Projects

  • Woodside signs 20-year gas supply agreement with Perdaman

    Perdaman Chemicals and Fertilisers Pty Ltd (Perdaman) and Woodside Energy Limited (Woodside) have just signed a historic Gas Sale and Purchase Agreement (GSPA) for the supply of pipeline gas to the proposed Per... more
  • Gas development commences in the Surat Basin

    Civil works have officially begun at Senex’s Roma North natural gas development in the Surat Basin, following the award of a major construction contract. The Roma North Gas processing facility is located ... more
  • Senex reaches milestone towards domestic gas delivery

    Senex Energy has made Final Investment Decisions to develop two natural gas projects in the Surat Basin in Queensland. The developments, called Project Atlas and Roma North, involve the construction of a com... more
  • Approval granted for first oil production facility offshore of Alaska

    U.S Secretary of the Interior, Ryan Zinke, has announced a long-awaited development for oil and energy production offshore of the state of Alaska. On Wednesday 24 October, the US Department of the Interior... more

Woodside’s Greater Western Flank Phase 2 commences production

Woodside, as Operator of the North West Shelf (NWS) Project, has announced that the Greater Western Phase 2 Project (GFW-2) Project off the north-west coast of Australia has just commenced production. Woodside CEO Peter Coleman said the project has been delivered $630 million below the expected cost of approximately $2.0 billion, and six months ahead of schedule. “The project team has done an outstanding job executing and delivering GWF-2, which represents the next phase in gas supply to the NWS Goodwyn A platform, extending the life of the Karratha Gas Plant and contributing to Woodside achieving our t... more

Mobil finalises pipeline and storage projects

Mobil Oil Australia, a subsidiary of ExxonMobil Australia, has completed two major projects that will increase the comopany's capacity to meet Australia’s growing demand for transportation fuels. Mobil announced the successful completion of a new jet fuel pipeline and two new storage tanks at an event last Wednesday at Mobil's Yarraville Terminal in Melbourne. The two major fuel supply projects, which commenced construction in 2016, represent part of a $400 million investment the company made to improve the Yarraville Terminal and Altona Refinery. The two newly constructed tanks store unleaded petrol and... more

Project to trial hydrogen in NSW gas networks

The Australian Renewable Energy Agency (ARENA) will fund a trial to produce hydrogen using renewable energy which will be injected into the Sydney gas network. ARENA has committed $7.5 million in funding for energy infrastructure company Jemena to build a demonstration-scale 500 kW electrolyser at their facility in western Sydney. The $15 million project – known as Project H2GO – will connect to Jemena’s existing gas network which delivers gas to 1.3 million customers in New South Wales. Hydrogen can be safely added to the natural gas mains at concentrations of up to 10 per cent without affecting pipeli... more

INPEX confirms first LNG cargo from Ichthys LNG Project

INPEX Corporation has today confirmed the first shipment of liquefied natural gas (LNG) has departed from the Ichthys LNG Project's onshore gas liquefaction plant in Darwin, Northern Territory.  The first LNG shipment is destined for the INPEX-operated Naoetsu LNG terminal in Niigata Prefecture in Japan. Earlier this morning, INPEX President Director Australia, Seiya Ito, announced that the first cargo from Ichthys LNG is a historic moment for INPEX, Japan and Australia. “Ichthys is an iconic project for Australia. With an operating life of around 40 years, Ichthys LNG will be delivering benefits to... more

Triangle’s CH12H well returns to production

The board of Triangle Energy Limited has announced that the Cliff Head production well, located offshore Western Australia, has successfully returned to production. On 30 May 2018, a technical issue occurred during steady state production operations which caused well CH12H to stop producing. It was confirmed the issue was associated with the production well's electric submersible pump (ESP). After the installation of a new downhole ESP and following a cycle of performance testing and verification (carried out over the weekend commencing 12 October 2018), Triangle expects production associated with the wel... more

Shell QGC expansion to produce hundreds of jobs and local contracts

Close to 350 jobs, plus contracts for local suppliers will flow on the Western Downs over the next two years from the latest Queensland natural gas expansion. Shell QGC's Goog-a-binge project will see close to 250 new wells spread across Shell’s QGC existing operations near Wandoan, Miles, Chinchilla and Tara. Project Goog-a-binge is forecast to bring roughly 930 petajoules of gas to market over the next 30 years for its domestic and export customers. Goog-a-binge is the Iman name for a scrub turkey and was selected by the local Iman traditional owners. The Shell QGC venture currently employs close t... more

Stena to retire semi-submersible rig

Stena Clyde Australia PTY LTD has decided to remove the Stena Clyde rig from active service and retire it from the Stena Drilling Fleet. Stena Clyde has been warm stacked in Australia for the past three years and is presently located in Singapore. In the announcement last week, Stena Clyde Australia said that although there has been some recent interest in operating the rig in the region, these opportunities have not materialised to the extent necessary to continue supporting the rig. Stena Clyde Australia said that since 1996, when the rig first entered the Stena Drilling fleet, it delivered high-perfor... more

Woodside selects contractor for proposed Pluto Train 2

Woodside has selected Bechtel, a US engineering, procurement, construction, and project management company as the preferred execution contractor for the proposed expansion of the Pluto LNG facility in Western Australia. In the announcement this morning, Woodside said that the company will continue to work closely with Bechtel in preparation for award of the contract for the front-end engineering and design (FEED) phase of the expansion. Activities will include continuing to refine the concept and costs. The FEED contract award will also include the option for the full execution phase contract, subject to a... more

Beach Energy sells 40 per cent interest in Victorian assets

Beach Energy Limited and O.G. Energy Holdings Ltd have entered into a binding agreement whereby Eyal Ofer’s O.G Energy will acquire 40 per cent of Beach’s Victorian Otway assets for $344 million in cash. Through the agreement, Beach will remain operator of the assets. The Otway parcel includes the Otway Gas Plant, existing gas fields Geographe, Thylacine, Halladale, Speculant and Black Watch as well as exploration prospects Enterprise and Artisan. Beach CEO Matt Kay said the transaction aligns perfectly with their ambitions. “We are delighted to have O.G. Energy join us in our Victorian Otway ass... more

First condensate cargo departs from Ichthys

INPEX Corporation has announced the departure of the first shipment of condensate from the Ichthys Liquefied Natural Gas (LNG) Project. The cargo departed from the project’s massive offshore floating production, storage and offloading facility - the Ichthys Venturer –moored in the Browse Basin, roughly 220 kilometres off the northwest coast of Western Australia. The US$34 billion Ichthys LNG Project is effectively three large-scale projects rolled into one, involving some of the largest offshore facilities in the industry, a state-of-the-art onshore processing facility and an 890 km pipeline uniting t... more

Multi-million dollar gas contract granted

Toowoomba specialist gas industry supplier Easternwell, a Broadspectrum subsidiary, has been granted a multi-million-dollar contract that will sustain more than 300 jobs for Queenslanders and flow-on for other local businesses. Mines and Energy Minister Dr Anthony Lynham said the five-year contract for Shell’s QGC business in the Surat Basin region of Queenslandwould deliver a major injection into the city’s economy. “The south-west Queensland gas industry continues to fuel Toowoomba and the Downs’s economy when it comes to jobs and business opportunities,” the Minister said. “It’s great t... more

