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
  • Azule Energy and Rhino Resources partner in offshore Namibian block
    10 May, 2024
  • Oil production starts at Eldfisk North Project in the North Sea
    08 May, 2024
  • Technical issue with gas compressor to delay Tyra II commissioning
    08 May, 2024

Origin farms into prospective Canning Basin permits

Origin Energy Limited has announced a farm-in with Buru Energy for seven permits covering approximately 20,000 square kilometres in Western Australia’s prospective Canning Basin. Under the agreements, Origin secures a 50 per cent equity share in five permits with Buru Energy, and a 40 per cent equity share in two permits with Buru and Rey Resources in exchange for carrying $12.3 million of their share of work program costs. The total estimated spend by Origin over a two-year period is expected to be roughly $35 million inclusive of a two-well drilling program and seismic work. Origin also has continge... more

NWS project participants execute gas processing agreements

The North West Shelf (NWS) Project participants have executed fully-termed gas processing agreements (GPAs) for processing third-party gas through the NWS Project facilities with Woodside Burrup Pty Ltd, in respect of gas from the Pluto fields, and with subsidiaries of Mitsui & Co Ltd and Beach Energy Limited, in respect of the Waitsia Gas Project Stage 2. Woodside states that the execution of the GPAs is a key milestone in the transformation of the Karratha Gas Plant (KGP) into a third-party gas tolling facility and secures gas to fill emerging processing capacity. Both GPAs are subject to conditions ... more

APA announces first hybrid energy microgrid investment

APA Group has announced a two-phase power expansion agreement with Gruyere Gold Mine in Western Australia, which will increase total installed capacity by 45 per cent from 45 megawatts (MW) to 64MW. The agreement includes the creation of the Gruyere Hybrid Energy Microgrid (Gruyere Microgrid) - APA’s first hybrid energy microgrid investment. Total capital expenditure for all expansion works will be approximately $38 million [1]. In the first phase of works, APA will expand the Gruyere Power Station with the installation of a 12th reciprocating gas-fired engine. Work is currently underway on this expansio... more

Santos and Mitsubishi agree on Barossa LNG supply

Santos has signed a binding long-term liquefied natural gas (LNG) Supply and Purchase Agreement (SPA) with Diamond Gas International Pte Ltd (DGI), a wholly-owned subsidiary of Mitsubishi Corporation, for the supply of LNG from the Barossa project. The Barossa gas field, 300 kilometres north of Darwin, sits within Santos’ Northern Australia portfolio and is one of the company’s core long-life, natural gas assets. The Barossa development concept includes a floating production storage and offloading facility, six subsea production wells to be drilled in the initial phase, subsea production system, as wel... more

Agreement executed for long term gas supply

Blue Energy Limited has executed a non-binding Heads of Agreement (HOA) with EnergyAustralia for the supply of 100 petajoules (PJ) of gas at Wallumbilla over 10 years from Blue Energy’s Northern Bowen Basin ATP814 coal seam gas tenure. It is the first such agreement that will allow North Bowen Basin gas to be delivered into the main East Coast domestic market to the south from Moranbah. It is a foundation volume that will contribute to the underpinning of the proposed gas pipeline from the North Bowen Basin into the Wallumbilla 'Hub', and for the development of Blue Energy’s Bowen tenements. Blue En... more

INPEX FIFO workforce to live permanently in WA by 2023

Premier of Western Australia, Mark McGowan, has welcomed a decision by INPEX to transition its interstate fly-in, fly-out (FIFO) workforce to a Western Australian based model. The company announced that all employees working on INPEX's offshore Ichthys LNG facility, located approximately 220 kilometres offshore of Western Australia, will have to live in Western Australia by the end of 2023. The decision comes after repeated calls from the State Government for Eastern States-based FIFO workers to relocate to Western Australia. “I would like to commend INPEX on their decision to transition their interst... more

AIE and Jemena sign critical gas pipeline deal

Australian Industrial Energy Pty Ltd (AIE) has signed a memorandum of understanding (MOU) with energy infrastructure company, Jemena, to connect the $250 million Port Kembla Gas Terminal (PKGT) with the Eastern Gas Pipeline (EGP), with the project on track to supply more than 75 per cent of NSW’s gas needs by the end of 2022. As part of the MOU, Jemena intends to construct a 12-kilometre underground pipeline capable of transferring gas from the PKGT directly into the EGP – the major natural gas arterial between Victoria and NSW. As part of the MOU, Jemena plans to invest over $70 million to build the c... more
Well operations begin at Hickory-1 well

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 for Ruwais LNG project

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
Orange Basin

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

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
Indonesian Energy Minister approves gas prices and allocation for Mako project

Indonesian Energy Minister approval a crucial step for Mako project

The Indonesian Minister of Energy and Natural Resources Arifin Tasrif has approved the gas price and volume allocation for Conrad Asia Energy’s Mako field project within the Duyung Production Sharing Contract (PSC), marking a significant milestone in the project’s development and the country’s energy sector. This approval, conveyed through an Allocation Letter from the Indonesian Minister of Mining and Natural Resources, sets the stage for Conrad to finalise fully-termed gas sales agreements (GSA). It signifies a crucial step forward in the commercialisation of the Mako gas field, located in the prol... more
Trion project receives social impact assessment approval

Trion project receives Social Impact Assessment approval

The Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy. Located in the Gulf of Mexico at a water depth of 2,500 metres, approximately 180 kilometres off the Mexican coastline, Trion is a greenfield development that would represent the first oil production from Mexico’s deep water. Trion is being developed by Woodside Energy in a joint venture with PEMEX and its first oil production is targeted for 2028. Submitted in May 2023, the Social Impact Assessment provides a comprehensive assessment of the project and outlines how Woodside will ... more
Wood works with INPEX on decarbonisation projects

INPEX progresses global decarbonisation projects

INPEX continues to advance decarbonisation initiatives around the world, with a focus on carbon capture, ammonia and hydrogen.  Following last year's award of the Tokyo metropolitan area carbon capture and storage (CCS) project, along with joint venture partners Nippon Steel and Kanto Natural Gas Development, a contract has been awarded to Wood to deliver concept design services for the project's transportation network. The pre-front end engineering design (FEED) scope will focus on a network of onshore and offshore pipelines that will gather CO2 from emissions-heavy steel and power plants in the Tokyo Me... more