Projects

  • 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

  • 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

  • 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
  • TotalEnergies to strengthen gas portfolio in Malaysia

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

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 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

Santos’s $5.8 billion Barossa gas pipeline project proceeds after court win

The Australian Federal Court has ruled in favour of Santos in the case of Munkara v Santos NA Barossa Pty Ltd — dismissing the application and discharging the injunction that prevented pipelay activities south of the kilometre 86 (KP86) point along the Barossa Gas Export Pipeline. As per the ruling and in accordance with the project’s Environmental Plan, Santos will continue its pipelaying activity for the Barossa Gas Project. Organisations such as the Australian Resources & Energy Employer Association (AREEA) and the Australian Energy Producers have issued statements of support for this decision. ... more

Tamboran progresses key pipeline agreements with APA Group

Tamboran Resources have entered into three formal and binding agreements with APA Group to support the development of Tamboran’s Beetaloo Basin assets. This includes: an Early Development Agreement relating to the development of the ~35-kilometre Sturt Plateau Pipeline (SPP) that is planned to connect the proposed 40 million cubic feet per day (MMcf/d) Sturt Plateau Compression Facility (SPCF) to the Amadeus Gas Pipeline (AGP) and, subject to achieving project milestones and executing further agreements, is targeting an online date as early as H2 2025 an Early Development Agreement for development o... more

Pilot enters binding agreements to raise $3.5 million

A syndicate of sophisticated investors has agreed to inject $3.5 million into Pilot Energy (ASX:PGY) to progress the company’s flagship Mid West Clean Energy Project (MWCEP) in Western Australia. The syndicate is being led by Greg Columbus, a director of Discovery Investments Pty Ltd and current Non-executive Chairman of Talon Energy. This is the second time this investor syndicate led by Columbus has participated in the issue of convertible notes in 2023. The six binding convertible notes will be issued in two tranches. The first five notes will be issued to members of the investor syndicate and will ... more

Plans released for new Port Hedland LNG plant in WA

Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia. The project will provide an Australian LNG fuel supply capability through a new facility for the conversion of pipeline natural gas to LNG, responding to market demand for cleaner marine bunker fuel for dry-bulk iron ore carriers operating ‘round-trip’ voyages between the Pilbara and Asia. Market studies show increasing worldwide adoption of LNG as a marine fuel, with supply availability one of the key drivers. The base-case plant c... more

Santos announces Pikka FID and net-zero project plans

Santos, as operator of the Pikka Unit joint venture, has made a final investment decision (FID) to proceed with the US$2.6 billion gross (US$1.3 billion Santos-share) Pikka Phase 1 oil project located on the North Slope of Alaska. Pikka Phase 1 is expected to produce 80,000 barrels a day of oil gross with first oil anticipated in 2026. The project has strong fundamentals, is located in a world-class oil producing province with significant existing infrastructure, has low unabated emissions intensity and is supported by key stakeholders, including the State of Alaska, the North Slope Borough, the landowner ... more

Equinor’s H2H Saltend one of the first large-scale hydrogen projects in the UK

Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been successfully progressed through Phase-2 of the UK Government’s cluster sequencing process. The selected projects will now proceed to the due diligence stage of the Phase-2 cluster sequencing process to allow them to connect to the East Coast Cluster’s CO2 infrastructure and be operational in the mid-2020s. Previously in Phase-1 of the cluster sequencing process, the East Coast Cluster, which connects the Humber and Teesside via CO2 transport and storage infrastructure, was selected to become one of the first two ‘CCUS c... more

ADNOC makes this year’s second gas discovery in Abu Dhabi

Abu Dhabi National Oil Company (ADNOC) has made a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni. The discovery from a new deeper reservoir indicates between 1 – 1.5 trillion standard cubic feet (TSCF) of raw gas in place, almost doubling the discovered field volume. This significant find builds on the initial finding in February 2022 from a shallower target, taking the total amount of gas in place from this single well to 2.5 - 3.5 TSCF. A consortium, led by Eni and PTT Exploration and Production Publi... more

TotalEnergies starts production from the Ikike Field

TotalEnergies, in partnership with the Nigerian National Petroleum Corporation, has started production from the Ikike field in Nigeria. Located 20 kilometres off the coast, at a depth of about 20 metres, the Ikike platform is tied back to the existing Amenam offshore facilities through a 14-kilometre multiphase pipeline. It will deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022. The Ikike project leverages existing facilities to keep costs low, and is designed to minimise greenhouse gas emissions: estimated at less than 4kg CO2e/boe, they will contribute to reducing the... more

Shell invests in the Jackdaw gas field in the UK North Sea

BG International Limited, an affiliate of Shell U.K. Limited, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year. Jackdaw will comprise a wellhead platform that is not permanently attended, along with subsea infrastructure which will tie back to Shell’s existing Shearwater gas hub. The project is expected to come online in the mid-2020s, and at peak production rates, could represent over 6 per cent of projected UK North Sea gas production in the middle of this decade, with operational emissions of less than 1... more

New milestone reached on Papua LNG Development

TotalEnergies has announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, and the objective is to launch the integrated FEED in the fourth quarter of 2022. The project is targeting a final investment decision (FID) around the end of 2023, and a start-up at the end of 2027. Julien Pouget, Senior Vice President Asia Pacific for Exploration & Productio... more

Equinor restarts Peregrino field production in Brazil

Production in the Peregrino field in Brazil resumed on 16 July, and Equinor is now aiming to ramp up production and reduce emissions intensity. Peregrino production was suspended in April 2020. Since then, Equinor has executed a major programme of maintenance, upgrades and repairs on the Floating Production Storage and Offloading (FPSO) vessel and has installed a new platform. Together, these investments have allowed production to safely restart, to increase the overall capacity of the field and to improve the carbon emissions intensity. “Our top priority is the safety of our people and our operations... more