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
    13 May, 2024
  • Oil production starts at Argos platform in the Gulf of Mexico
    14 Apr, 2023
  • Woodside driving forward renewable hydrogen in Tasmania
    12 Nov, 2021
  • Equinor signs contracts for Northern Lights project
    21 Oct, 2020

Origin farms into prospective Canning Basin permits

Origin Energy Limited has announced a farm-in with Buru Energy for seven permits covering approximately 20,000 square kilometres in Western Australia’s prospective Canning Basin. Under the agreements, Origin secures a 50 per cent equity share in five permits with Buru Energy, and a 40 per cent equity share in two permits with Buru and Rey Resources in exchange for carrying $12.3 million of their share of work program costs. The total estimated spend by Origin over a two-year period is expected to be roughly $35 million inclusive of a two-well drilling program and seismic work. Origin also has continge... more

NWS project participants execute gas processing agreements

The North West Shelf (NWS) Project participants have executed fully-termed gas processing agreements (GPAs) for processing third-party gas through the NWS Project facilities with Woodside Burrup Pty Ltd, in respect of gas from the Pluto fields, and with subsidiaries of Mitsui & Co Ltd and Beach Energy Limited, in respect of the Waitsia Gas Project Stage 2. Woodside states that the execution of the GPAs is a key milestone in the transformation of the Karratha Gas Plant (KGP) into a third-party gas tolling facility and secures gas to fill emerging processing capacity. Both GPAs are subject to conditions ... more

APA announces first hybrid energy microgrid investment

APA Group has announced a two-phase power expansion agreement with Gruyere Gold Mine in Western Australia, which will increase total installed capacity by 45 per cent from 45 megawatts (MW) to 64MW. The agreement includes the creation of the Gruyere Hybrid Energy Microgrid (Gruyere Microgrid) - APA’s first hybrid energy microgrid investment. Total capital expenditure for all expansion works will be approximately $38 million [1]. In the first phase of works, APA will expand the Gruyere Power Station with the installation of a 12th reciprocating gas-fired engine. Work is currently underway on this expansio... more

Santos and Mitsubishi agree on Barossa LNG supply

Santos has signed a binding long-term liquefied natural gas (LNG) Supply and Purchase Agreement (SPA) with Diamond Gas International Pte Ltd (DGI), a wholly-owned subsidiary of Mitsubishi Corporation, for the supply of LNG from the Barossa project. The Barossa gas field, 300 kilometres north of Darwin, sits within Santos’ Northern Australia portfolio and is one of the company’s core long-life, natural gas assets. The Barossa development concept includes a floating production storage and offloading facility, six subsea production wells to be drilled in the initial phase, subsea production system, as wel... more

Agreement executed for long term gas supply

Blue Energy Limited has executed a non-binding Heads of Agreement (HOA) with EnergyAustralia for the supply of 100 petajoules (PJ) of gas at Wallumbilla over 10 years from Blue Energy’s Northern Bowen Basin ATP814 coal seam gas tenure. It is the first such agreement that will allow North Bowen Basin gas to be delivered into the main East Coast domestic market to the south from Moranbah. It is a foundation volume that will contribute to the underpinning of the proposed gas pipeline from the North Bowen Basin into the Wallumbilla 'Hub', and for the development of Blue Energy’s Bowen tenements. Blue En... more

INPEX FIFO workforce to live permanently in WA by 2023

Premier of Western Australia, Mark McGowan, has welcomed a decision by INPEX to transition its interstate fly-in, fly-out (FIFO) workforce to a Western Australian based model. The company announced that all employees working on INPEX's offshore Ichthys LNG facility, located approximately 220 kilometres offshore of Western Australia, will have to live in Western Australia by the end of 2023. The decision comes after repeated calls from the State Government for Eastern States-based FIFO workers to relocate to Western Australia. “I would like to commend INPEX on their decision to transition their interst... more

AIE and Jemena sign critical gas pipeline deal

Australian Industrial Energy Pty Ltd (AIE) has signed a memorandum of understanding (MOU) with energy infrastructure company, Jemena, to connect the $250 million Port Kembla Gas Terminal (PKGT) with the Eastern Gas Pipeline (EGP), with the project on track to supply more than 75 per cent of NSW’s gas needs by the end of 2022. As part of the MOU, Jemena intends to construct a 12-kilometre underground pipeline capable of transferring gas from the PKGT directly into the EGP – the major natural gas arterial between Victoria and NSW. As part of the MOU, Jemena plans to invest over $70 million to build the c... more
Azule Energy and Rhino Resources enter strategic agreement for offshore Namibian block

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

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
BlueNord ASA provides update on Tyra II commissioning

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

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 funding for Beetaloo Basin Project

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 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 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