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

Neptune Energy announces start-up of Gjøa P1 development

Neptune Energy (Operator) and its partners Wintershall Dea, Petoro and OKEA have announced that production has started from the Gjøa P1 development. The Gjøa field, located in the northern part of the North Sea, 50 kilometres northeast of the Troll field, was discovered in 1989. Plans for development and operation (PDO) were approved by Norwegian authorities in 2007. The field is developed with five subsea templates tied to the Gjøa Semi-Submersible production facility for processing and export. Production commenced in 2010. Oil is exported by pipeline to Mongstad and gas by pipeline to St. Fergus in t... more

Equinor and partners prepare for shutdown of the Veslefrikk field

After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor has advised that the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has already commenced. The field was discovered in 1981, and when it came on stream in 1989, Veslefrikk’s development concept, as a first on the Norwegian continental shelf, comprised a floating production unit. The partnership has invested some NOK 20 billion (approximately AU$3 billion) in Veslefrikk, and the field’s productive life has been extended several times. When the plan for... more

Equinor’s methanol factory in Norway restarts production

Equinor has confirmed that the methanol plant at Tjeldbergodden in Norway is now back in production following its decommissioning due to a fire that occurred in December 2020. The company advised that safe start-up preparations have gone according to plan and the facility is now supplying methanol to the market. The air gas factory and methanol plant were shut down as a result of a fire which broke out in the compressor building in the methanol factory area. No personal injuries occurred in the fire. Lena Skogly, plant manager at Tjeldbergodden, said their number one priority has been safe and secure start... more

LNG supply agreement builds momentum for Woodside FID

Woodside Energy Trading Singapore Pte Ltd has entered into a sale and purchase agreement (SPA) with RWE Supply & Trading GmbH (RWE) for the supply of liquified natural gas (LNG) from Woodside’s global portfolio for a term of seven years commencing in 2025. The quantity of LNG to be supplied under the SPA is approximately 0.84 million tonnes per annum. The SPA is not subject to final investment decision (FID) on any project. The SPA builds on Woodside’s and RWE’s strong relationship developed through existing mid-term and spot business in Asia-Pacific and the Atlantic basin. Woodside Executive ... more

Carnarvon progresses with plans to drill Buffalo-10 well

Carnarvon Petroleum Limited has awarded the drilling management services contract for its Buffalo-10 well, located offshore of Timor-Leste in the Bonaparte Basin. The contract will include completion of detailed well design, procurement of long-lead items and contracting the drilling rig and associated services, including the shore base location. The objective is to drill the Buffalo-10 well in the second half of 2021. The well is targeting the crest of the proven Buffalo oil field and will be suspended as a future production well. On 17 December 2020, Carnarvon announced a binding agreement with Advance... more

Qatar Petroleum makes final decision on North Field East

Qatar Petroleum announced on Monday that it has made a final investment decision (FID) on the North Field East (NFE) Project, the world’s largest liquefied natural gas (LNG) project, which is forecast to raise Qatar’s LNG production capacity from 77 million tonnes per annum (Mtpa) to 110 Mtpa. Aside from LNG, the project will produce condensate, LPG, ethane, sulfur and helium. It is anticipated to commence production in the fourth quarter of 2025 and its total production is expected to reach approximately 1.5 million barrels of oil equivalent per day. The decision to proceed with the investment was rev... more

Equinor reports discovery near the Troll field in the North Sea

Equinor and its partners DNO Norge, Petoro and Wellesley Petroleum have struck gas and oil in production licence 923 in the North Sea. Recoverable resources are estimated at between 7 and 11 million standard cubic metres of oil equivalent, corresponding to 44 – 69 million barrels of oil equivalent. “It is inspiring to see how creativity, perseverance and new digital tools result in discoveries that form the basis for important value creation, future activity and production in accordance with Equinor’s climate ambitions,” said Nick Ashton, Equinor’s senior vice president for exploration in Norway. ... more