Projects
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 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
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
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
Galilee Energy welcomes progress on Glenaras Gas Project
Galilee Energy has welcomed the Central West Queensland Remote Area Planning and Development (RAPAD) and VisIR partnership which will progress the proposed 930-kilometre electricity transmission line from Hughenden to Bileola.
The RAPAD Board, the Barcaldine Regional Council (BRC) and VisIR have formalised plans for the RAPAD Power Grid development with a Memorandum of Understanding (MoU).
The RAPAD Power Grid will comprise of 5.2GW of HVDC transmission technology, and approximately 4,200 megawatts of solar generation.
The initiative is part of the state government’s Queensland Energy and Jobs Plan (Q... more
QPME prioritises growth and safety at Moranbah Project
In the three months since assuming operatorship of the Moranbah Project, QPM Energy (QPME) has focused on maintaining safe and stable operations while implementing a series of production optimisation and improvement initiatives.
The energy company has attributed the successful transition of operations to the establishment of an organised management and operating team, as well as the implementation of correct gas field operating practices.
These have ensured zero lost time injuries and have improved field performance too.
QPME has also increased its production from 22.9 TJ per day to approximately 27TJ p... more
Santos delays FID for Narrabri gas project until 2025
Santos has announced in its latest ASX investor update that a final investment decision (FID) on its Narrabri gas project will not take place until 2025.
This comes after the Australian federal government recently announced it will reassess the company’s Hunter Gas Pipeline under Commonwealth environmental laws. The project decision will remain open until 8 December 2023.
Santos’s FID delay also follows after the New South Wales government’s cancellation of the Narrabri Special Activation Precinct (SAP), after consideration of the 2023 NSW Government’s Strategic Infrastructure Review.
The purpo... more
Falkland Islands exit highlights wariness for new remote oil markets
Harbour Energy’s intention to streamline its portfolio by focusing mainly on North Sea assets is noteworthy because the strategy includes the option to exit the $1.8 billion Sea Lion project in the Falkland Islands.
According to GlobalData, many exploration and production (E&P) companies are putting de-risking strategies in effect due to market downturn in 2020, which is causing an issue for the Falklands Islands Government in particular, as new remote oil markets are less likely to be desirable.
Effuah Alleyne, Senior Upstream Oil & Gas Analyst at GlobalData said market downturn in 2020 and de-r... more
Energy companies join forces for offshore wind development
TotalEnergies, Iberdrola and Norsk Havvind have joined forces to respond to the Norwegian authorities' call for tenders for a floating and bottom-fixed offshore wind development for a cumulated capacity of 4.5 GW at two offshore sites in southern Norway.
The consortium will in its offer leverage the technical expertise of its members in both bottom fixed and floating offshore wind, as well as its in-depth knowledge of the challenges, territories and stakeholders in Norway.
If successful on winning the tender, the consortium will focus on strengthening the local industrial competencies and ensuring the succ... more
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
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
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
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
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