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
  • Oil production starts at Argos platform in the Gulf of Mexico
  • Woodside driving forward renewable hydrogen in Tasmania
  • Equinor signs contracts for Northern Lights project

NSW petroleum PEP-11 permit kept alive despite opposition

The Federal Government has decided to block debate of the Stopping PEP-11 Bill despite opposition to the project from Prime Minister Scott Morrison and a group of Liberal MPs. PEP-11, or Petroleum Exploration Permit 11, is a 4,576-square-kilometre lease operated by Advent Energy to drill for oil and gas just off the coast from Manly to Newcastle in New South Wales. If approved, it would be the first lease of its kind in NSW, industrialising the coastline and in some parts coming within six kilometres of the shoreline. Surfrider Foundation Australia national campaign director Damien Cole, who is organis... more

Woodside to construct hydrogen production facility in Perth

Woodside, with the support of the Western Australian state government, is planning to establish a world-scale hydrogen and ammonia production facility at a site in southern metropolitan Perth. The proposed H2Perth project will be built on 130 hectares of vacant industrial land leased from the state in the Kwinana strategic industrial area and Rockingham industry zone. The project aims to produce low cost, low carbon hydrogen-based energy for customers; stimulate and enable increased renewable power generation in WA; and support state government priorities for strategic industry creation and local manufact... more

Hybrid micro-grid helps Santos decarbonise 

A hybrid micro-grid that will power 13 oil pump loads in South Australia’s Cooper Basin has been completed. In partnership with Santos, AGL has installed the micro-grid which utilises solar, battery storage, generators and a monitoring and control system designed to respond to dynamic changes and power requirements. AGL Chief Customer Officer, Christine Corbett said the micro-grid will help Santos to shift to sustainable and reliable energy sources, improving both the commercial performance and overall environmental impact of its oil wells included in the project. “Santos was seeking an energy solut... more

Snowy Hydro orders gas turbines for Hunter Power project in NSW

The two M701F gas turbines and related auxiliary equipment will be delivered by Mitsubishi Power Australia, a power solutions division of Mitsubishi Heavy Industries Ltd. Built by Snowy Hydro Limited in New South Wales’ Hunter Valley and scheduled for commercial operations in 2023, the power plant aims to meet the anticipated shortage of power supply in Australia. The project is part of an effort to secure an alternative cleaner power supply following the scheduled shutdown of a large-scale coal-fired power in Australia and ensures security and stability in supporting the volatility that can arise from ... more

Stage 2 of the Mid-West’s Waitsia project commences

Mitsui E&P Australia (MEPAU) and Joint Venture partner Beach Energy have celebrated the official launch of the construction of the Waitsia Gas Project Stage 2 in Western Australia, by turning the first soil at the site. Waitsia Stage 2 unlocks the economic potential of the Mid West and will create opportunities for the local community and local businesses. Clough was awarded the Engineering, Procurement and Construction (EPC) scope for the project at the start of 2021, while the bulk earthworks scope was recently awarded to Garla Barna Civil & Mining (GBCM), a local Mid West Indigenous business. Th... more

Queensland bioproducts pilot plant commences operations

New technology is bringing Queensland one step closer to a $1 billion sustainable, export-oriented industrial biotechnology and bioproducts sector. Mercurius has finalised commissioning and is about to commence operations at its pilot plant that will produce valuable renewable chemicals, diesel and jet fuel from sugarcane waste. The plant will be fully operational at the Queensland University of Technology’s Biocommodities Facility in Mackay over a three-month period. If the operations are successful Mercurius will also prepare studies for another demo facility to be based in regional Queensland. Merc... more

Brookfield reportedly abandons plans for Scarborough development

The Canadian infrastructure and investment giant, Brookfield, has reportedly abandoned its plans to invest in Woodside’s Scarborough gas development on Western Australia’s Burrup Peninsula. According to the Australian Financial Review, Brookfield – which was recently reported to be first in line for a 49 per cent stake in the development – has pulled out of the race, telling its funding banks to ‘stand down’ from an expected multi-billion-dollar bid. Woodside’s Scarborough project has been widely criticised for the 6.1 billion tonnes of Co2 emissions it will release over the next 25 years –... 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

Woodside completes 10 per cent sale to LNG Japan

Woodside has finalised the sale of a 10 per cent non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan). This sale — which was part of Woodside’s strategic relationship with LNG Japan, announced on 8 August 2023 — includes equity in the Scarborough Joint Venture, potential LNG offtake, and collaboration on new energy opportunities. The sale proceeds for Woodside amount to US$910 million and comprises the purchase price, reimbursed expenditure, and escalation. Woodside CEO Meg O’Neill expressed satisfaction with the sale's completion, noting LN... more

Kinetiko identifies gas-rich zones in South African ER270 Project

Kinetiko Energy Ltd is working on an energy transition initiative for South Africa, focusing on commercialising advanced shallow conventional gas projects, such as ER270, located in the Mpumalanga Province. Kinetiko CEO Nick de Blocq said: “Following an incredibly successful exploration program in 2023 the company spudded the first borehole of the year at 270-08C, slightly north of the town of Memel. “I am delighted to report that early indications from observations of gassy core samples show a huge gassy interval at depth. Coring is currently deeper than 600 metres with terminal depth (TD) expected ar... more