Projects

  • Tamboran plans US Listing on NYSE to boost funding for Beetaloo Basin Project

    PROJECTS

    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". ... more

  • 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

  • Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding
  • 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

Solar farm to power bp service stations in New South Wales

Lightsource bp today announced that through a power purchase agreement (PPA) with Snowy Hydro, its West Wyalong solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales. Snowy Hydro owns, operates and maintains the Snowy Scheme as well as Red Energy and Lumo Energy, making it the fourth-largest energy retailer in Australia with almost one million electricity and gas customers across Victoria, New South Wales, South Australia and Queensland. The PPA will enable the construction of a 107MWdc solar farm in West Wyalong. Snowy Hydro will purchase two-thirds of the 238,... more

CleanCo and Senex sign new gas sales agreement

Queensland Government-owned electricity generation and trading company, CleanCo, has secured a new deal with Senex Energy Limited for the supply of gas to the Swanbank E gas-fired power station in 2022. The one-year agreement will see 2.55 petajoules (PJ) of natural gas supplied from Senex’s Atlas operation, 20 kilometres south-west of Wandoan, to CleanCo’s highly efficient 385 megawatt (MW) Swanbank E gas-fired power station via the Roma-Brisbane pipeline. CleanCo Queensland CEO, Dr Maia Schweizer, said the gas supplied by Senex would support CleanCo in continuing to provide customers with reliable lo... more

Pilot project to unlock Australia’s first hydrogen-ready pipeline

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, said APA is excited to be bringin... 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 metres. The discovery well BZ13-2-2 was drilled and completed at a depth of 5,223 metres, and encountered oil pay zones with a total thickness of approximately 346 metres. 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

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

Operations begin at 88 Energy’s Hickory-1 well in Alaska

Well operations have commenced at the Hickory-1 well, with well bore preparations complete and perforation of the Upper SFS zone to begin ahead of fracking and flow testing. The Hickory-1 well is located within 88 Energy’s Project Phoenix acreage, directly adjacent to the Trans-Alaska Pipeline System and the Dalton Highway. After the Upper SFS zone is tested, the company plans to test the SMD-B zone. Each zone will be independently isolated, stimulated and flowed to the surface using a nitrogen lift to assist in the efficient cleanup of the well. The entire program for each zone is expected to take... more

ADNOC awards early EPC contract for Ruwais LNG project

ADNOC has issued a Limited Notice to Proceed (LNTP) for early engineering, procurement, and construction (EPC) activities in support of a joint venture, led by Technip Energies with JGC Corporation and National Petroleum Construction Company PJSC, for its low-carbon liquefied natural gas (LNG) project in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG project, expected to reach a final investment decision (FID) this year, is set to become the first LNG export facility in the Middle East and North Africa region to run on clean power, positioning it as one of the lowest carbon intensity LNG plants in the w... more

TotalEnergies expands its presence in the Orange Basin

TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure. Following completion of the transaction, TotalEnergies will hold a 33 per cent participating interest in Block 3B/4B and assume operatorship, while QatarEnergy will hold a 24 per cent interest. The remaining interests will be held by existing licence holders, Africa Oil SA (17%), Ricocure (19.75%) and Azinam (6.25%). The transaction is subject to final... more

Conrad Asia to enhance Indonesian gas supply and infrastructure development

Asia-focused natural gas exploration and production company — Conrad Asia Energy — has announced a strategic partnership with PT Perusahaan Gas Negara Tbk (PGN) — the gas subsidiary of Indonesia's national oil company, PT Pertamina (Persero). The collaboration has been formalised through a Memorandum of Understanding (MoU) aimed at enhancing the gas supply and infrastructure development in Indonesia. Under the terms of the MoU, Conrad and PGN have agreed to jointly explore and develop the gas resources from Conrad's two offshore Aceh Production Sharing Contracts (PSCs). These PSCs, known as Offsho... more