Armour Energy authorised to prospect for QLD domestic gas supply

Brisbane’s Armour Energy has been granted authority to prospect for gas in the world-class Surat Basin, on the strict condition that it only supplies gas for the domestic gas market.  Queensland Mines Minister, Dr Anthony Lynham, said Armour Energy can seek out gas on 318 square kilometres of the Roma Shelf north of Miles and Surat, which means that Armour is one of a select few of domestic-only gas tenure holders in Queensland. “This will add to the renaissance of this highly prospective area, started when Armour recommissioned the mothballed Kincora Project in September,” Dr Lynham said, “the Ro... more

New gas sales agreement secures south-east Australian supply

Cooper Energy has just announced that the Casino Henry Joint Venture have officially signed a new gas sales agreement with Origin Energy Retail Limited. The new agreement will provide supply from the Casino Henry Joint Venture which comprises of Cooper Energy (50 per cent), Mitsui E&P Australia Limited (25 per cent) and Peedamullah Petroleum Pty Ltd (25 per cent) to Origin Energy from 1 January 2019 to 1 January 2020 at current market prices. Cooper Energy’s Managing Director David Maxwell said the new gas sales agreement, which was negotiated after a competitive tender, was the sixth term gas contra... more

Santos signs new long term domestic gas supply deal with Brickworks

Santos has signed a new long-term natural gas supply agreement with manufacturing and distribution company, Brickworks Limited, for their east coast operations until the end of 2024. The supply agreement will provide Brickworks’ east coast operations with a flexible source of natural gas at competitive, stable, long-term prices. The natural gas contracted to Brickworks will supply their east coast operations in South Australia, Victoria, Queensland and New South Wales, with Santos supplying the gas from fields in the Cooper Basin. From 1 January 2020, Santos will supply up to 15 petajoules of natural gas o... more

Sapura acquires interests within the North West Shelf province

Sapura Energy Bhd, through the wholly-owned subsidiary Sapura Upstream Sdn Bhd, has signed three farm-in agreements for offshore exploration permits held by Perth-based oil and gas company, Finder Exploration Pty Ltd. All three exploration permits are located within the North West Shelf oil and gas province, offshore of Western Australia. Sapura Energy have deemed these areas to be ‘highly prolific’. Under the agreements, Sapura Upstream will acquire a 70 per cent interest in the three permits and will assume operatorship of exploration activities. Finder Exploration will retain the remaining 30 per cent ... more

Melbana gains approval for Beehive program

Melbana Energy Limited has received notice from the National Offshore Petroleum Titles Administrator (NOPTA) for the approval of the application to suspend the deadline for completion of the current WA-488-P permit year work obligations by 15 months, to 21 December 2020. The notification from NOPTA follows the recent completion of the Beehive 3D Seismic Survey and the company’s recent announcement that credits the survey against the future permit year 4 work program obligation. Moving forward, Total and Santos will have the option (exercisable together or individually) to acquire a direct 80 per cent of ... more

Esso Deepwater Gippsland commences new exploration drilling program

Esso Deepwater Gippsland Pty Ltd (Esso Deepwater Gippsland) has commenced a brand new offshore exploration drilling program in the Gippsland Basin to search for new sources of gas. Esso Deepwater Gippsland is drilling two exploration wells, known as Baldfish and Hairtail, on the VIC/P70 block as part of its investment program to find and bring online new gas supplies. This permit, VIC/P70, is the first new exploration acreage that the Company has acquired in the Gippsland Basin in over two decades. Esso Deepwater Gippsland currently holds 100 per cent interest in the VIC/P70 block, which is located approx... more

The Republic of The Gambia approves farm-out to PETRONAS in blocks A2 and A5

The Government of The Republic of The Gambia in West Africa has approved the assignment by FAR Gambia Ltd of a 40 per cent interest in petroleum licences for offshore Blocks A2 and A5 in The Gambia to a subsidiary Malaysian oil and gas company, Petroliam Nasional Berhad (PETRONAS). Under the terms of the farm-out agreement which was executed in February 2018, PETRONAS will fund 80 per cent of the exploration well costs of the Samo-1 well up to a maximum total gross cost of US$45.0 million. In addition to the well costs, another announcement was made this morning that PETRONAS will pay FAR cash consideration ... more

Woodside grants WorleyParsons contract extension

WorleyParsons has just been awarded a one-year contract extension to provide engineering, procurement, construction and management services to support the assets of the North West Shelf Project for Woodside Energy Ltd. Under the extension, WorleyParsons will continue to provide brownfield engineering services to support the Karratha Gas Plant assets in Western Australia. The Company has held the contract for three years and has been providing support to Woodside for over twenty years. “We appreciate the confidence shown in WorleyParsons’ capability and are pleased to continue our longstanding relations... more

171 million barrels of oil have been discovered at Dorado

Carnarvon Petroleum Limited has completed an assessment of the hydrocarbon volumes within their Dorado structure, which is located off the coast of Western Australia. Carnarvon has announced that approximately 171 million barrels of oil were discovered in Dorado, making it one of the largest oil resources ever found on the North West Shelf.  Oil fields of this scale are not often found- it has been more than 30 years since the last large field discovery on the North West Shelf. Carnarvon has stated that it is common for additional resources to be discovered in the surrounding area. “The gas and con... more

Senex announces oil discovery in Cooper Basin

Senex Energy Limited (Senex) have just announced a Cooper Basin oil discovery from the first well of its FY19 drilling campaign, Breguet-1. The Breguet-1 oil exploration well is located approximately 1.6 kilometres west of the producing Spitfire oil field. The well was identified through a Liberator 3D seismic survey and was drilled to test sandstones of the Birkhead Formation within a four-way structural closure. Senex encountered elev... more

Woodside grants new contract for Scarborough upstream development

Global engineering and technical services company, Wood, has been awarded a new contract for the proposed Scarborough upstream development, offshore Western Australia. Two of Wood’s specialist field development studies teams from Perth and Houston will be contracted to work on concept definition level engineering associated with the floating production unit, subsea umbilicals, risers and flowlines, flow assurance and overall system integration of the upstream development. Woodside’s proposed development of the Scarborough area assets is in line to ‘maximise value and recoverable resource’ and Woo... more

Santos accelerates Cooper Basin natural gas activities

Santos has announced that a fourth rig, the Ensign 965, has commenced operations in the Cooper Basin, which will help to supply gas to the east coast domestic market. The rig will drill eight wells by the end of 2018, starting in the Big Lake field with four deviated wells from a multi-well pad. Following this, the project will move to Moomba South, drilling four more appraisal wells there. The announcement also indicates that Santos will have then drilled almost 90 wells in the Cooper Basin this year, forming the most wells drilled in a single year for the company since 2014. “As Santos has become Austr... more

