Projects

  • 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

  • Carnarvon Energy outlines strategic focus to maximise shareholder value

    PROJECTS

    Carnarvon Energy strengthens focus on Dorado to maximise value

    Carnarvon Energy Limited has recently reaffirmed its business priorities, emphasising its commitment to restoring and growing shareholder value by maximising the value of its asset base and reducing corporate c... more

  • Exploration begins on Who Dat East Well in US Gulf of Mexico

    PROJECTS

    Exploration begins on Who Dat East Well in US Gulf of Mexico

    The Who Dat East exploration/appraisal well, located offshore in the US Gulf of Mexico, officially began drilling operations on 27 April 2024. This well, situated approximately 27 kilometres east of the Who ... more

  • 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
  • Carnarvon Energy strengthens focus on Dorado to maximise value
    08 May, 2024
  • Exploration begins on Who Dat East Well in US Gulf of Mexico
    08 May, 2024
Carnarvon Energy outlines strategic focus to maximise shareholder value

Carnarvon Energy strengthens focus on Dorado to maximise value

Carnarvon Energy Limited has recently reaffirmed its business priorities, emphasising its commitment to restoring and growing shareholder value by maximising the value of its asset base and reducing corporate costs. One of the key highlights of Carnarvon's new strategy is the progress made on the Dorado development plan, which is designed to enhance project value, reduce overall capital expenditure, and ensure readiness for a final investment decision (FID) in 2024. Carnarvon CEO Philip Huizenga said the company is well positioned to deliver the Dorado project through to a FID this year, and onto first oil... more
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
Wood Australia awarded Greater Sunrise Concept Study contract

Wood awarded Greater Sunrise Concept Study contract

The Sunrise Joint Venture (SJV), comprising TIMOR GAP (56.56 per cent), Woodside Energy (33.44 per cent), and Osaka Gas Australia (10.00 per cent), has awarded the Greater Sunrise Concept Study contract to Wood Australia Pty Ltd (Wood PLC) following a global contract procurement process. The study, led by Wood PLC, will involve a multi-disciplinary subcontracting team of specialist consulting partners. It will focus on key issues related to the development, processing, and marketing of gas, with a strong emphasis on delivering gas to Timor-Leste for processing and LNG sales, or to Australia. Various dis... 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
East Coast Cluster

East Coast Cluster selected as one of the UK’s first CCS projects

The East Coast Cluster (ECC) has been named as one of the United Kingdom’s first carbon capture, usage and storage clusters following a successful bid to the Department for Business, Energy & Industrial Strategy (BEIS). The successful bid, led on behalf of the ECC by the Northern Endurance Partnership, is a major step towards achieving the UK government’s world-leading ambition to establish the first ‘net zero’ carbon industrial cluster in the UK by 2040. It also represents a significant boost for the industrial heartlands of Teesside and the Humber. Louise Kingham, senior vice president, Europ... more
Flotta

TotalEnergies to develop green hydrogen facility in Flotta, Scotland

Offshore Wind Power Limited (OWPL), the consortium formed by Macquarie’s Green Investment Group, TotalEnergies and Scottish developer Renewable Infrastructure Development Group (RIDG) has announced it is studying the use of offshore wind to power the production of green hydrogen on an industrial scale on the island of Flotta in Orkney, Scotland.   The OWPL consortium has submitted a proposal to the Crown Estate Scotland’s offshore wind leasing round (ScotWind) to develop the N1 plan option area west of Orkney. If successful, its proposal – called the West of Orkney Windfarm – could deliver renewable ... more
Partnership to develop low-carbon hydrogen production in France

Partnership to develop low-carbon hydrogen production in France

TotalEnergies and Air Liquide are joining forces to decarbonise hydrogen production at TotalEnergies’ Normandy platform in France. Normandy is one of TotalEnergies largest refining and petrochemical platforms. Under a long term contract agreement, Air Liquide will take over and operate the 255 tonne-per-day hydrogen production unit at the platform. TotalEnergies advises that connecting the unit to Air Liquide’s hydrogen network will help to optimise its performance and, ultimately, develop the world’s first low-carbon hydrogen network. The network already includes a hydrogen production facility in Po... more
Matapal

Bp achieves early first gas at Trinidad’s Matapal

bp Trinidad and Tobago LLC (bpTT) has confirmed its Matapal project has achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic.    Matapal is bpTT’s second subsea development. It’s comprised of three wells, which tie back into the existing Juniper platform, helping minimise development costs and the associated carbon footprint. It’s located approximately 80 kilometres off the south-east coast of Trinidad and approximately 8 kilometres east of Juniper, in a water depth of 163 metres. Matapal will deliver ... more
MOU signed for Bayu-Undan carbon capture and storage

MOU signed for Bayu-Undan carbon capture and storage

Santos, as operator of the Bayu-Undan Joint Venture, today signed a Memorandum of Understanding (MOU) with the Timor-Leste regulator Autoridade Nacional do Petróleo e Minerais (ANPM) to progress Carbon Capture and Storage (CCS) at Bayu-Undan in the Timor Sea. The MOU details the areas the Bayu-Undan Joint Venture and the ANPM, with the support of the Timor-Leste Government, will work on collaboratively to test the viability of repurposing the existing Bayu-Undan facilities and using the Bayu-Undan reservoir for CCS. These include sharing technical, operational and commercial information, assessing the reg... more
Alameda-1 well spuds in Cuba

Alameda-1 exploration well spuds in Cuba

Melbana Energy Limited has confirmed that the Alameda-1 exploration well spudded (commenced drilling) on Monday 13 September 2021. The Alameda Prospect (formerly I Lead) is an exploration target in the Block 9 Production Sharing Contract (PSC) which covers 2,380 square kilometres onshore on the north coast of Cuba. According to Melbana, Alameda is a large structure located in the western part of Block 9 and is in a similar structural position to the Varadero field, the largest oil field in Cuba, approximately 35 kilometres away. The Alameda-1 well will test three separate targets with a combined prospe... more
Neptune conducts first Walk to Work campaign at Cygnus field

Neptune conducts first Walk to Work campaign at Cygnus field

Neptune Energy has announced the start of the first Walk to Work (W2W) campaign at the Cygnus gas field in the UK Southern North Sea. A programme of brownfield modifications, maintenance and inspection activities will be supported by Bibby Marine’s WaveMaster 1 vessel, reducing time, costs and environmental impacts. The vessel is equipped with a ‘motion-compensated transfer gangway’, enabling crews to safely walk between the vessel and the Cygnus Bravo platform. It is an efficient and less carbon-intensive means of accommodating the 50 personnel carrying out the work, in comparison with multiple heli... more