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
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
Santos delays FID for Narrabri gas project until 2025

Santos’s $5.8 billion Barossa gas pipeline project proceeds after court win

The Australian Federal Court has ruled in favour of Santos in the case of Munkara v Santos NA Barossa Pty Ltd — dismissing the application and discharging the injunction that prevented pipelay activities south of the kilometre 86 (KP86) point along the Barossa Gas Export Pipeline. As per the ruling and in accordance with the project’s Environmental Plan, Santos will continue its pipelaying activity for the Barossa Gas Project. Organisations such as the Australian Resources & Energy Employer Association (AREEA) and the Australian Energy Producers have issued statements of support for this decision. ... more
Tamboran progresses key pipeline agreements with APA Group

Tamboran progresses key pipeline agreements with APA Group

Tamboran Resources have entered into three formal and binding agreements with APA Group to support the development of Tamboran’s Beetaloo Basin assets. This includes: an Early Development Agreement relating to the development of the ~35-kilometre Sturt Plateau Pipeline (SPP) that is planned to connect the proposed 40 million cubic feet per day (MMcf/d) Sturt Plateau Compression Facility (SPCF) to the Amadeus Gas Pipeline (AGP) and, subject to achieving project milestones and executing further agreements, is targeting an online date as early as H2 2025 an Early Development Agreement for development o... more
Pilot enters binding agreements to raise $3.5 million

Pilot enters binding agreements to raise $3.5 million

A syndicate of sophisticated investors has agreed to inject $3.5 million into Pilot Energy (ASX:PGY) to progress the company’s flagship Mid West Clean Energy Project (MWCEP) in Western Australia. The syndicate is being led by Greg Columbus, a director of Discovery Investments Pty Ltd and current Non-executive Chairman of Talon Energy. This is the second time this investor syndicate led by Columbus has participated in the issue of convertible notes in 2023. The six binding convertible notes will be issued in two tranches. The first five notes will be issued to members of the investor syndicate and will ... more
New LNG production at Port Hedland

Plans released for new Port Hedland LNG plant in WA

Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia. The project will provide an Australian LNG fuel supply capability through a new facility for the conversion of pipeline natural gas to LNG, responding to market demand for cleaner marine bunker fuel for dry-bulk iron ore carriers operating ‘round-trip’ voyages between the Pilbara and Asia. Market studies show increasing worldwide adoption of LNG as a marine fuel, with supply availability one of the key drivers. The base-case plant c... more
North

Equinor to acquire more interest in North Sea discoveries

Equinor has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjørn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. Since 2019, Equinor has made seven discoveries in this area. The transaction adds to Equinor’s equity share in the following discoveries: An additional 18.8% in Grosbeak, 45% in Toppand, 40% in Atlantis and 20% in Røver Nord and Røver Sør. Kjetil Hove, executive vice president for Exploration and Production Norway said through the transaction, Equinor strengthens its position in one of the company... more
Abu Dhabi

TotalEnergies acquires CEPSA’s upstream assets in Abu Dhabi

TotalEnergies has agreed to acquire CEPSA’s upstream assets in Abu Dhabi, in the United Arab Emirates with an effective date of 1 January 2023. The assets to be acquired inlcude a 20 per cent participating interest in the Satah Al Razboot (SARB), Umm Lulu, Bin Nasher and Al Bateel (SARB and Umm Lulu) offshore concession. The SARB and Umm Lulu concession includes two major offshore fields. ADNOC holds a 60 per cent interest in this concession, alongside OMV (20%). The concession is operated by ADNOC Offshore. The deal also inlcudes a 12.88 per cent indirect interest in the Mubarraz concession held by Abu... more
Spain

bp launches plans for low-carbon green hydrogen cluster in Spain

bp has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. The public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery. HyVal is expected to play an instrumental role in decarbonising the operations of bp’s Castellón refinery. Its transformation - including green hydrogen, biofuels and renewable energy - could see bp invest a total of up to 2 billion Euro in Castellón by 2030. Green hydrogen – generated by the electroly... more
GTA

bp and partners progress concept for GTA Phase 2

bp and partners have confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project in West Africa that they will take forward to the next stage of evaluation. The partnership – composed of bp, PETROSEN, Société Mauritanienne des Hydrocarbures (SMH) and Kosmos Energy – will evaluate a gravity-based structure (GBS) as the basis for the GTA Phase 2 expansion project (GTA2) with total capacity of between 2.5 to 3 million tonnes per annum. GBS LNG developments have a static connection to the seabed with the structure providing LN... more
Bahamas

Equinor sells its oil terminal at the Bahamas

Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas. The terminal was purchased by Equinor in 2009 to enable the company to trade oil primarily originating from the American markets. Alex Grant, Equinor’s senior vice president for Crude, Products and Liquids said since the purchase of the South Riding Point terminal in 2009, the flow in the oil market in North America has changed significantly for Equinor and the company has increasingly sold crude to other regions globally. “Consequently, we believ... more

Brookside Energy achieves production from US onshore well

Brookside Energy Limited (ASX:BRK) has established commercial production and sales from its Wolf Pack Well during flow-back operations in the United States’ Anadarko Basin. Early rates are very encouraging according to Brookside, with the well producing into the company’s permanent production facilities which are now fully operational. Material volumes of oil and gas have already been sold, with sales being established from the well in a record three months from the spud date. Oil is being trucked to a nearby pipeline terminal and gas is being transported via pipeline to an Enerfin gas processing... more
Vito

Production starts at Vito facility in US Gulf of Mexico

Production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design. The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Equinor (36.89%). In 2015, the original host design was rescoped and simplified, resulting in a reduction of approximately 80 per cent in CO2 emissions over the lifetime of the facility as well as a cost reduction of more than 70 per cen... more