Projects

  • PROJECTS

    Equinor and partners invest in further development of Åsgard field

    The partners in the Åsgard licence have decided to invest just under NOK 1.4 billion to further develop the field and implement the Åsgard B low-pressure project. The Åsgard field in the Norwegian Sea sta... more

  • PROJECTS

    OMV invests in second-generation biofuel production

    International oil, gas and chemicals company, OMV, has revealed plans to build a pilot plant at its Schwechat Refinery in Austria which will produce second-generation biofuels from 2023 using a patented process... more

  • PROJECTS

    Oceaneering wins integrated rig services contract for Gulf of Mexico development

    Oceaneering International Inc. (Oceaneering) has advised that its Subsea Robotics and Offshore Projects Group has secured an integrated rig services contract for covering the Khaleesi/Mormont and Samurai fields... more

  • PROJECTS

    Neptune and partners commence Dugong appraisal drilling

    Neptune Energy (Operator) and its partners in the Dugong licence have commenced drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea. Dugong is located 158 kilometres west ... more

  • Equinor and partners invest in further development of Åsgard field
  • OMV invests in second-generation biofuel production
  • Oceaneering wins integrated rig services contract for Gulf of Mexico development
  • Neptune and partners commence Dugong appraisal drilling

Pilot project to unlock Australia’s first hydrogen-ready pipeline

APA Group has announced a landmark hydrogen pilot project to enable the proposed conversion of 43-kilometres of Parmelia Gas Pipeline in Western Australia into Australia’s first 100 per cent hydrogen-ready transmission pipeline. The pilot project is APA’s first project under its Pathfinder Program – a new initiative that will help unlock energy solutions of the future – and would make the Parmelia Gas Pipeline one of only a few existing gas transmission pipelines in the world, 100 per cent hydrogen-ready. APA Group Chief Executive and Managing Director, Rob Wheals, said APA is excited to be bringin... more

CNOOC Limited announces large discovery in Bohai Bay

CNOOC Limited, one of China’s largest producers of offshore crude oil and natural gas, has announced that it has made a large-sized oil and gas discovery at Bozhong 13-2 in Bohai Bay. The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in the Bohai Bay (one of the three major bays of the Bohai Sea, the northwestern and innermost gulf of the Yellow Sea) with an average water depth of about 23.2 metres. The discovery well BZ13-2-2 was drilled and completed at a depth of 5,223 metres, and encountered oil pay zones with a total thickness of approximately 346 metres. The well was... more

Senex reaches nameplate production at Surat Basin facility

Senex Energy Limited has reached nameplate production of 32 terajoules (TJ) per day (approximately 12 petajoules per year) at its Atlas natural gas processing facility in the Surat Basin. Production at the firm nameplate capacity was achieved ahead of schedule and continues to increase. Further non-firm capacity of 8 TJ/day (roughly 3 PJ/year) is also available at the Atlas facility. Senex announced last month that its total Surat Basin production had reached 50 TJ/day (more than 18 PJ/year), an increase of 16 per cent from the previous quarter. The latest Atlas achievement is the final production miles... more

Drilling and well testing confirm resource size of Enterprise field

Beach Energy Limited has today confirmed reserves in relation to the Enterprise gas field, located in exploration permit VIC/P42(V) (Beach: 60 per cent and operator, O.G. Energy: 40 per cent) in the nearshore Victorian Otway Basin. The discovery has led to a 2P (proved and probable) reserves booking for the Enterprise gas field in which Beach has booked net 2P undeveloped reserves of 21 million barrels of oil equivalent (MMboe) (34 MMboe gross [1]), as at 15 February 2021. The 2P reserves include 97 petajoules (PJ) of sales gas (161 PJ gross), 211 kilotonnes (kt) of liquified petroleum gas (352 kt gross) a... more

Oil producer receives notice in relation to BP Kwinana Refinery

Perth Basin oil producer, Triangle Energy (Global) Limited, has received a notice of variation of the termination date from BP under the Crude Oil Supply Agreement, in relation to the Kwinana oil refinery in Western Australia. According to the notice, the termination effective date has been extended from 16 February 2021 to 1 March 2021. The company noted that the Cliff Head Oil Field, located approximately 270 kilometres north of Perth and 12 kilometres off the coast of Dongara in Western Australia, will continue to produce and deliver its product to the BP refinery in Kwinana until this time and as previous... more

ExxonMobil to convert Altona Refinery to import terminal

ExxonMobil has said the Altona Refinery is no longer considered economically viable and will be converted to an import terminal, which will ensure ongoing, reliable fuel supply for Victoria. The company said the decision was made following an extensive review of operations at Australia’s smallest refinery, which commenced operation in 1949. The review reportedly considered the competitive supply of products into Australia, declining domestic crude oil production, future capital investments and the impacts of these factors on operating earnings. Chairman of ExxonMobil Australia, Nathan Fay, said ExxonM... more

