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

WorleyParsons wins two new leading contracts

WorleyParsons has been awarded the Chevron contract expansion in Western Australia and haswon a new three-year contract by NOVA Chemicals, for the continued engineering on the Corunna Cracker Expansion Project (Canada).  The new three-year contract is related to the Corunna Cracker Expansion Project, which is located in Ontario, Canada. The award to WorleyParsons follows the successful completion of services to Phase 2 of the project’s development. Under the new contract, WorleyParsons is set to provide engineering, procurement, construction management and project management services, and will be executed ... more

BP increases share in key advantaged oilfield

BP has announced they are buying 16.5% in the Clair field from ConocoPhillips and selling interest in the Greater Kuparuk Area in Alaska to ConocoPhillips. The Clair field is located approximately 75 kilometres west of Shetland in Scottish territorial waters and was discovered in 1977. The Clair field west of Shetland has a complex fractured reservoir estimated to have had more than 7 billion barrels of hydrocarbons originally in place. “Clair is a key advantaged oilfield for our North Sea business, a giant resource whose second phase is about to begin production and which holds great potential for futur... more

BP’s ‘landmark’ Shah Deniz 2 Development in Azerbaijan

In partnership with Shah Deniz, BP has just announced the start-up of the new $28-billion project Shah Deniz 2, a 'landmark' new gas development in Azerbaijan, and will become the first commercial gas delivered directly to Turkey. The project is set to start on time and on-budget. Shah Deniz 2 is set to be the first subsea development in the Caspian Sea, also forming the largest subsea infrastructure operated by BP worldwide. The project forms the beginning of the Southern Gas Corridor series of pipelines, delivering natural gas to the Caspian Sea and directly to European markets for the first time. “Sha... more

Calima to Benefit from $72B Western Canadian Pipeline Infrastructure

Australian Oil and Gas company Calima Energy Limited (Calima) has undertaken a strategic review of current and near-term investments in gas pipeline capacity relevant to the Montney Formation in Western Canada.    “Calima is fast approaching the point where it will be drilling its first wells on the Calima Lands and it was therefore considered prudent to review the factors affecting the market both in terms of price and ease of access to infrastructure,” commented Calima Energy Managing Director, Alan Stein. The review identified over C$70 billion (approximately A$72 billion) of proposed infrastructure ... more

$12 Billion required to boost Nigerian LNG expansion

Hundreds of engineers are working around the clock at Nigerian Liquefied Gas (NLNG) to produce liquefied natural gas (LNG) at a new plant the size of Lower Manhattan. The company will require an investment of approximately 12 billion to fund the construction of two processing units, known in the industry as ‘trains’. NLNG want to boost Bonny Island’s terminal capacity by roughly 40 per cent, meaning an investment of over $10 billion to get to that production capacity. Oil and gas giants: Shell, Total and Eni together own a majority stake in the Bonny Island venture. NLNG is currently the largest LNG... more

Southern Gas Corridor Project to bring opportunities for Europe

The first phase of Azerbaijan’s flagship Southern Gas Corridor (SGC) project has begun, with Azerbaijan’s President, Ilham Aliyev, inaugurating the project at a  ceremony on May 29. The project has been predicted to bring additional dividends to Azerbaijan. "[The SGC] will go down in history as the most important project realized until recent time in the world's oil and gas industry. The project, which will ensure the energy security of Europe, covers many parties with different interests, including six countries and 11 companies," said European Oil and Gas expert, Bahruz Guliyev. Located in the Caspi... more

New oil discovery in the North Sea

Equinor (formerly Statoil) and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the Norwegian North Sea. The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent. Nicholas Ashton, Equinor’s senior vice president, Exploration, Norway & UK says this is a good discovery which is expected to be commercial. “In addition, the results from the drilling indicate an upside potential in this discovery,” Ashton points out. The Lille Prinsen well is located 200 kilometres west of Stavanger and north-west of the Johan S... more