Cooper Energy concludes Sole-4 flow-back operations

Cooper Energy has announced that Sole-4, the second of two production wells for the Sole Gas Project (offshore of Victoria) is being shut-in for future connection after successful clean-up and flow-back operations. Drilling, sandscreen installation and gravel packing was finalised on the project during mid-to-late July. A flow-back test on a near-horizontal 112-metre section has also been completed on the Top Latrobe Group sandstone reservoir. The test found that the flow rate was at a maximum measured rate of 60 Million standard cubic feet per day (MMscf/d). During the 11-hour main flow period, the flow ... more

Cliff Head operation finds no evidence of hydrocarbons after oil spill

Triangle Energy has just stood down their Incident Management Team (IMT) after announcing they followed the requirements for their Oil Pollution Emergency Plan (OPEP) and conducted various safety and environmental assessments. This news comes after the recent interruption to production at the Cliff Head Alpha Offshore Platform due to a Level 1, low level, oil spill which occurred on Tuesday 24 July. The Cliff Head Offshore Platform is located approximately 14 kilometres offshore in the Perth Basin, 300 kilometres north of Perth. Triangle Energy’s Managing Director, Mr Rob Towner, confirmed today’s an... more

Ichthys LNG Project officially commences production

INPEX has just announced that operations have commenced at the Ichthys LNG Project, located in the Ichthys Gas-condensate Field, offshore Western Australia. The large-scale project is expected to be operational for over 40 years. The Ichthys LNG Project is set to produce and ship approximately 8.9 million tonnes of LNG, along with approximately 1.65 million tonnes of liquefied petroleum gas (LPG) per year. It is predicted that the project will produce approximately 100,000 barrels of condensate per day during its peak. The produced gas will be gathered within the Central Processing Facility (Ichthys Explo... more

Construction of Northern Gas Pipeline completed

Jemena, has just announced that another ‘major milestone’ has been reached on the Northern Gas Pipeline, with the construction of the 622km pipeline now complete. The pipeline will now link Tennant Creek in the Northern Territory with Mount Isa in Queensland. The news of the milestone was confirmed by Antoon Boey, Executive General Manager of Corporate Development at Jemena, earlier this week. Approximately 34,000 lengths of pipe have been welded, lowered in, and are now fully buried within the trench. “The sheer scale of this project is enormous,” said Mr Boey, “The [Northern Gas Pipeline is] th... more

Carnarvon recovers light oil offshore WA

Carnarvon Petroleum Limited and Quadrant Energy have just announced that the Joint Venture (JV) has made an oil discovery in the Caley Member offshore Western Australia. Results have confirmed that a light oil discovery has been made in the uppermost section of Caley, along with the discovery of gas and condensate in the Baxter Member. Carnarvon has explained that this work was designed to provide additional information across a broader area of Caley. Carnarvon has announced that the Baxter reservoir is predicted to contain an estimated gross hydrocarbon package of 21 metres along with a net pay thickness... more

Woodside to accelerate Scarborough gas development

Woodside has just announced that the upstream component of the Scarborough gas resource (located in the Carnarvon Basin, approximately 375 km west-north-west of the Burrup) will be accelerated and made ready for its startup in 2023. The development will be made downstream ready for the following year to maximise market opportunity. The location of the Scarborough gas development is estimated to hold 7.3 trillion cubic feet (tcf) of stored dry gas. Woodside has proposed to develop the resource with 12 subsea, high-rate gas wells tied back to a semi-submersible platform moored in 900 m of water close to the Sca... more

Rawson signs gas sale MOU with Weston Energy

Rawson Oil and Gas (Rawson) has executed a non-binding Memorandum of Understanding (MOU) with Weston Energy to sell gas from the Nangwarry‐1 exploration well in the Otway Basin, South Australia in the event of a commercial discovery. The MOU is a step towards signing a binding Gas Sales Agreement (GSA) between the two companies and covers the purchasing by Weston Energy of up to 4 petajoules (PJ) of gas per year for a period of five years. The advancement toward signing a GSA would be subject to a number of conditions, however, including the success at Nangwarry‐1 and Weston Energy finalising gas transpor... more

‘Significant’ oil discovery found offshore WA

An announcement was made earlier this morning that a significant oil discovery was made by Carnarvon Petroleum Limited (Carnarvon) and their partner Quadrant Northwest Pty Ltd, in the Caley Member, as a part of the current Dorado-1 well drilling campaign. The Dorado-1 well drilling project is located within the WA-437-P exploration permit, just offshore of Western Australia. Light oil was recovered by the company from a reservoir that contains a net pay thickness of 79.6 metres in highly porous and permeable sands. As wireline testing commenced at the Dorado-1 well, the results were confirmed. “This is ... more

Offshore Perth Basin oil field nearly doubles in size

Triangle Energy has updated their estimates for their offshore Perth Basin oil field after the company completed their new static modelling, showing it has potentially doubled the size of the Cliff Head field, from 15.7 million barrels to an estimated at 29 million barrels. Aside from this, there are five additional areas expected to contain oil, with one trap within the Dongara Sandstone and four more in the Irwin River Coal Measures. This would add up to the best estimate of 10.2 Million Barrels, and a high estimate of 13.5 Million Barrels. The extensions are all within tie-back to the existing Cliff Head ... more

Ichthys LNG Project delayed once again

Japan’s Inpex Corp has delayed gas production from their $40 billion Ichthys Field project, located off the coast of Australia, only weeks after assurances that the company’s output would commence shortly. Similarly, it has just been reported that the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) allegedly found ‘defiencies in the suitability of electrical equipment in hazardous areas’ during a four-day inspection of the Ichthys Explorer platform in late June, according to a NOPSEMA spokeswoman. “Inpex has informed NOPSEMA that it has delayed introducing hyd... more

WorleyParsons wins two new leading contracts

WorleyParsons has been awarded the Chevron contract expansion in Western Australia and haswon a new three-year contract by NOVA Chemicals, for the continued engineering on the Corunna Cracker Expansion Project (Canada).  The new three-year contract is related to the Corunna Cracker Expansion Project, which is located in Ontario, Canada. The award to WorleyParsons follows the successful completion of services to Phase 2 of the project’s development. Under the new contract, WorleyParsons is set to provide engineering, procurement, construction management and project management services, and will be executed ... more

FEED contracts awarded to Santos’ Barossa project

Santos has just announced they are progressing on the front-end engineering and design (FEED) phase of the Barossa offshore project with the grant of three major engineering contracts. These developments are located within Australian/Commonwealth waters. “These contracts reaffirm Barossa’s position as the leading candidate for Darwin LNG backfill, with no alternative projects in the FEED phase.  Barossa would more than double Santos’ production in northern Australia and significantly increase our portfolio LNG production from early 2024 when strong, unfulfilled LNG demand is expected,” voiced Santos ... more

Jemena and Senex align to fast-track new gas supply to market

Energy infrastructure company Jemena, has announced a signed agreement with Senex Energy, with plans to build and operate the Atlas Gas Processing Plant and Pipeline (AGPP). The Atlas Gas Processing Plant and Pipeline (AGPP) is set to connect Senex’s ‘Atlas’ gas field (located in the Surat Basin, south-east of Queensland), with Jemena’s Darling Downs Pipeline and the Wallumbilla Gas Hub, Australia’s largest gas hub. Jemena is set to invest around $140 million to build the gas... more

