Projects

  • 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

  • QPME commences operation of Moranbah Project

    PROJECTS

    QPM announces strategic realignment for energy growth

    Queensland Pacific Metals Ltd (ASX:QPM), a key player in sustainable mining and energy solutions, has announced a strategic realignment to expedite the growth of its gas and energy assets. This shift, aimed ... more

  • TotalEnergies and Oman advance Marsa LNG project

    PROJECTS

    TotalEnergies and Oman advance Marsa LNG project

    TotalEnergies has taken a monumental step towards sustainable energy collaboration with the Sultanate of Oman, solidifying their long-standing partnership. During a high-profile visit to Muscat on 21 April 2... more

  • Tamboran signs major gas supply agreement with NT government
    24 Apr, 2024
  • TotalEnergies to strengthen gas portfolio in Malaysia
    24 Apr, 2024
  • QPM announces strategic realignment for energy growth
    24 Apr, 2024
  • TotalEnergies and Oman advance Marsa LNG project
    23 Apr, 2024
QPME commences operation of Moranbah Project

QPM announces strategic realignment for energy growth

Queensland Pacific Metals Ltd (ASX:QPM), a key player in sustainable mining and energy solutions, has announced a strategic realignment to expedite the growth of its gas and energy assets. This shift, aimed at enhancing shareholder value and addressing the urgent energy needs in Eastern Australia, will focus on expanding and enhancing the Moranbah Gas Project (MGP). The decision to prioritise the MGP follows a comprehensive portfolio review and market analysis. The project is expected to play a crucial role in addressing forecasted gas supply shortfalls and supporting the transition to renewable energy ... more
Woodside reports successful reserves update as a result of merger with BHP

Angel CCS Joint Venture and Yara Pilbara Fertilisers to Explore CCS

The Angel CCS Joint Venture has joined forces with Yara Pilbara Fertilisers Pty Ltd (Yara Pilbara) to investigate the feasibility of employing carbon capture and storage (CCS) to decarbonise Yara Pilbara’s existing operations near Karratha, Western Australia. The proposed large-scale, multi-user CCS hub, operated by Woodside Energy, aims to assist Australian and international industries in their decarbonisation efforts. Yara Pilbara has signed a non-binding Memorandum of Understanding (MOU) with the Angel CCS Joint Venture to explore the potential of CCS in reducing emissions from their operations in the... more
Jemena to reverse Eastern Gas Pipeline, enhancing gas supply to Victoria

Jemena reverses pipeline to enhance Victoria’s gas supply

Energy infrastructure company, Jemena, is planning to reverse the 797-kilometre Eastern Gas Pipeline (EGP) — potentially sending up to 300 TJ/d of gas south from New South Wales into Victoria. The EGP, commissioned in 2000, traditionally brought gas from Bass Strait to the New South Wales and Sydney market, supplying over 70 per cent of gas across New South Wales at times. The reversal project aims to make the EGP bi-directional, allowing it to deliver 200TJ/d south from Port Kembla Energy Terminal (PKET) — owned by Squadron Energy — by Winter 2026. With PKET over 90 per cent complete, it is Austr... more
Strike signs GTA with APA

Strike signs Walyering gas transportation agreement with APA

Strike has signed a two-year gas transportation agreement (GTA) with APA Group Pty Ltd, enabling the delivery of 10 TJ/d into the Dampier to Bunbury Natural Gas Pipeline (DBNGP) from the Walyering gas processing facility. This will be facilitated through a new inter-pipeline connection at Mondarra, currently under construction and commissioned by APA. This infrastructure is expected to be operational by late 2024. This agreement provides Strike access to the significantly larger and more active market connected to the DBNGP, where approximately 95 per cent of daily gas in Western Australia is sold and cons... more
Woodside extends investment in education initiative

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

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 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

Equinor and partners prepare for shutdown of the Veslefrikk field

After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor has advised that the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has already commenced. The field was discovered in 1981, and when it came on stream in 1989, Veslefrikk’s development concept, as a first on the Norwegian continental shelf, comprised a floating production unit. The partnership has invested some NOK 20 billion (approximately AU$3 billion) in Veslefrikk, and the field’s productive life has been extended several times. When the plan for... more

Equinor’s methanol factory in Norway restarts production

Equinor has confirmed that the methanol plant at Tjeldbergodden in Norway is now back in production following its decommissioning due to a fire that occurred in December 2020. The company advised that safe start-up preparations have gone according to plan and the facility is now supplying methanol to the market. The air gas factory and methanol plant were shut down as a result of a fire which broke out in the compressor building in the methanol factory area. No personal injuries occurred in the fire. Lena Skogly, plant manager at Tjeldbergodden, said their number one priority has been safe and secure start... more

LNG supply agreement builds momentum for Woodside FID

Woodside Energy Trading Singapore Pte Ltd has entered into a sale and purchase agreement (SPA) with RWE Supply & Trading GmbH (RWE) for the supply of liquified natural gas (LNG) from Woodside’s global portfolio for a term of seven years commencing in 2025. The quantity of LNG to be supplied under the SPA is approximately 0.84 million tonnes per annum. The SPA is not subject to final investment decision (FID) on any project. The SPA builds on Woodside’s and RWE’s strong relationship developed through existing mid-term and spot business in Asia-Pacific and the Atlantic basin. Woodside Executive ... more

Carnarvon progresses with plans to drill Buffalo-10 well

Carnarvon Petroleum Limited has awarded the drilling management services contract for its Buffalo-10 well, located offshore of Timor-Leste in the Bonaparte Basin. The contract will include completion of detailed well design, procurement of long-lead items and contracting the drilling rig and associated services, including the shore base location. The objective is to drill the Buffalo-10 well in the second half of 2021. The well is targeting the crest of the proven Buffalo oil field and will be suspended as a future production well. On 17 December 2020, Carnarvon announced a binding agreement with Advance... more

Qatar Petroleum makes final decision on North Field East

Qatar Petroleum announced on Monday that it has made a final investment decision (FID) on the North Field East (NFE) Project, the world’s largest liquefied natural gas (LNG) project, which is forecast to raise Qatar’s LNG production capacity from 77 million tonnes per annum (Mtpa) to 110 Mtpa. Aside from LNG, the project will produce condensate, LPG, ethane, sulfur and helium. It is anticipated to commence production in the fourth quarter of 2025 and its total production is expected to reach approximately 1.5 million barrels of oil equivalent per day. The decision to proceed with the investment was rev... more

Equinor reports discovery near the Troll field in the North Sea

Equinor and its partners DNO Norge, Petoro and Wellesley Petroleum have struck gas and oil in production licence 923 in the North Sea. Recoverable resources are estimated at between 7 and 11 million standard cubic metres of oil equivalent, corresponding to 44 – 69 million barrels of oil equivalent. “It is inspiring to see how creativity, perseverance and new digital tools result in discoveries that form the basis for important value creation, future activity and production in accordance with Equinor’s climate ambitions,” said Nick Ashton, Equinor’s senior vice president for exploration in Norway. ... more

Melbana’s Cuba operations reach significant milestone

Melbana advises that contracts have been signed for the manufacture and supply of the steel pipe required to drill its two high impact exploration wells onshore of Cuba in its Block 9 contract area (Block 9 PSC). This is an important milestone and one that begins the countdown to testing the potential of the target prospects in Block 9. Contracts for the supply of other key items of inventory are also being finalised and expected to be signed shortly. Melbana Energy’s Executive Chairman, Andrew Purcell, said: “The ordering of long-lead items marks the beginning of a defined timeline to the commencemen... more