Projects

  • QPM launches drilling operations for Teviot Brook South wells

    PROJECTS

    QPM launches drilling operations for Teviot Brook South wells

    Queensland Pacific Metals Ltd (ASX:QPM) has announced the start of drilling operations for seven new production wells at the Teviot Brook South area in South East Queensland,. This initiative is part of the ... more

  • QPM announces 38 per cent increase in Moranbah Project Reserves

    PROJECTS

    QPM announces 38 per cent increase in Moranbah Project reserves

    Queensland Pacific Metals Ltd (ASX:QPM) has reported a substantial increase in reserves at its Moranbah Project in Queensland, with 2P reserves rising by 38 per cent from 240PJ to 331PJ. The independently ce... more

  • Tamboran signs major gas supply agreement with NT government

    PROJECTS

    Tamboran signs major gas supply agreement with NT government

    Tamboran Resources Corporation (TBN) has announced the signing of a binding Gas Sales Agreement (GSA) with the Northern Territory government to supply 40 TJ per day (~19 TJ per day net to Tamboran) from the pro... more

  • TotalEnergies to strengthen gas portfolio in Malaysia

    PROJECTS

    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, ... more

  • QPM launches drilling operations for Teviot Brook South wells
  • QPM announces 38 per cent increase in Moranbah Project reserves
  • Tamboran signs major gas supply agreement with NT government
  • TotalEnergies to strengthen gas portfolio in Malaysia

Woodside and Viva Energy progress LNG regasification agreement

Woodside and Viva Energy have entered into a memorandum of understanding (MoU) to progress discussions on capacity rights at Viva Energy’s proposed LNG regasification terminal in Geelong, which could enable Woodside to supply LNG to the east coast Australian market. Under the terms of the MoU, Woodside will discuss with Viva Energy the opportunity to acquire regasification capacity usage rights at the terminal to regasify LNG. This could help underpin the regasification terminal project as a key infrastructure solution to address the expected gas supply shortfall in the east coast Australian market from... more

Coregas partners with Haskel on hydrogen-powered heavy vehicle refuelling station

Coregas, part of Wesfarmers Group and the only Australian-owned gas company, has purchased a refuelling station and dispenser from Haskel Hydrogen Systems Group for Australia’s first commercial, hydrogen-powered heavy vehicle refuelling station at Coregas’ hydrogen production facility at Port Kembla, New South Wales. The hydrogen refuelling station, to be installed on the BlueScope Port Kembla site, will come online in 2022 and will be used to fill hydrogen fuel-cell powered vehicles, including Coregas’ own Hyzon Hymax-450 prime movers. Hydrogen fuel cell-powered heavy vehicles deliver an immediat... more

Buru Energy to spud Ungani oilfield development well

Buru Energy Limited is likely to spud its development well at Ungani Oilfield this week, with the mobilisation of the Ensign 963 rig to site approximately 60 per cent complete. The rig is being moved from the successful Rafael 1 exploration well Buru completed last week. The planned high pressure gas flow test at Rafael 1 is expected to commence mid-January next year, with some delays caused by WA border closures. Data from the Rafael 1 well has confirmed that the Upper Laurel Carbonate section above the current test zone in the Ungani Dolomite equivalent section is also dolomitised and has significant ... more

Western Gas and Valaris sign drilling contract

Western Gas is pleased to announce that it has executed the formal contract with Valaris for the MS-1 semi-submersible rig to drill the Sasanof-1 exploration well. The Sasanof-1 exploration well is in permit WA-519-P in Commonwealth waters about 207 km northwest of Onslow, Western Australia. Drilling is scheduled to commence in March/April 2022 following the rig relocating from nearby activities on the North West Shelf. The contract marks another milestone towards the drilling of the Sasanof Prospect. Securing the MS-1 rig following its current regional program provides significant benefits for the deliver... more

Melbana completes sale of Beehive prospect to EOG Australia

Melbana Energy Limited has completed the sale of its exploration permit WA-488-P, containing the Beehive prospect to EOG Australia. Melbana has received a payment of US$7.5 million from EOG Australia in consideration. The terms of the sale agreement provide for EOG Australia to make Contingent Additional Payments to Melbana totalling US$5 million, subject to EOG Australia making certain future elections in regard to the WA-488-P permit area. In addition, Melbana is entitled to payments of US$10 million per 25 million barrels of oil equivalent (boe) that may be sold and delivered from within the permit area in... more