Chevron’s Wheatstone LNG Project Commences

Chevron’s Wheatstone Liquefied Natural Gas (LNG) Project has just commenced production from their second train, located 12 kilometres west of Onslow. The Wheatstone Project is expected to produce roughly 8.9 Million Tonnes Per Annum (MTPA) over an estimated operational period of 30 years. Chevron Australia currently operates five train LNG businesses and is Australia’s largest liquefaction owner. The Wheatstone Project is in motion to become Australia’s first third-party natural gas hub, with plans to enable the development of Western Australia’s natural offshore gas resources. “With the Chevron... more

Drilling of Canning Basin project has officially commenced

Drilling of the Dorado-1 well in the Canning Basin offshore Western Australia has now commenced, with preparations to drill a 17-inch section of the hole. In the project, 125 million barrels of oil equivalent are being targeted. Carnarvon Petroleum Limited (Carnarvon), is a Western Australian-based company focusing on oil and gas exploration and production, with projects in Australia, Thailand and Indonesia. Since arriving on the Dorado site, Carnarvon has successfully drilled a 36-inch conductor hole, running and cementing the 30-inch surface casing, and has preparations to drill the 17-inch section. The pri... more

GLNG hits milestone with 200th LNG cargo

The GLNG project has reached a major milestone this week, shipping its 200th LNG cargo from Curtis Island near Gladstone to Korea in northeast Asia. The vessel, YK Sovereign, docked at Incheon terminal this week. “The natural gas industry is building a better future for hundreds of millions of people throughout the Asian region,” said Santos CEO, Kevin Gallagher (Santos currently holds 30 per cent interest in The GLNG project). The GLNG project is also currently investing around AUD$900 million in upstream production infrastructure this year, providing a source of ongoing jobs and business opportuniti... more

AIE selects Port Kembla for ‘Revolutionary’ Landmark Import Terminal

After a detailed engineering port assessment, Port Kembla has been selected by Australian Industrial Energy (AIE) for the site of NSW’s first Liquefied Natural Gas Import (LNG) Terminal. This terminal is set to have the ability to supply in excess of 100 PJ per annum, sufficient to meet over 70 per cent of NSW's total gas needs. The LNG import terminal is set to be named Port Kembla Gas Terminal, with the construction of the terminal positioned to make Australian Industrial Energy a key player in the broader east coast gas market. The new Port Kembla Gas Terminal will also deliver locally in terms of energy... more

Partnership paves way for new Pilbara gas processing

A memorandum of understanding (MoU) between Woodside and Perdaman will pave the way for more gas processing in the Pilbara.   The MOU ensures the supply by Woodside of gas to the proposed Perdaman Urea plant on the Burrup Peninsular in Karratha for a period of 20 to 25 years. Perdaman’s planned Urea Plant will have a capacity of 2 million tonnes per annum and is estimated to cost US$3.3bn to build. Perdaman has estimated the new plant will create up to 2,000 jobs during construction and 200 ongoing jobs. Perdaman Managing Director, Vikas Rambal said that the dream of building a world class Urea plan... more

Barossa Offshore project enters next phase

The Barossa joint venture, consisting of ConocoPhillips Australia Exploration Pty Ltd (ConocoPhillips), SK E&S Australia Pty Ltd and Santos Offshore Pty Ltd, have entered the Front-End Engineering Design (FEED) phase on the Barossa Offshore Project. Barossa is an offshore gas and light condensate project that proposes to provide a new source of gas to the existing Darwin LNG facility, subject to suitable commercial arrangements being put in place. The offshore development concept includes a Floating Production Storage and Offloading (FPSO) facility, subsea production system, and gas export pipeline, locat... more

Project to more than double Santos’ Northern Australia production

Santos has announced that agreement has been reached with their joint venture partners to enter the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG (DLNG). Santos Managing Director and Chief Executive Officer, Mr Kevin Gallagher, said the Barossa FEED decision consolidates its position as the leading candidate for DLNG backfill when Bayu-Undan production ceases in the early 2020s. “It’s a great step forward for Santos because our higher equity position means that a successful Barossa development would more than double our current productio... more

Major Gorgon expansion a welcome boost to WA

The Gorgon Joint Venture has announced that drilling at one of Australia's biggest resources projects, off the North-West coast is set to commence next year. The Gorgon Stage Two Project is expected to create hundreds of jobs over several years in areas including drilling, subsea installation, pipe-laying and project management as well as ongoing operational jobs into the future. The additional Gorgon subsea facilities will maintain the supply of gas for the life of the project, over the next 30 to 40 years. Premier Mark McGowan said Chevron Australia's subsea development will ensure continued domestic ... more

INPEX awarded exploration block offshore WA

INPEX has announced that through INPEX Browse E&P Pty Ltd, a subsidiary, it was individually awarded an exploration permit for Release Area WA-533-P (the Block) as Operator in Australia’s 2017 Offshore Petroleum Exploration Acreage Release. INPEX Browse will hold a 100% participating interest in the Block where it will henceforth pursue exploration activities. The Block is located off the northern coast of Western Australia and covers a surface area of 12,402km2. The Block’s water depth ranges between approximately 50m and 600m. The Block lies on an offshore extension of the onshore Canning Basin i... more

ConocoPhillips propose development north of Darwin

ConocoPhillips Australia Exploration Proprietary Limited (ConocoPhillips), as proponent on behalf of the current co-venturers SK E&S Australia Pty Ltd and Santos Offshore Pty Ltd, is proposing to develop hydrocarbon resources in the Timor Sea into high quality products in a safe, reliable and environmentally responsible manner. The Barossa Area Development is located in Australian Commonwealth waters within the Bonaparte Basin, approximately 300 kilometres (km) north of Darwin, Northern Territory (NT). The development concept includes a permanently moored FPSO facility, subsea production system, suppor... more

Woodside to operate proposed gas field

Woodside and BHP have entered into an agreement in relation to the proposed development of the Scarborough gas field. Under the agreement, BHP waives its right of pre-emption and provides its consent to the sale by ExxonMobil to Woodside of its 50% interest in WA-1-R and the Scarborough Joint Venture Operating Agreement. This will result in Woodside holding a 75% interest in Scarborough. Woodside will become the Scarborough operator on completion of the transaction between ExxonMobil and Woodside. Woodside grants BHP an option to purchase an additional 10% interest in Scarborough on equivalent considera... more

Santos GLNG to invest $900M in Queensland gas fields in 2018

Santos GLNG partners will make a massive capital investment of $900 million in upstream developments in the Maranoa, Western Downs, Central Highlands and Banana regions this year. As well as upstream developments around the Fairview, Scotia and Arcadia fields, this investment includes the first year of funding for the new $750 million Roma East project which will be developed over the next three years. Santos’ Executive Vice President Onshore Upstream, Mr Brett Woods, joined Queensland Minister for Mines and Energy Dr Anthony Lynham to launch the Roma East project, following the drilling of the first of ... more

