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
    03 May, 2024
  • QPM announces 38 per cent increase in Moranbah Project reserves
    03 May, 2024
  • Tamboran signs major gas supply agreement with NT government
    24 Apr, 2024
  • TotalEnergies to strengthen gas portfolio in Malaysia
    24 Apr, 2024
QPM launches drilling operations for Teviot Brook South wells

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 company's ongoing production growth strategy and signifies a significant development in its commitment to enhancing output capabilities. The Teviot Brook South Well Program involves the installation of seven new Surface to Inseam (SIS) well pairs. Each pair comprises a vertical production well linked with a lateral well drilled within the Goonyella Middle Seam. The innovative drilling plan aims to... more
QPM announces 38 per cent increase in Moranbah Project Reserves

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 certified reserve update, completed by Netherland, Sewell & Associates Inc. (NSAI), indicates a significant growth in the project's potential. The Moranbah Gas Project's reserves are located within QPM’s portfolio of 100 per cent owned Petroleum Leases, connected to gas gathering and processing infrastructure. This increase in reserves positions QPM to expand its energy business and supply Easter... more
Tamboran signs major gas supply agreement with NT government

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 proposed Shenandoah South Pilot Project. This agreement, with an initial term of nine years starting in H1 2026 and an option for a further six-and-a-half years, represents approximately two-thirds of the Northern Territory's current gas requirements. The gas will be supplied on a take-or-pay basis at a market-competitive price, escalating at 100 per cent of the Consumer Price Index (CPI). This commi... more
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
LNG storage tanks

Construction starts on Taiwan’s largest LNG storage tanks

Taiwan’s largest LNG storage tanks project has broken ground with the commencement of the construction of the CPC Taichung Phase III LNG import terminal in Taichung. To meet increasing demand for natural gas and to enhance the stability of natural gas supplies in Taiwan, CPC is expanding its facility to include two full containment tanks and associated regasification facilities. CPC is leading the way for Taiwan in meeting the country’s clean energy aspirations by rapidly expanding the country’s LNG import terminals to support the move from coal to natural gas as their primary transitional source of ... more
Hywind Tampen

Equinor’s Hywind Tampen wind turbine installation delayed

The seven first turbines at Equinor's 88 MW floating wind power project, the Hywind Tampen, will come on stream this year as planned. The final four will be installed next spring. Supply chain bottlenecks, most notably related to the global market for steel, has delayed delivery of the final four tower sections for the wind turbines until September 2022. This will be too late in relation to the installation weather window for the year, postponing installation of the remaining four turbines until next year. “Seven turbines have been assembled and four are now installed on the field. The plan is to start ... more
hydrogen plant

Shell to start building Europe’s largest renewable hydrogen plant

Shell Nederland B.V. and Shell Overseas Investments B.V., subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. The 200MW electrolyser will be constructed on the Tweede Maasvlakte in the port of Rotterdam and will produce up to 60,000 kilograms of renewable hydrogen per day. The renewable power for the electrolyser will come from the offshore wind farm Hollandse Kust (noord), which is partly owned by Shell. The renewable hydrogen produced will supply the Shell Energy and Chemica... more
Gulf of Mexico

Equinor transfers operatorship for Gulf of Mexico field to Shell

Equinor has agreed to sell 51 per cent of its interest in the North Platte deep water development project in the US Gulf of Mexico to Shell. Equinor will retain 49 per cent interest in the project, and Shell will become the new operator of the field. To reflect this change, Equinor and Shell have agreed to rename the North Platte development to the Sparta development. Sparta straddles four blocks of the Garden Banks area, 275 kilometres off the coast of Louisiana in approximately 1,300 metres of water depth. Front-end engineering and design (FEED) has been matured for the project. Equinor and Shell will no... more
Fluxys

Equinor and Fluxys launch decarbonisation solution in Europe

Fluxys and Equinor have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to storage sites in the North Sea, connecting Belgium to Norway. The project is in the feasibility stage, with an investment decision expected by 2025. Carbon capture, transport and storage (CCS) is essential for achieving significant CO2 emission reductions. This project offers the North-West European market a robust and flexible solution for large-scale decarbonisation. The project includes a 1,000 km CO2 export trunkline operated by Equinor which will transport CO2 for safe and permanent ... more
North American

Chevron’s North American assets achieve top environmental scores

Chevron Corporation’s North American upstream assets have earned Project Canary’s highest ratings on operational and environmental performance. The analysis was conducted on Chevron’s assets in Texas and Colorado. As a result of the certification process, 82 wells achieved ‘Platinum’ status and three wells received ‘Gold’ status, Project Canary’s highest ratings and confirmation of Chevron’s industry-leading practices, including continuous monitoring. Chevron plans to market responsibly sourced gas (RSG) from the certified assets in the second half of 2022. Steve Green, president, Chevron... more

AXP energy boosts production with low-cost well re-completion in the US

ASX-listed AXP Energy Limited has seen material production gains from a low-cost well re-completion of a single well in the Illinois Basin. The well re-completion for DPI-2605 has added considerably to gross daily production with the well now steadily flowing about 50 barrels of oil and 300 thousand cubic feet of gas per day. This represents a significant boost to AXP’s oil production which averaged 307 barrels of oil a day in April and 351 in May. After well re-completion, the well initially flowed naturally at 310 barrels and one million cubic feet of gas (intermittently) a day, achieving a maximu... more