Azule Energy, in a significant move marking its first international deal since its inception in 2022, has partnered with Rhino Resources Namibia for a strategic farm-in agreement concerning Block 2914A (PEL85) ... more

  • Successful first oil production at Eldfisk North Project in the North Sea

    PROJECTS

    Oil production starts at Eldfisk North Project in the North Sea

    The Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea and operated by ConocoPhillips Skandinavia AS, has commenced its first oil production several weeks ahead of schedule. The Eld... more

  • BlueNord ASA provides update on Tyra II commissioning

    PROJECTS

    Technical issue with gas compressor to delay Tyra II commissioning

    BlueNord ASA has announced an operational occurrence with the intermediate pressure (IP) gas compressor will impact the commissioning of the new Tyra II facilities in the North Sea. The investigation has con... more

  • Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration
  • Oil production starts at Argos platform in the Gulf of Mexico
  • Woodside driving forward renewable hydrogen in Tasmania
  • Equinor signs contracts for Northern Lights project

Angel CCS Joint Venture and Yara Pilbara Fertilisers to Explore CCS

The Angel CCS Joint Venture has joined forces with Yara Pilbara Fertilisers Pty Ltd (Yara Pilbara) to investigate the feasibility of employing carbon capture and storage (CCS) to decarbonise Yara Pilbara’s existing operations near Karratha, Western Australia. The proposed large-scale, multi-user CCS hub, operated by Woodside Energy, aims to assist Australian and international industries in their decarbonisation efforts. Yara Pilbara has signed a non-binding Memorandum of Understanding (MOU) with the Angel CCS Joint Venture to explore the potential of CCS in reducing emissions from their operations in the... more

Jemena reverses pipeline to enhance Victoria’s gas supply

Energy infrastructure company, Jemena, is planning to reverse the 797-kilometre Eastern Gas Pipeline (EGP) — potentially sending up to 300 TJ/d of gas south from New South Wales into Victoria. The EGP, commissioned in 2000, traditionally brought gas from Bass Strait to the New South Wales and Sydney market, supplying over 70 per cent of gas across New South Wales at times. The reversal project aims to make the EGP bi-directional, allowing it to deliver 200TJ/d south from Port Kembla Energy Terminal (PKET) — owned by Squadron Energy — by Winter 2026. With PKET over 90 per cent complete, it is Austr... more

Strike signs Walyering gas transportation agreement with APA

Strike has signed a two-year gas transportation agreement (GTA) with APA Group Pty Ltd, enabling the delivery of 10 TJ/d into the Dampier to Bunbury Natural Gas Pipeline (DBNGP) from the Walyering gas processing facility. This will be facilitated through a new inter-pipeline connection at Mondarra, currently under construction and commissioned by APA. This infrastructure is expected to be operational by late 2024. This agreement provides Strike access to the significantly larger and more active market connected to the DBNGP, where approximately 95 per cent of daily gas in Western Australia is sold and cons... more

Woodside extends investment in education initiative

Woodside Energy and its joint venture partners have extended their support for education in the City of Karratha, signing five-year community partnership agreements for the ongoing delivery of the Karratha and Roebourne Education Initiative (KREI). The extension builds on more than 15 years of investment by the Woodside-operated North West Shelf Project to bridge the gap between the opportunities and resources available to students residing in the Pilbara and their metropolitan peers, and support students on their pathway to employment. The renewed agreements with the Department of Education and St Luke’... more

Five-well drilling program commences in Bowen Basin

Denison Gas Limited has announced the commencement of a five-well drilling program to facilitate the expansion of production and reserves throughout its Denison North and South Project regions. Targeted plays for the wells include tight gas, conventional gas, and coal seam gas in established gas fields as well as new formations in promising regions. Denison Gas CEO Benson Wong said: “This campaign will both ensure ongoing strong production and build our 2P reserves, providing options for future growth and cementing our place as an alternative supplier into the Australian domestic gas market.” The in... more

Santos announces Barossa Aboriginal Future Fund

Santos and its joint venture partners in the Barossa Gas Project will invest up to $10 million in Northern Territory coastal Aboriginal communities and homelands as the development phase of the project progresses. Investments will be aimed at improving community and homeland infrastructure and services as well as programs that enable Aboriginal people to maintain cultural practices and carry out cultural obligations, care for their country and establish pathways to skilled, well-paying, secure jobs and business opportunities. In addition, the Barossa Gas Project joint venture partners announced they are su... more