Arrow Energy agrees deal for Surat Basin reserves

Queensland company, Arrow Energy, has agreed one of the largest gas supply deals on Australia’s east coast, to bring to market its significant gas reserves in southern Queensland. The 27-year deal between Arrow and the Shell-operated QCLNG joint venture, will commercialise the majority of Arrow’s gas reserves in the Surat Basin (approx. 5 trillion cubic feet (TCF)), where the company has produced gas for more than a decade. Arrow Energy CEO, Qian Mingyang, said the company’s equal shareholders, PetroChina and Shell, had approved Arrow’s execution of a binding Gas Sales Agreement (GSA) following 18 ... more

West-east Gas pipeline pre-feasibility study

ACIL Allen, in conjunction with GHD, is the successful tenderer to conduct a pre-feasibility study on the West-East Gas Pipeline. Announced in this year’s Federal Budget, the West-East Gas Pipeline pre-feasibility study is the first Commonwealth investigation of the potential for constructing a gas pipeline from Western Australia to link up to the east coast gas market. The findings from the study may inform a full feasibility study to test the viability of constructing a natural gas pipeline to provide additional gas supplies and increase competition in the east coast gas market. ACIL Allen will be i... more

INPEX awarded exploration permit offshore Western Australia

INPEX has announced that INPEX Browse E&P Pty Ltd, a subsidiary, has been individually awarded an exploration permit for Release Area WA-532-P in Australia’s 2016 Offshore Petroleum Exploration Acreage Release. INPEX Browse will hold a 100% participating interest where it will henceforth pursue exploration activities as Operator. Block WA-532-P located off the coast of Western Australia covers an area of 26,300km2 where the water is approximately 60~250m deep. The Block lies in the vicinity of the Ichthys gas-condensate field where INPEX is developing the Ichthys LNG Project as Operator. In the vicin... more

Jemena fast-tracks plans to connect Galilee Basin to the east-coast gas market

Jemena has signed a binding agreement with Galilee Energy Limited to work together towards agreed development milestones that will fast-track plans to deliver a large new source of gas from Galilee Energy’s Glenaras Gas Project in the Galilee Basin in central Queensland to the east-coast domestic gas market. The agreement fast-tracks Jemena’s plans to build a new pipeline to deliver gas produced by Galilee Energy to the east coast and means Jemena will begin engaging with local communities, conducting field surveys, and completing pipeline design concept works. In parallel, Galilee Energy will progress... more

Chevron achieves first LNG production at Wheatstone

Chevron Australia has started producing liquefied natural gas (LNG) at the Wheatstone Project in Western Australia and the first cargo is on track to be shipped in the coming weeks. “First LNG production is a significant milestone and is a credit to our partners, contractors and the many thousands of people who collaborated to deliver this legacy asset,” said Chevron Chairman and CEO John Watson. “Wheatstone adds to our legacy gas position in Australia that will be a significant cash generator for decades to come.” At full capacity, the Wheatstone Project’s two train LNG facility will supply 8.9 ... more

Project promises big step towards long term east coast energy security

Australian exploration and resource development company, Ebony Energy Limited has announced it has completed the scoping study for a significant above ground coal-to-gas gas production project that will help ensure eastern Australia’s long term energy security.   The gas production project is named Andado, after the vast Andado cattle station where it is located some 250 kilometres from Alice Springs in the Northern Territory. Ebony Energy is an unlisted Australian public company which was founded in 2011 by a number of highly experienced energy, resource, engineering and finance industry executives.   The... more

FPSO Ichthys Venturer arrives in Australian waters

The INPEX-operated Ichthys LNG Project marks another major milestone with the safe arrival of its Floating Production, Storage and Offloading (FPSO) facility in Australian waters. The 336 metres long, 59 metres wide, ship-shaped, weather-vaning facility, named Ichthys Venturer, will be permanently moored in the Browse Basin, about 220 kilometres off the Western Australian coast. “The safe completion of the 5600 kilometre, 26 day tow of the Ichthys Venturer from South Korea to Australian waters is another significant stride forward for the Ichthys LNG Project,” said Managing Director Ichthys Project, Mr... more

Another BP project begins production

A gas project in Australia is one of seven major projects start-ups BP expects in 2017. Five of these seven projects have now started up. The Persephone project in Australia follows the start-ups earlier this year of Juniper in Trinidad, the first phase of the West Nile Delta development in Egypt, the Trinidad Onshore Compression project and the Quad 204 redevelopment in the UK. A further two projects – the first phase of the Khazzan tight gas development in Oman and development of the Zohr gas field offshore Egypt – are expected to begin production before the end of the year. Bob Dudley, BP group chie... more

Ichthys LNG Project’s giant FPSO sails away

The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility–Ichthys Venturer–safely sailed away yesterday evening from waters near its construction site in Okpo, South Korea en route to Australia. This follows the completion of commissioning and preparation work. The 336 metre long ship-shaped, offshore facility began the 5,600 kilometre voyage that will take approximately one month to complete, from South Korea towards her ultimate destination in the Browse Basin, some 220 kilometres off the north coast of Western Australia. “The sail away of the massive... more

Prelude FLNG: Next stop Australia

Royal Dutch Shell’s Prelude floating liquefied natural gas (FLNG) facility has left the Samsung Heavy Industries shipyard in Geoje, South Korea, marking a significant milestone for the project. The facility, constructed by Technip Samsung Consortium, is being towed to North West Australia, where the next phase of the project will begin. On arrival at the Prelude offshore gas field, 475 kilometres (295 miles) north-north east of Broome, Western Australia, pre-installed mooring chains will be lifted from the seabed and secured to the facility. Once secure, the hook-up and commissioning process will begin. ... more

World’s largest semi-submersible platform arrives in Australian waters

The INPEX-led Ichthys LNG Project has seen the safe arrival of the central processing facility (CPF), the world’s largest semi-submersible platform, in the Australian waters of the Browse Basin. The massive CPF (named the Ichthys Explorer) weighing 120,000 tonnes and with topsides measuring 130 metres by 120 metres, reached her final destination, 220 kilometres off the north coast of Western Australia, where she will be located for 40 years. “The safe completion of the 5,600 kilometre tow of the Ichthys Explorer from South Korea to the Ichthys Field, located 450 kilometres north of Broome, is another s... more

Jemena engages construction partner for pipeline project

Jemena’s $800 million Northern Gas Pipeline Project (NGP) continues to progress smoothly, with a number of critical milestones being reached in recent weeks. Jemena’s Managing Director, Paul Adams, said the final length of line pipe required for the NGP has been delivered to Darwin, while Jemena is also well advanced with preparatory works as part of the construction of the NGP. Mr Adams also stated that Jemena has appointed a construction partner for the Territory, and part of the Queensland, portion of the pipeline. “Jemena has now finalised paperwork to reappoint McConnell Dowell, which means t... more

Esso Australia announces completion of Longford Gas Conditioning Plant

Esso Australia, a part of the ExxonMobil Australia group of companies, has completed its Longford Gas Conditioning Plant, which processes gas from the Kipper Tuna Turrum development. Production from the gas conditioning plant marks the completion of the AUD$5.5 billion Kipper Tuna Turrum development – the largest domestic gas project on Australia’s eastern seaboard. The development will supply 1.6 trillion cubic feet of gas to eastern Australia – enough to power a city of one million people for 35 years. “This milestone, made possible with our Australian workforce and the support of our joint ventu... more

