Projects

  • Equinor wins seven exploration blocks offshore Argentina

    Oil and gas company, Equinor, will now add seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina. The bid round was arranged in Bu... more
  • Senex awards major Surat Basin drilling contract

    Senex Energy Ltd is expected to commence its Surat Basin natural gas drilling program next month after contracting oil and gas services provider, Easternwell. Easternwell will begin Senex’s natural gas dri... more
  • US Gulf of Mexico

    Shell to sell interest in US Gulf of Mexico asset for $965 million

    Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has agreed to sell its 22.45 per cent non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC, a subsidiar... more
  • Santos concludes Moomba South phase 1 appraisal program

    Santos Limited has successfully completed the Moomba South Patchawarra Formation phase 1 appraisal program in the Cooper Basin. The Moomba South appraisal program is the first of several large-scale project ... more

Chevron proceeds with further offshore development at Gorgon

Chevron Australia and its joint venture participants have agreed to proceed with Front-End Engineering and Design work for the Jansz-Io compression project at the Chevron-led Gorgon natural gas facility off the northwest coast of Western Australia. In an Australian first, the project will use subsea compression to enhance recovery of the Jansz-Io field to maintain long-term natural gas supply to the 15.6 million tonne per annum LNG and domestic gas plants on Barrow Island. Jansz-Io Compression is part of the original development plan for Gorgon. Jansz-Io compression will also include local Front-End Engine... more

Leigh Creek Energy extracts syngas

Leigh Creek Energy (LCK) has extracted commercial quantities of synthetic gas (syngas) at its former Leigh Creek coal mine site for the first time. This milestone achievement provides the company with the data and evidence it needs to have a portion of its ‘resource’ status coal deposit, upgraded to a gas ‘reserve’. Positioned 550 kilometres north of Adelaide, the upgraded status will enable LCK to access South Australia’s largest gas resource for commercial development outside the Cooper Basin. The production success is also estimated to make LCK the first company to successfully operate in-... more

Equinor releases draft environment plan for Great Australian Bight project

Equinor has released a draft Environment Plan (EP) for the proposed Stromlo-1 exploration drilling program in permit EPP 39, located in the Great Australian Bight, but is already facing strong opposition against its intended activities. The Stromlo-1 well location is situated 372 kilometres off the coast of South Australia and 476 kilometres west of Port Lincoln. The development of an EP is an important step in any offshore exploration regulatory process. The draft EP details Equinor’s planned activity, the existing environment in the Great Australian Bight and the measures which will be put in place to ... more

Rig contract secured for Ironbark prospect

Diamond Drilling’s Ocean Apex semisubmersible drilling rig has been contracted by acting operator BP Developments Australia Pty Ltd on behalf of Cue Exploration Pty Ltd for the drilling of the Ironbark prospect in exploration permit WA-359-P, offshore of Western Australia. In late October 2018, Cue, BP, Beach Energy and New Zealand Oil & Gas announced a co-ordination agreement which outlines BP to act as operator on behalf of Cue in planning the Ironbark-1 well prior to title transfers and creation of a formal joint venture. The Ironbark prospect is a Mungaroo Formation prospect which is estimated to... more

Equinor wins seven exploration blocks offshore Argentina

Oil and gas company, Equinor, will now add seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina. The bid round was arranged in Buenos Aires on 16 April. A total of 38 blocks were on offer in the licensing round, the first open bid round for Argentinean offshore acreage in more than 20 years. Equinor submitted the winning bids for five blocks as operator. The Company also participated in winning bids for one block to be operated by YPF and one block to be operated by Total. In commenting on the news, Equinor’s executive... more

Shell to sell interest in US Gulf of Mexico asset for $965 million

Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has agreed to sell its 22.45 per cent non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC, a subsidiary of Delek Group Ltd. The value of this deal is $965 million in cash. Caesar-Tonga is located approximately 190 miles (300 kilometers) south-southwest from New Orleans, Louisiana in the Green Canyon area of the US Gulf of Mexico. The Sales and Purchase Agreement is subject to certain conditions, including regulatory approvals. The transaction is likely to close by the end of the third quarter 2019, w... more

Record-breaking lift completes North Sea field centre

It only tool three days to lift four of the last pieces in the Johan Sverdrup puzzle into place – the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore. Trond Bokn, senior vice president for Johan Sverdrup said now they are in the process of concluding the installation campaign for the first phase of construction of Johan Sverdrup, located about 140 kilometres west of Stavanger, Norway. “Putting the final building blocks of this gigantic project into place is important to ensure start-up of the field as planned in Novembe... more

ExxonMobil discovers natural gas offshore of Cyprus

International oil and gas company, ExxonMobil Corporation (ExxonMobil), has discovered natural gas offshore of Cyprus in the Eastern Mediterranean at the Glaucus-1 well. Located in Block 10, the well encountered a gas-bearing reservoir of approximately 133 meters on Thursday, 28 February. The Company has stated that the well was safely drilled to a depth of 4,200 meters in 2,063 meters of water. Based on a preliminary interpretation of the well data, the discovery could represent an in-place natural gas resource of approximately 142 billion to 227 billion cubic meters. However, further analysis in the c... more