Santos’s $5.8 billion Barossa gas pipeline project proceeds after court win

The Australian Federal Court has ruled in favour of Santos in the case of Munkara v Santos NA Barossa Pty Ltd — dismissing the application and discharging the injunction that prevented pipelay activities south of the kilometre 86 (KP86) point along the Barossa Gas Export Pipeline. As per the ruling and in accordance with the project’s Environmental Plan, Santos will continue its pipelaying activity for the Barossa Gas Project. Organisations such as the Australian Resources & Energy Employer Association (AREEA) and the Australian Energy Producers have issued statements of support for this decision. ... more

Azule Energy and Rhino Resources partner in offshore Namibian block

Azule Energy, in a significant move marking its first international deal since its inception in 2022, has partnered with Rhino Resources Namibia for a strategic farm-in agreement concerning Block 2914A (PEL85) in offshore Namibia's Orange Basin. Under the agreement, Azule Energy will acquire a 42.5 per cent interest in the block, which has been the site of major oil discoveries since 2022. The current contractor group for Block 2914A includes Rhino (Operator, 85 per cent), Namcor (10 per cent), and local company Korres Investments (Pty) Ltd (5 per cent). The agreement involves plans to drill two high-im... more

Oil production starts at Eldfisk North Project in the North Sea

The Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea and operated by ConocoPhillips Skandinavia AS, has commenced its first oil production several weeks ahead of schedule. The Eldfisk North Project, situated in PL018, is a joint effort of TotalEnergies EP Norge AS (39.896%), ConocoPhillips Skandinavia AS (35.112%), Vår Energi ASA (12.388%), Sval Energi AS (7.604%), and Petoro AS (5%). The Norwegian authorities approved the Eldfisk North Plan for Development and Operation (PDO) in December 2022, with the original production start scheduled in the second quarter of 2024. Howev... more

Technical issue with gas compressor to delay Tyra II commissioning

BlueNord ASA has announced an operational occurrence with the intermediate pressure (IP) gas compressor will impact the commissioning of the new Tyra II facilities in the North Sea. The investigation has confirmed that the technical issue is related to the transformer delivering power to the IP gas compressor. The operator, TotalEnergies, has determined that the transformer for the IP gas compressor requires repair, which will affect the timing of the ramp-up to maximum technical capacity. Repair work is underway, and a dedicated team is concurrently developing options to partially resume gas export fro... more

Exploration begins on Who Dat East Well in US Gulf of Mexico

The Who Dat East exploration/appraisal well, located offshore in the US Gulf of Mexico, officially began drilling operations on 27 April 2024. This well, situated approximately 27 kilometres east of the Who Dat Floating Production System (FPS), aims to appraise an existing discovery at Who Dat East and test additional prospective targets. Operated by LLOG, the Noble Valiant drillship spudded the Who Dat East well on April 28, 2024. The well, designated MC 509-1(LLOG), is located in a water depth of approximately 1,300 metres. Its objective is to appraise a gas/condensate discovery made in 2001 and te... more

Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding

Tamboran Resources Corporation (ASX: TBN) has announced its intention to list its shares of common stock on the New York Stock Exchange (NYSE) through a US Initial Public Offering (IPO) under the ticker "TBN". The company's shares of common stock, represented by CHESS Depositary Interests (CDIs), will also continue to trade on the Australian Securities Exchange (ASX). The proposed listing on the NYSE will be carried out under the registration statement on Form S-1, which has been formally filed with the U.S. Securities and Exchange Commission (SEC). The listing is expected to occur once the registration... more

TotalEnergies to strengthen gas portfolio in Malaysia

TotalEnergies has reached an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50 per cent interest in Malaysian gas producer SapuraOMV Upstream Sdn (SapuraOMV) for $530 million. This deal, which is still subject to closing adjustments, is expected to be completed in the second half of 2024. This agreement follows an earlier deal with OMV signed on 31 January 2024, to acquire its 50 per cent interest in SapuraOMV. Upon completion of both transactions and meeting regulatory approvals, TotalEnergies will own 100 per cent of SapuraOMV. SapuraOMV's key assets include a 40 per cent operat... more

TotalEnergies and Oman advance Marsa LNG project

TotalEnergies has taken a monumental step towards sustainable energy collaboration with the Sultanate of Oman, solidifying their long-standing partnership. During a high-profile visit to Muscat on 21 April 2024, TotalEnergies CEO and Chairman Patrick Pouyanné convened with the Sultan of Oman and the Prime Minister of the Cabinet of Oman, His Majesty Sultan Haitham bin Tariq Al Said, and Minister of Energy & Minerals of the Cabinet of Oman, His Excellency Eng. Salim bin Nasser Al Aufi — reaffirming their shared commitment to future energy endeavours. At the heart of this historic encounter was the an... more