Arrow enters FEED for substantial Surat asset expansion

Arrow Energy will undertake the front-end engineering design (FEED) phase for a proposed major expansion of its Tipton gas project 30km west of Dalby in Queensland’s Surat Basin. Arrow Energy CEO Qian Mingyang said the project involved a significant upgrade of existing facilities, and would more than double production capacity from Tipton to more than 80 TJ/d. “This project continues the development of the Arrow resource which will see more gas in the market,” Mr Qian said. The project followed a recent $600M+ investment by Arrow in its Surat Basin infrastructure, comprising the $500M Daandine exp... more

Monadelphous secures long-term INPEX contract

Engineering company Monadelphous Group Limited has been awarded a major, long-term offshore maintenance services contract for INPEX Operations Australia associated with the Ichthys LNG Project, located in the Browse Basin, approximately 450 kilometres from Broome, Western Australia. The contract is for an initial period of six years with a further two-year extension option. Monadelphous has been engaged to deliver operational, campaign and shutdown maintenance services and brownfield projects implementation associated with the Ichthys Central Processing Facility ‘Ichthys Explorer’ (CPF) and Floating Produ... more

Feasibility Study into second Darwin LNG Train

The Territory Labor Government will contribute $250,000 towards a feasibility study into the potential expansion of ConocoPhillips’ Darwin Liquified Natural Gas (DLNG), which could create thousands of jobs in the NT. The study will examine the viability of developing a second LNG train at the Darwin LNG plant at Wickham Point. Chief Minister Michael Gunner said a second train for the Darwin LNG facility would involve a multi-billion dollar investment and represent a new development in Australia’s off-shore gas industry. “The Territory Labor Government is focused on restoring trust by creating jobs... more

Shell seals more east coast domestic gas deals

Shell’s QGC joint venture has announced two new gas sales agreements with large domestic customers. The deals will see the JV supply gas for power generation in South Australia and manufacturing in Queensland. Shell has announced it will supply around 8PJs of gas to Engie’s Pelican Point power plant in South Australia for five months over the peak winter period to help secure electricity contracts to major industrial users. An 18-month agreement will supply gas from Queensland’s Surat Basin gas fields to Orica’s Yarwun facility near Gladstone, which produces explosives and cyanide for the mining in... more

Shell set to inject new gas into east coast market

Queensland Gas Company (QGC), a Shell Australia joint venture, has announced that it will soon begin drilling up to 161 additional wells. Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said the ‘Project Ruby’ development in the Surat Basin underpins 350 new and existing jobs. Up to 161 new wells will be drilled in 2017 and 2018 in QGC’s existing tenements in south-west Queensland. QRC’s current data shows that in 2015-16, our state’s gas industry contributed $12.8 billion in economic contribution and supports 65,000 jobs and the advancement of this project will only mean mor... more

LNG production starts from Gorgon Train Three

Chevron Australia has announced the start of liquefied natural gas (LNG) production from the third train at the Chevron-led Gorgon Project on Barrow Island off the northwest coast of Western Australia.   Chevron Australia managing director Nigel Hearne said Gorgon is delivering an important new source of energy for customers in Western Australia and across the Asia-Pacific region as well as contributing to significant levels of investment in the Australian economy. “This is a key milestone for the Gorgon joint venture participants, our workforce, customers, government and all those associated with th... more

Jemena secures land access for the Northern Gas Pipeline

Jemena’s $800 million Northern Gas Pipeline (NGP) has reached another crucial milestone, after land access arrangements with the Wakaya People were finalised. The decision means Jemena has now secured land access with all Traditional Owner groups across the 622km pipeline route in both the Northern Territory and Queensland. Jemena will now move to formalise these arrangements over the coming days. The agreement follows more than 12 months of discussions and negotiations with Traditional Owners and their representative Land Councils. Northern Gas Pipeline Project Director, Jonathan Spink, said the agreeme... more

Senex approves $50 million investment in the Western Surat Gas Project

Senex Energy Limited has sanctioned its first major investment in the Western Surat Gas Project, committing $50 million to a 30 well drilling campaign, with gas production of around 10 TJ/day (~0.6 mmboe p.a.) expected by mid-20181. Senex Managing Director and CEO Ian Davies said the work program would result in significant gas volumes from drill ready acreage, and the Company had a clear strategy for project acceleration. “We have seen immediate gas to surface from the Glenora pilot wells, brought online for continuous production in early February. We have also seen evidence of strong gas flows from we... more

New liquefied petroleum gas (LPG) distribution network approved

On 1 February 2017, the Essential Services Commission of South Australia (ESCOSA) approved a request from Australian Gas Networks Limited for a new distribution network under its licence; specifically, liquefied petroleum gas (LPG) services in the Mount Barker, Littlehampton and Nairne area. Australian Gas Networks Limited submitted its request to the Commission for a LPG distribution network on 8 November 2016. The Commission undertook a round of public consultation in relation to the request and received one submission from stakeholders. In making its assessment, the Commission sought technical advice from ... more

Santos one step closer to proceed with NSW Gas Project

Santos has submitted the State Significant Development Application and associated Environmental Impact Statement (EIS) for its Narrabri Gas Project to the NSW Department of Planning and Environment. The proposed Narrabri Gas Project, located in North West NSW, could supply up to 50% of NSW gas needs and provide significant benefits to the region and the state more broadly. Santos will make the gas available to NSW and the east coast domestic market via a pipeline linking into the existing Moomba to Sydney Pipeline. The pipeline will be constructed by APA Group and will be subject to a separate approval. Sa... more

Senex begins Cooper Basin drilling campaign

Senex Energy Limited has commenced its FY17 oil and gas drilling program in the Cooper Basin. The current drilling program will comprise a multi-well oil campaign including exploration, appraisal and development opportunities, and a high impact unconventional gas exploration well. Oil appraisal and development The first two wells of the campaign are located on the producing Worrior and Spitfire fields. Worrior-11 (ex PEL 93: Senex 70% and operator, Cooper Energy 30%) is a development well targeting oil accumulations in the lower Birkhead and Hutton horizons. The well is due to be spudded in mid-December. ... more

Equinor announces new oil discovery in Norway licence

A partnership comprising of Equinor, ENI and Petoro have discovered oil in the Skruis exploration well, which is located in Norway's Johan Castberg license. In an announcement on Monday morning, Equinor said that the discovery shows Skruis has a volume of between 12 million and 25 million of recoverable barrels of oil. Nick Ashton, Equinor’s Senior Vice President of Exploration (Norway and UK) said this is an important discovery as it helps to determine the size of the Johan Castberg resource base which is currently being developed. “Securing resources near existing infrastructure is an important p... more

Wellesley announces successful appraisal of North Sea discovery

Wellesley Petroleum AS, an exploration company focused on the Norwegian Continental Shelf has completed its appraisal of the Grosbeak Discovery in the Northern North Sea by wells 35/11-21S and 35/11-21A. As per the announcement yesterday morning, well 35/11-21S encountered a gross oil column of 90 metres at the target Middle Jurassic Brent Group level. Within this oil column, 45 metres comprised net reservoir with ‘good to excellent’ reservoir properties. Extensive data was acquired from the reservoir interval including a successful well test which have confirmed the high quality and good connectivity... more

