Projects

  • 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

  • QPME commences operation of Moranbah Project

    PROJECTS

    QPM announces strategic realignment for energy growth

    Queensland Pacific Metals Ltd (ASX:QPM), a key player in sustainable mining and energy solutions, has announced a strategic realignment to expedite the growth of its gas and energy assets. This shift, aimed ... more

  • TotalEnergies and Oman advance Marsa LNG project

    PROJECTS

    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 2... more

  • Tamboran signs major gas supply agreement with NT government
    24 Apr, 2024
  • TotalEnergies to strengthen gas portfolio in Malaysia
    24 Apr, 2024
  • QPM announces strategic realignment for energy growth
    24 Apr, 2024
  • TotalEnergies and Oman advance Marsa LNG project
    23 Apr, 2024
QPME commences operation of Moranbah Project

QPM announces strategic realignment for energy growth

Queensland Pacific Metals Ltd (ASX:QPM), a key player in sustainable mining and energy solutions, has announced a strategic realignment to expedite the growth of its gas and energy assets. This shift, aimed at enhancing shareholder value and addressing the urgent energy needs in Eastern Australia, will focus on expanding and enhancing the Moranbah Gas Project (MGP). The decision to prioritise the MGP follows a comprehensive portfolio review and market analysis. The project is expected to play a crucial role in addressing forecasted gas supply shortfalls and supporting the transition to renewable energy ... more
Woodside reports successful reserves update as a result of merger with BHP

Angel CCS Joint Venture and Yara Pilbara Fertilisers to Explore CCS

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

Jemena reverses pipeline to enhance Victoria’s gas supply

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

Strike signs Walyering gas transportation agreement with APA

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

Woodside extends investment in education initiative

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

Five-well drilling program commences in Bowen Basin

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

Santos announces Barossa Aboriginal Future Fund

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

TotalEnergies acquires CEPSA’s upstream assets in Abu Dhabi

TotalEnergies has agreed to acquire CEPSA’s upstream assets in Abu Dhabi, in the United Arab Emirates with an effective date of 1 January 2023. The assets to be acquired inlcude a 20 per cent participating interest in the Satah Al Razboot (SARB), Umm Lulu, Bin Nasher and Al Bateel (SARB and Umm Lulu) offshore concession. The SARB and Umm Lulu concession includes two major offshore fields. ADNOC holds a 60 per cent interest in this concession, alongside OMV (20%). The concession is operated by ADNOC Offshore. The deal also inlcudes a 12.88 per cent indirect interest in the Mubarraz concession held by Abu... more
Spain

bp launches plans for low-carbon green hydrogen cluster in Spain

bp has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. The public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery. HyVal is expected to play an instrumental role in decarbonising the operations of bp’s Castellón refinery. Its transformation - including green hydrogen, biofuels and renewable energy - could see bp invest a total of up to 2 billion Euro in Castellón by 2030. Green hydrogen – generated by the electroly... more
GTA

bp and partners progress concept for GTA Phase 2

bp and partners have confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project in West Africa that they will take forward to the next stage of evaluation. The partnership – composed of bp, PETROSEN, Société Mauritanienne des Hydrocarbures (SMH) and Kosmos Energy – will evaluate a gravity-based structure (GBS) as the basis for the GTA Phase 2 expansion project (GTA2) with total capacity of between 2.5 to 3 million tonnes per annum. GBS LNG developments have a static connection to the seabed with the structure providing LN... more
Bahamas

Equinor sells its oil terminal at the Bahamas

Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas. The terminal was purchased by Equinor in 2009 to enable the company to trade oil primarily originating from the American markets. Alex Grant, Equinor’s senior vice president for Crude, Products and Liquids said since the purchase of the South Riding Point terminal in 2009, the flow in the oil market in North America has changed significantly for Equinor and the company has increasingly sold crude to other regions globally. “Consequently, we believ... more

Brookside Energy achieves production from US onshore well

Brookside Energy Limited (ASX:BRK) has established commercial production and sales from its Wolf Pack Well during flow-back operations in the United States’ Anadarko Basin. Early rates are very encouraging according to Brookside, with the well producing into the company’s permanent production facilities which are now fully operational. Material volumes of oil and gas have already been sold, with sales being established from the well in a record three months from the spud date. Oil is being trucked to a nearby pipeline terminal and gas is being transported via pipeline to an Enerfin gas processing... more
Vito

Production starts at Vito facility in US Gulf of Mexico

Production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design. The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Equinor (36.89%). In 2015, the original host design was rescoped and simplified, resulting in a reduction of approximately 80 per cent in CO2 emissions over the lifetime of the facility as well as a cost reduction of more than 70 per cen... more

Lion Energy achieves strong gas flow from clean-up at Lofin well

Lion Energy Limited (ASX:LIO) has achieved strong gas flow from clean-up on its Lofin gas discovery test. Lofin, in Indonesia, is part of the Seram (Non-Bula) production sharing contract, in which Lion has a 2.5 per cent participating interest. Well re-entry was successfully achieved, with gas rates up to 14.8 million standard cubic feed per day (mmscfd) on an 80/64" choke, the maximum choke size during this well clean-up phase of the testing program. The water leg was successfully isolated during the re-entry process by setting a cement plug. The original Lofin 2 well in 2015 indicated a large r... more