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
    13 May, 2024
  • Oil production starts at Argos platform in the Gulf of Mexico
    14 Apr, 2023
  • Woodside driving forward renewable hydrogen in Tasmania
    12 Nov, 2021
  • Equinor signs contracts for Northern Lights project
    21 Oct, 2020
Tamboran progresses key pipeline agreements with APA Group

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

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
New LNG production at Port Hedland

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
Galilee Energy welcomes progress on Glenaras gas project

Galilee Energy welcomes progress on Glenaras Gas Project

Galilee Energy has welcomed the Central West Queensland Remote Area Planning and Development (RAPAD) and VisIR partnership which will progress the proposed 930-kilometre electricity transmission line from Hughenden to Bileola. The RAPAD Board, the Barcaldine Regional Council (BRC) and VisIR have formalised plans for the RAPAD Power Grid development with a Memorandum of Understanding (MoU). The RAPAD Power Grid will comprise of 5.2GW of HVDC transmission technology, and approximately 4,200 megawatts of solar generation. The initiative is part of the state government’s Queensland Energy and Jobs Plan (Q... more
### QPME proud of growth and safety achievements at Moranbah Project

QPME prioritises growth and safety at Moranbah Project

In the three months since assuming operatorship of the Moranbah Project, QPM Energy (QPME) has focused on maintaining safe and stable operations while implementing a series of production optimisation and improvement initiatives. The energy company has attributed the successful transition of operations to the establishment of an organised management and operating team, as well as the implementation of correct gas field operating practices. These have ensured zero lost time injuries and have improved field performance too. QPME has also increased its production from 22.9 TJ per day to approximately 27TJ p... more
Santos delays FID for Narrabri gas project until 2025

Santos delays FID for Narrabri gas project until 2025

Santos has announced in its latest ASX investor update that a final investment decision (FID) on its Narrabri gas project will not take place until 2025. This comes after the Australian federal government recently announced it will reassess the company’s Hunter Gas Pipeline under Commonwealth environmental laws. The project decision will remain open until 8 December 2023. Santos’s FID delay also follows after the New South Wales government’s cancellation of the Narrabri Special Activation Precinct (SAP), after consideration of the 2023 NSW Government’s Strategic Infrastructure Review. The purpo... more
Mobil continues investing in its Melbourne terminal

Mobil continues investing in its Melbourne terminal

A subsidiary of ExxonMobil Australia — Mobil Oil Australia — is investing in additional fuel storage infrastructure at its Melbourne terminal, as it hopes to support Australia’s fuel security and cement the company’s role as a critical supplier of fuel for Victoria and the east coast. The investment will bolster the 100 million litres of storage which the company added to its Melbourne terminal in June 2023. Mobil Australia Sales Manager Andrew McNaught said: “Mobil continues to invest in strengthening our Australian fuel supply chain and maintaining the safe and reliable delivery of fuel where a... more
P’nyang

Milestone gas agreement executed for P’nyang Project in PNG

Santos has joined the Papua New Guinea Government and P’nyang project participants (affiliates of ExxonMobil and JX Nippon) to execute a gas agreement that provides a clear framework for P’nyang’s future development. The signing of the gas agreement marks a major milestone for the project, setting out the fiscal framework and supporting project scoping and evaluation. Subject to a final investment decision by the P’nyang participants, the ExxonMobil-operated P’nyang project would deliver LNG through new upstream facilities in Western Province linked to existing infrastructure, including Santos’... more
Hammerfest

Equinor revises start-up date for Hammerfest LNG plant

Due to continuing consequences from Covid-19 and operational restrictions, Equinor has advised the time of start-up of the Hammerfest LNG plant in Norway is pushed from 31 March 2022 to 17 May 2022. The previous estimate for the start-up date was given with uncertainty particularly related to the development of the Covid-19 pandemic. “We work systematically to deliver on the plan we established, but challenges related to Covid-19 restrictions require that we need more time to prepare the plant for safe and stable start-up and operations,” says Grete B. Haaland, senior vice president for Equinor's onsho... more
Martin Linge

Equinor’s Martin Linge Field in Norway officially opened

Equinor’s Martin Linge field has been officially opened offshore Norway’s coast. The gas will be transported through a new pipeline connecting the field to the existing pipeline going to St. Fergus, Scotland. The plan for development and operation of Martin Linge was submitted to the authorities in January 2012 and approved by the Norwegian parliament in June the same year. Martin Linge came on stream on 30 June 30 2021. Since the field came on stream, it has had good operational performance. Along with high oil and gas prices, the investments in the field are expected to be recovered in full during 20... more

Woodside and Commonwealth LNG sign HOA for LNG supply

Woodside Energy Trading Singapore Pte Ltd has signed a heads of agreement (HOA) with Commonwealth LNG to negotiate a sale and purchase agreement for the supply of LNG from the proposed Commonwealth LNG development in Louisiana, USA. The HOA contemplates the purchase by Woodside of two million tonnes per annum of LNG over a period of 20 years, scheduled to begin in quarter two 2026. Woodside’s offtake obligation can be reduced or even eliminated as Commonwealth achieves increasing thresholds of offtake commitments from other buyers. Woodside would also have an option to purchase an additional 0.5 mil... more

Woodside commences front-end engineering design activities for US hydrogen project

Australian energy producer Woodside has started front-end engineering design (FEED) activities on a hydrogen project for the first time, awarding a contract in late December for FEED engineering servies to Kellogg, Brown & Root LLC for its proposed H2OK project in Oklahoma, USA. H2OK is a liquid hydrogen production facility proposed for the Westport Industrial Park in Ardmore, with phase one involving construction of an initial 290-megawatt facility that can produce up to 90 tonnes a day of liquid hydrogen through electrolysis. The facility will target the heavy transport sector and its location offers th... more

Woodside expands hydrogen portfolio to the US

Australian energy producer Woodside plans to expand its portfolio of hydrogen production opportunities to the US, securing land in Oklahoma for future development of a modular hydrogen facility and entering a memorandum of understanding (MoU) with Hyzon Motors. The company has secured a lease and option to purchase 94 acres of vacant land in Ardmore, Oklahoma, to underpin future development of its proposed H2OK project, as well as progressing similar land acquisition opportunities aligned to growth markets in the US. Subject to approvals and customer demand, the H2OK concept involves construction of an ini... more
Falkland Islands

Falkland Islands exit highlights wariness for new remote oil markets

Harbour Energy’s intention to streamline its portfolio by focusing mainly on North Sea assets is noteworthy because the strategy includes the option to exit the $1.8 billion Sea Lion project in the Falkland Islands. According to GlobalData, many exploration and production (E&P) companies are putting de-risking strategies in effect due to market downturn in 2020, which is causing an issue for the Falklands Islands Government in particular, as new remote oil markets are less likely to be desirable. Effuah Alleyne, Senior Upstream Oil & Gas Analyst at GlobalData said market downturn in 2020 and de-r... more