BP receives approval for Alligin oil development in North Sea

BP today confirmed it has received approval from the Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland, which will target 20 million barrels of oil equivalent, and is expected to produce 12,000 barrels gross of oil equivalent a day at peak. Alligin (BP 50 per cent operator; Shell 50 per cent) is located 140 kilometres west of Shetland, an archipelago in Scotland, in water depths close to 475 metres. The development will consist of two wells, which will be tied-back into the existing Schiehallion and Loyal subsea infrastructure, utilising the processing and export faciliti... more

Winchester identifies prospective resources in Texas

Permian Basin-focused oil and gas company, Winchester Energy Limited has identified, from both 3D seismic and well control, the El Dorado, Mustang and Spitfire prospects. All three prospects are incorporated in the company’s 17,000-acre leasehold position. The cumulative gross Prospective Resource for these prospects on a probabilistic basis is estimated at around 7.796 million barrels if oil and productive reservoir targets are present in these prospects.     El Dorado... more

Equinor’s latest oil discovery more than doubles Norne reserves

Together with partners ENI (11 per cent) and Petoro (24 per cent), Equinor (64 per cent) has completed the appraisal well on the Cape Vulture discovery.  In an announcement this morning, Equinor stated that the well confirms a volume potential of 50-70 million recoverable barrels of oil. The discovery more than doubles the remaining oil reserves to be produced through the Norne field. Originally meant to be shut down in 2014, the productive life of Norne has already been extended to 2036, which is forecast to generate substantial spin-offs. The further maturing of the field development is anticipated to h... more

Large-scale Canada LNG project gets green light

Shell Canada Energy, an affiliate of Royal Dutch Shell plc, has made a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, in which Shell has a 40 per cent working interest. LNG Canada is formed through a joint venture between Shell, Petro-China, KOGAS, Mitsubishi and PETRONAS, with the project anticipated to be the first large-scale conventional new LNG project to reach a FID since 2013. Ben van Beurden, Chief Executive Officer at Royal Dutch Shell said that LNG Canada is the ‘right project, in the right place, at the right ti... more

Sapura Energy secures three new contracts and a contract extension

Sapura Energy Berhad has secured three new contracts and a contract extension valued at approximately RM815 million in Australia, Brunei, Malaysia and Nigeria, bringing the total value in contract wins for this fiscal year-to-date to RM5.3 billion for the Group. Yesterday Tan Sri Dato’ Seri Shahril Shamsuddin, President and Group Chief Executive Officer, Sapura Energy said that sustained high oil prices are encouraging recovery in investments which is driving increased activities for the company. “One of the key areas we are seeing an increase in demand is Brownfield Maintenance and Rejuvenation, where... more

Woodside’s ‘successful’ appraisal offshore of Myanmar

Woodside has announced that the Shwe Yee Htun-2 appraisal well in Block A-6, which is located offshore of Myanmar, has successfully appraised the 2016 Shwe Yee Htun-1 discovery. As per Woodside’s announcement this morning, the Shwe Yee Htun-2 appraisal well was drilled down-dip from the Shwe Yee Htun-1 well and intersected a gross gas column of 168 metres (measured depth rotary table (MDRT)) (143 metres true vertical thickness). The company has stated that a total of 41 metres of net pay (true vertical thickness) has been interpreted within a high quality-reservoir. The gas column has been confirmed t... more

Norway’s largest oil pipeline now in place

Late last week the last pipe of what is now Norway’s longest and largest oil pipeline was installed right next to the riser platform at the Johan Sverdrup field. The 36-inch pipeline extends 283 kilometres from the Mongstad oil terminal outside Bergen to the giant field in the North Sea. Geir Bjaanes, the person responsible for subsea, power and pipelines for the Johan Sverdrup project, said together with their supplier Saipem, Equinor succeeded in laying the oil pipeline to Johan Sverdrup without any serious incidents occurring. “It has been a significant operation, involving more than 600 people at t... more

Gambian exploration well location has been finalised

Australian oil and gas exploration company, FAR Limited (FAR), has selected their final well location for the upcoming Samo-1 well for their Gambian exploration program. This announcement follows the reprocessing and interpretation of 3D seismic data, detailed mapping of the Samo Prospect and detailed well engineering that has already occurred at the Samo-1 well location. The Samo Prospect lies just south of the giant SNE oil field in Senegal, a trend which has so far seen nine successful exploration and appraisal wells (at 100 per cent success rate). FAR has stated that the Samo-1 well will be located in wat... more

Independent assessment shows potential for two prospects

Melbana Energy Limited has released an update on the resource assessment for Cuba Block 9 (onshore on the north coast of Cuba) and the Beehive Prospect, located offshore of Australia. Independent-company McDaniel & Associates who have significant Cuban experience in certifying reserves have completed an independent assessment of prospective resources in Block 9 and the Beehive Prospect in Australia. For the Cuba Block 9 project, the assessment has identified an increase in the best estimate Oil in Place of 24 per cent to more than 15.7 billion barrels and an increase of recoverable Prospective Resourc... more

BHP announces sale of onshore US assets

BHP Billiton Petroleum (BHP) has just announced that they have agreed on the sale of their interests in the Eagle Ford, Haynesville, Permian and Fayetteville Onshore US oil and gas assets, for US$10.8 billion. MMGJ Hugoton III, LLC, a company owned by Merit Energy Company, has agreed to acquire 100 per cent of the issued share capital of BHP Billiton Petroleum (Arkansas) Inc and 100 per cent of the membership interests in BHP Billiton Petroleum (Fayetteville) LLC. This will be acquired for a total consideration of US$300 million (less customary completion adjustments), which will be available for payment at t... more

ExxonMobil raises estimate of resources in Guyana

ExxonMobil has announced that they have increased their estimate of discovered recoverable resources for the Stabroek Block offshore Guyana, South America to over 4 billion oil-equivalent barrels, and have therefore decided to  advance their support of the project's third phase of development. The previous recoverable resource estimate at Liza-5 was approximately 3.2 billion oil-equivalent barrels. The company is also considering two additional phases. The estimate increase follows the completion of testing at the Liza-5 appraisal well, in addition to a discovery at Ranger and the incorporation of the eight... more

Companies sign agreement over gas pipeline project in India

Indian Oil Corporation Limited (IOCL), ONGC, GAIL, Oil India Limited and Numaligarh Refinery Limited (NRL) have signed a Joint Venture agreement for the execution of the North-East Natural Gas Pipeline Grid Project in India. The Joint Venture have agreed to develop, build, operate and maintain the new natural gas pipeline project which will connect the Indian City Guwahati to other major North-Eastern cities, and major load centres such as the Numaligarh Refinery. This agreement will also include the integration of the North-East Natural Gas Pipeline with other gas producing fields in India. The Gas Grid P... more

