Projects

  • 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 have secured an integrated rig services contract for covering the Khaleesi/Mormont and Samurai field... 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

  • PROJECTS

    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 L... more

  • PROJECTS

    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 ... more

  • Oceaneering wins integrated rig services contract for Gulf of Mexico development
  • Neptune and partners commence Dugong appraisal drilling
  • Qatar Petroleum awards contract for LNG storage and loading facilities
  • Sweet gas discovery spurs new potential in Baram Province

APA set to unlock Australia’s first hydrogen-ready transmission pipeline

Energy infrastructure business, 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, ... 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 meters. The discovery well BZ13-2-2 was drilled and completed at a depth of 5,223 meters, and encountered oil pay zones with a total thickness of approximately 346 meters. 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

LNG supply agreement builds momentum for Woodside FID

Woodside Energy Trading Singapore Pte Ltd has entered into a sale and purchase agreement (SPA) with RWE Supply & Trading GmbH (RWE) for the supply of liquified natural gas (LNG) from Woodside’s global portfolio for a term of seven years commencing in 2025. The quantity of LNG to be supplied under the SPA is approximately 0.84 million tonnes per annum. The SPA is not subject to final investment decision (FID) on any project. The SPA builds on Woodside’s and RWE’s strong relationship developed through existing mid-term and spot business in Asia-Pacific and the Atlantic basin. Woodside Executive ... more

Carnarvon progresses with plans to drill Buffalo-10 well

Carnarvon Petroleum Limited has awarded the drilling management services contract for its Buffalo-10 well, located offshore of Timor-Leste in the Bonaparte Basin. The contract will include completion of detailed well design, procurement of long-lead items and contracting the drilling rig and associated services, including the shore base location. The objective is to drill the Buffalo-10 well in the second half of 2021. The well is targeting the crest of the proven Buffalo oil field and will be suspended as a future production well. On 17 December 2020, Carnarvon announced a binding agreement with Advance... more

Qatar Petroleum makes final decision on North Field East

Qatar Petroleum announced on Monday that it has made a final investment decision (FID) on the North Field East (NFE) Project, the world’s largest liquefied natural gas (LNG) project, which is forecast to raise Qatar’s LNG production capacity from 77 million tonnes per annum (Mtpa) to 110 Mtpa. Aside from LNG, the project will produce condensate, LPG, ethane, sulfur and helium. It is anticipated to commence production in the fourth quarter of 2025 and its total production is expected to reach approximately 1.5 million barrels of oil equivalent per day. The decision to proceed with the investment was rev... more

Equinor reports discovery near the Troll field in the North Sea

Equinor and its partners DNO Norge, Petoro and Wellesley Petroleum have struck gas and oil in production licence 923 in the North Sea. Recoverable resources are estimated at between 7 and 11 million standard cubic metres of oil equivalent, corresponding to 44 – 69 million barrels of oil equivalent. “It is inspiring to see how creativity, perseverance and new digital tools result in discoveries that form the basis for important value creation, future activity and production in accordance with Equinor’s climate ambitions,” said Nick Ashton, Equinor’s senior vice president for exploration in Norway. ... more

Melbana’s Cuba operations reach significant milestone

Melbana advises that contracts have been signed for the manufacture and supply of the steel pipe required to drill its two high impact exploration wells onshore of Cuba in its Block 9 contract area (Block 9 PSC). This is an important milestone and one that begins the countdown to testing the potential of the target prospects in Block 9. Contracts for the supply of other key items of inventory are also being finalised and expected to be signed shortly. Melbana Energy’s Executive Chairman, Andrew Purcell, said: “The ordering of long-lead items marks the beginning of a defined timeline to the commencemen... more

Eni awarded a new Production Licence in the UK North Sea

Eni has announced the successful award of a new Production Licence, resulting from an application made in the 32nd UK Offshore Licensing Round. The Licence, named P2511, covers an area of approximately 340 square kilometres and is located approximately 250 kilometres offshore of the UK in the Northern North Sea in water depths ranging from 100 to 130 metres. It is situated near the UK/Norwegian border where several significant discoveries were recently made. The Licence has an Initial Exploration Term of six years. Eni UK will assume the role of operator with a 100 per cent participating interest. T... more

Kumul Petroleum awards design and development contracts for FSRP facility

In December 2020, Kumul Petroleum Holdings Limited (KPHL), Papua New Guinea’s National Oil Company, announced the awarding of two contracts for the design development and engineering of a new Floating, Storage, Re-gasification and Power Generation (FSRP) facility. The announcement is an important step towards meeting the demand and supply requirement set out in the PNG 2030 Strategic Plan. KPHL stated that it is committed to working towards the Plan’s goal of connecting 70 per cent of the PNG population to secure electricity by 2030. It will also provide PNG’s growing heavy industries with much ne... more