Esso on track to deliver West Barracouta gas to domestic market in 2021

On 28 January 2021, Esso Australia Pty Ltd (Esso, a subsidiary of ExxonMobil Australia Pty Ltd) revealed that it was nearing completion of its West Barracouta project, which will bring much-needed new gas supply to the Australian domestic market this year, as it gets ready to construct the project’s final subsea infrastructure. The West Barracouta gas development involves the drilling of two gas production wells and the construction of associated subsea gas production facilities to access gas in the existing Barracouta field. The development will leverage Esso’s existing oil and gas production infrastruct... more

Equinor and partners invest in further development of Åsgard field

The partners in the Åsgard licence have decided to invest just under NOK 1.4 billion to further develop the field and implement the Åsgard B low-pressure project. The Åsgard field in the Norwegian Sea started producing in 1999 and the transition to low-pressure production is important to secure improved recovery from the field. Equinor’s senior vice president for projects, Geir Tungesvik, said that the company is pleased that the Åsgard owners have given their go-ahead for the project. “The project will increase production from the current Smørbukk wells and contribute to achieve planned produc... more

OMV invests in second-generation biofuel production

International oil, gas and chemicals company, OMV, has revealed plans to build a pilot plant at its Schwechat Refinery in Austria which will produce second-generation biofuels from 2023 using a patented process developed in-house. A standard refining process will see the waste-based substance glycerin turned into bio-alcohol which, when added to gasoline, reduces its carbon dioxide (CO2) footprint. On Thursday OMV’s Chief Downstream Operations Officer, Thomas Gangl, said that after more than five years of research, the company is now investing in a ‘Glycerin2Propanol’ pilot plant and thereby contribute ... more

Oceaneering wins integrated rig services contract for Gulf of Mexico development

Oceaneering International Inc. (Oceaneering) has advised that its Subsea Robotics and Offshore Projects Group has secured an integrated rig services contract for covering the Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.  The work scope includes the provision of remotely operated vehicles (ROVs) with co-located ROV tooling and technicians, remote positioning and metrology survey resources, and installation and workover control system (IWOCS) equipment and technicians. Work is scheduled to commence in early 2021 and carry into 2022. Oceaneering’s Senior Vice President and Chief Com... more

Neptune and partners commence Dugong appraisal drilling

Neptune Energy (Operator) and its partners in the Dugong licence have commenced drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea. Dugong is located 158 kilometres west of Florø, Norway, at a water depth of 330 metres, and is close to the existing production facilities of the Snorre field. The reservoir lies at a depth of 3,250 - 3,400 metres. The well is being drilled by the Deepsea Yantai, a new semi-submersible rig owned by CIMC and operated by Odfjell Drilling. The Dugong discovery in Production Licence 882 was one of the largest discoveries on the Norwegian Co... more

Qatar Petroleum awards contract for LNG storage and loading facilities

Qatar Petroleum has awarded a significant engineering, procurement and construction (EPC) contract to Samsung C&T Corporation for the expansion of LNG storage and loading facilities located within the Ras Laffan Industrial City as part of its North Field East (NFE) project. The contract was signed on Monday by His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and President and CEO of Qatar Petroleum, and Oh Se-chul, President and CEO of Samsung C&T during a ceremony at Qatar Petroleum Headquarters. The contract, valued at more than $2 billion (including options), was aw... more

Sweet gas discovery spurs new potential in Baram Province

PETRONAS has reported a gas discovery from the Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of the Baram Province, roughly 90 kilometres off the coast of Sarawak, offshore Malaysia. PTTEP HK Offshore Limited, a wholly-owned subsidiary of PTT Exploration and Production Public Company Limited, is the operator for Block SK417 PSC with 80 per cent participating interest while PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS holds the remaining 20 per cent. The PSC was signed in March 2018 as a result from the Malaysia Bid Round 2017. The D... more

Neptune Energy announces start-up of Gjøa P1 development

Neptune Energy (Operator) and its partners Wintershall Dea, Petoro and OKEA have announced that production has started from the Gjøa P1 development. The Gjøa field, located in the northern part of the North Sea, 50 kilometres northeast of the Troll field, was discovered in 1989. Plans for development and operation (PDO) were approved by Norwegian authorities in 2007. The field is developed with five subsea templates tied to the Gjøa Semi-Submersible production facility for processing and export. Production commenced in 2010. Oil is exported by pipeline to Mongstad and gas by pipeline to St. Fergus in t... more