WorleyParsons wins two new leading contracts

WorleyParsons has been awarded the Chevron contract expansion in Western Australia and haswon a new three-year contract by NOVA Chemicals, for the continued engineering on the Corunna Cracker Expansion Project (Canada).  The new three-year contract is related to the Corunna Cracker Expansion Project, which is located in Ontario, Canada. The award to WorleyParsons follows the successful completion of services to Phase 2 of the project’s development. Under the new contract, WorleyParsons is set to provide engineering, procurement, construction management and project management services, and will be executed ... more

BP increases share in key advantaged oilfield

BP has announced they are buying 16.5% in the Clair field from ConocoPhillips and selling interest in the Greater Kuparuk Area in Alaska to ConocoPhillips. The Clair field is located approximately 75 kilometres west of Shetland in Scottish territorial waters and was discovered in 1977. The Clair field west of Shetland has a complex fractured reservoir estimated to have had more than 7 billion barrels of hydrocarbons originally in place. “Clair is a key advantaged oilfield for our North Sea business, a giant resource whose second phase is about to begin production and which holds great potential for futur... more

BP’s ‘landmark’ Shah Deniz 2 Development in Azerbaijan

In partnership with Shah Deniz, BP has just announced the start-up of the new $28-billion project Shah Deniz 2, a 'landmark' new gas development in Azerbaijan, and will become the first commercial gas delivered directly to Turkey. The project is set to start on time and on-budget. Shah Deniz 2 is set to be the first subsea development in the Caspian Sea, also forming the largest subsea infrastructure operated by BP worldwide. The project forms the beginning of the Southern Gas Corridor series of pipelines, delivering natural gas to the Caspian Sea and directly to European markets for the first time. “Sha... more

Calima to Benefit from $72B Western Canadian Pipeline Infrastructure

Australian Oil and Gas company Calima Energy Limited (Calima) has undertaken a strategic review of current and near-term investments in gas pipeline capacity relevant to the Montney Formation in Western Canada.    “Calima is fast approaching the point where it will be drilling its first wells on the Calima Lands and it was therefore considered prudent to review the factors affecting the market both in terms of price and ease of access to infrastructure,” commented Calima Energy Managing Director, Alan Stein. The review identified over C$70 billion (approximately A$72 billion) of proposed infrastructure ... more

$12 Billion required to boost Nigerian LNG expansion

Hundreds of engineers are working around the clock at Nigerian Liquefied Gas (NLNG) to produce liquefied natural gas (LNG) at a new plant the size of Lower Manhattan. The company will require an investment of approximately 12 billion to fund the construction of two processing units, known in the industry as ‘trains’. NLNG want to boost Bonny Island’s terminal capacity by roughly 40 per cent, meaning an investment of over $10 billion to get to that production capacity. Oil and gas giants: Shell, Total and Eni together own a majority stake in the Bonny Island venture. NLNG is currently the largest LNG... more

Southern Gas Corridor Project to bring opportunities for Europe

The first phase of Azerbaijan’s flagship Southern Gas Corridor (SGC) project has begun, with Azerbaijan’s President, Ilham Aliyev, inaugurating the project at a  ceremony on May 29. The project has been predicted to bring additional dividends to Azerbaijan. "[The SGC] will go down in history as the most important project realized until recent time in the world's oil and gas industry. The project, which will ensure the energy security of Europe, covers many parties with different interests, including six countries and 11 companies," said European Oil and Gas expert, Bahruz Guliyev. Located in the Caspi... more

New oil discovery in the North Sea

Equinor (formerly Statoil) and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the Norwegian North Sea. The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent. Nicholas Ashton, Equinor’s senior vice president, Exploration, Norway & UK says this is a good discovery which is expected to be commercial. “In addition, the results from the drilling indicate an upside potential in this discovery,” Ashton points out. The Lille Prinsen well is located 200 kilometres west of Stavanger and north-west of the Johan S... more

Tap Oil makes new oil discoveries

Tap Oil has reported a success with its Manora-8ST1 Appraisal Well with new oil discoveries being made in the 300 and 500 series sands. Multiple oil-bearing zones were encountered with the 490-60 sands, as well as more evaluations to come. The well is in the Manora Oil Field in the Northern Gulf of Thailand. The primary objective of the appraisal well project was to apprise multiple reservoir zones up-dip from MNA-18, as well as the delineation of the 490-60 sands found at MNA-18 and further explore for additional hydrocarbons at the 300, 400 and 500 levels. In terms of progress, the Manora-8ST1 well reac... more

Qatar Petroleum buys 30% equity in two ExxonMobil projects in Argentina

Qatar Petroleum has entered into an agreement with ExxonMobil to become a 30% equity holder in two of their affiliates in Argentina that hold different interests in hydrocarbon licences in the world class Vaca Muerta play in the onshore Neuquén basin in Argentina. Upon closing, the signed agreements will give Qatar Petroleum a 30% shareholding in two ExxonMobil local affiliates in Argentina, namely, ExxonMobil Exploration Argentina S.R.L. and Mobil Argentina S.A. Speaking at a press conference held on this occasion, Mr. Saad Sherida Al-Kaabi said it is Qatar Petroleum’s first investment in Argentina as... more

Total launches deep offshore development

Total and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development, 150 kilometres offshore Angola, Africa. The project will have a production capacity of 40,000 barrels per day (b/d). Zinia 2 is the first of several possible short-cycle developments on Block 17 that will unlock its full potential by connecting satellite reservoirs to the existing floating storage, production and offloading (FPSO) units. Arnaud Breuillac, President of Total Exploration & Production said the project will allow to extend the profitability of this prolific block, with over 2.6 ... more

World-scale petrochemicals complex to be developed in Qatar

Qatar Petroleum has invited a group of leading international companies, with extensive experiences in the petrochemicals industry, to submit proposals for partnering with Qatar Petroleum in the development and operation of a new world scale Petrochemicals Complex at Ras Laffan Industrial City, Qatar. The Petrochemicals Complex will include an ethane cracker with a capacity of more than 1.6 million tons per annum (MTPA) of Ethylene, making it the largest ethane cracker in the Middle East, and one of the largest in the world. The Petrochemicals Complex will also include world-class derivative plants, which will... more

ConocoPhillips awards brownfield services contract

Amec Foster Wheeler has announced that its Clough AMEC joint venture has been awarded a three year contract by ConocoPhillips to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea. The Bayu-Undan offshore facilities consist of a floating storage and offloading facility and three fixed platforms, a remote wellhead platform and a compression, utilities and quarters platform (CUQ) and a drilling, production and processing platform. The latter two are located adjacent to each other and linked by an access bridge, forming the Central P... more

Amec Foster Wheeler wins Sweden refinery contract

A contract by Preem AB, the largest fuel company in Sweden, has awarded a contract for the Engineering, Procurement and Construction management (EPCm) of their Lysekil refinery’s new Vacuum Distillation Unit (VDU). The new facility will manufacture Vacuum Gas Oil hence removing the need for its import. Amec Foster Wheeler announces the award of the EPCm contract follows the successful completion of a feasibility study for the VDU by Amec Foster Wheeler in 2014 to confirm the technical viability of the project, and its subsequent Front End Engineering Design in 2015. “I am delighted that we are able to ... more