Woodside approves Scarborough and Pluto Train 2 developments

Final investment decisions have been made on the Scarborough and Pluto Train 2 developments, including new domestic gas facilities and modifications to Pluto Train 1 off WA's North West. The $16 billion liquefied natural gas development will see gas from the Scarborough resource processed at Woodside's Pluto LNG facility on the Burrup Peninsula, near Karratha. As part of the development, a second LNG train and a new domestic gas facility at the Pluto site will be constructed. Construction is scheduled to commence in 2022 with first LNG cargo targeted for 2026. It is expected to create 3,200 job, and onc... more

FFI gets planning go-ahead for Queensland hydrogen facility

Fortescue Future Industries (FFI) has gained planning approval to build one of the world’s largest hydrogen equipment manufacturing facilities in Gladstone, Queensland. Deputy Premier and Minister for State Development Steven Miles said the approval will allow FFI to progress plans for constructing the facility in the Gladstone State Development Area (SDA). “FFI now has the planning approval required to progress the $114 million first stage of its Global Green Energy Manufacturing Centre (GEM) at Aldoga in the Gladstone SDA,” Mr Miles said. “In its initial stage, this $114 million investment fro... 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

Hartshead Resources advances gas fields amid fiscal uncertainties

Hartshead Resources NL (ASX: HHR) has announced that despite uncertainties surrounding future fiscal policies, the P2607 Joint Venture (JV) remains committed to advancing the Phase 1 Gas Field Development of the Anning & Somerville Gas Fields, with the 2024 JV budget firmly in place. Hartshead CEO Chris Lewis stated: “The Joint Venture continues to work to move our gas development project forward, looking at innovative funding arrangements to potentially reduce upfront capital expenditure (CAPEX). “Discussions with policymakers and other stakeholders have been encouraging, and I anticipate that a p... more

TotalEnergies and Sonatrach sign MoU for hydrocarbon contract

TotalEnergies and Sonatrach have inked a Memorandum of Understanding (MoU) to finalise a hydrocarbon contract in the north-east Timimoun region in Algeria — under the auspices of Law n°19-13 governing hydrocarbon activities. The MoU outlines a work program for the appraisal and development of gas resources in the North-East Timimoun region. The plan aims to synergise with existing processing facilities for production from the Timimoun field, with the dual objectives of reducing costs and emissions. TotalEnergies - Exploration & Production - Senior Vice President Middle East & North Africa Jul... more

TotalEnergies acquires 20 per cent interest in Dorado leases

TotalEnergies has announced the acquisition of Lewis Energy Group's 20 per cent interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, enhancing its natural gas production capacity in Texas. This move strengthens TotalEnergies' integration in the U.S. LNG value chain. The Dorado field, located in Texas, is expected to boost TotalEnergies' net U.S. natural gas production by 50 million cubic feet a day (Mcf/d) in 2024, with the potential for an additional 50 Mcf/d by 2028. This acquisition aligns with TotalEnergies' strategy to enhance its LNG integration with a low-cost... more

TotalEnergies and SINOPEC partner on sustainable aviation fuel in China

TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) have signed an agreement to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. The planned unit, to be jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tonnes of SAF per year. It will process local waste or residues from the circular economy, such as cooking oils and animal fats. SINOPEC has developed its own SAF production technology — called SRJET — while TotalEnergies, already a leading SAF producer in Europe, will contribute its experience and e... more

TotalEnergies restarts production at Tyra Hub, Denmark

TotalEnergies has announced the restart of production from the Tyra hub in the Danish North Sea, following the completion of a major redevelopment project. The hub is expected to produce 5.7 million cubic metres of gas and 22,000 barrels of condensate per day at the plateau, making Denmark self-sufficient and a net exporter of natural gas once again. Operating the Tyra field on behalf of the Danish Underground Consortium, TotalEnergies has completed a significant redevelopment project to restart production from the Tyra hub. The consortium includes TotalEnergies (43.2 per cent), BlueNord (36.8 per cent)... more