Projects

  • 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

  • QPME commences operation of Moranbah Project

    PROJECTS

    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 ... more

  • TotalEnergies and Oman advance Marsa LNG project

    PROJECTS

    TotalEnergies and Oman advance Marsa LNG project

    TotalEnergies has taken a monumental step towards sustainable energy collaboration with the Sultanate of Oman, solidifying their long-standing partnership. During a high-profile visit to Muscat on 21 April 2... more

  • Tamboran signs major gas supply agreement with NT government
    24 Apr, 2024
  • TotalEnergies to strengthen gas portfolio in Malaysia
    24 Apr, 2024
  • QPM announces strategic realignment for energy growth
    24 Apr, 2024
  • TotalEnergies and Oman advance Marsa LNG project
    23 Apr, 2024

Western Gas and Valaris sign drilling contract

Western Gas is pleased to announce that it has executed the formal contract with Valaris for the MS-1 semi-submersible rig to drill the Sasanof-1 exploration well. The Sasanof-1 exploration well is in permit WA-519-P in Commonwealth waters about 207 km northwest of Onslow, Western Australia. Drilling is scheduled to commence in March/April 2022 following the rig relocating from nearby activities on the North West Shelf. The contract marks another milestone towards the drilling of the Sasanof Prospect. Securing the MS-1 rig following its current regional program provides significant benefits for the deliver... more
EOG Australia

Melbana completes sale of Beehive prospect to EOG Australia

Melbana Energy Limited has completed the sale of its exploration permit WA-488-P, containing the Beehive prospect to EOG Australia. Melbana has received a payment of US$7.5 million from EOG Australia in consideration. The terms of the sale agreement provide for EOG Australia to make Contingent Additional Payments to Melbana totalling US$5 million, subject to EOG Australia making certain future elections in regard to the WA-488-P permit area. In addition, Melbana is entitled to payments of US$10 million per 25 million barrels of oil equivalent (boe) that may be sold and delivered from within the permit area in... more
Scarborough and Pluto Train 2

Woodside approves Scarborough and Pluto Train 2 developments

Final investment decisions have been made on the Scarborough and Pluto Train 2 developments, including new domestic gas facilities and modifications to Pluto Train 1 off WA's North West. The $16 billion liquefied natural gas development will see gas from the Scarborough resource processed at Woodside's Pluto LNG facility on the Burrup Peninsula, near Karratha. As part of the development, a second LNG train and a new domestic gas facility at the Pluto site will be constructed. Construction is scheduled to commence in 2022 with first LNG cargo targeted for 2026. It is expected to create 3,200 job, and onc... more
FFI

FFI gets planning go-ahead for Queensland hydrogen facility

Fortescue Future Industries (FFI) has gained planning approval to build one of the world’s largest hydrogen equipment manufacturing facilities in Gladstone, Queensland. Deputy Premier and Minister for State Development Steven Miles said the approval will allow FFI to progress plans for constructing the facility in the Gladstone State Development Area (SDA). “FFI now has the planning approval required to progress the $114 million first stage of its Global Green Energy Manufacturing Centre (GEM) at Aldoga in the Gladstone SDA,” Mr Miles said. “In its initial stage, this $114 million investment fro... more
Pluto Train 2

Woodside sells big stake in Pluto Train 2 Joint Venture

Woodside has entered into a sale and purchase agreement with Global Infrastructure Partners (GIP) for the sale of a 49 per cent non-operating participating interest in the Pluto Train 2 Joint Venture. Pluto Train 2 is a key component of the proposed Scarborough development and includes a new LNG train and domestic gas facilities to be constructed at the existing Pluto LNG onshore facility. The estimated capital expenditure for the development from the effective date is US$5.6 billion. In addition to its 49 per cent share of capital expenditure, the joint venture arrangements require GIP to fund an addition... more
Greater Pluto

Greater Pluto reserves and resource update

Woodside has completed a review of the reserves and resource estimates for the Greater Pluto region. Excluding 2021 production to date, the 1P Total reserves have increased by approximately 10 per cent and the 2P Total reserves have decreased by approximately 10 per cent. The review follows completion of integrated subsurface studies incorporating 4D seismic and well performance data. The updated estimate has been calculated based on a probabilistic method. Previously a deterministic method had been used to calculate the reserves and resource estimates for the Pluto-Xena fields. The Pyxis Hub reserves have... more

Woodside, BP and MIMI to study carbon capture and storage in WA

Woodside, BP, and Japan Australia LNG (MIMI) Pty Ltd, which is ultimately owned equally by Mitsubishi Corporation and Mitsui and Co. Ltd, have agreed to form a consortium to progress feasibility studies for a large-scale multi-user carbon capture and storage (CCS) project near Karratha in Western Australia. The consortium brings together the diverse capabilities of three industry leaders to assess the technical, regulatory and commercial feasibility of capturing carbon emitted by multiple industries located near Karratha on the Burrup Peninsula and storing it in offshore reservoirs in the Northern Carnarvon ... more
TotalEnergies and Oman advance Marsa LNG project

TotalEnergies and Oman advance Marsa LNG project

TotalEnergies has taken a monumental step towards sustainable energy collaboration with the Sultanate of Oman, solidifying their long-standing partnership. During a high-profile visit to Muscat on 21 April 2024, TotalEnergies CEO and Chairman Patrick Pouyanné convened with the Sultan of Oman and the Prime Minister of the Cabinet of Oman, His Majesty Sultan Haitham bin Tariq Al Said, and Minister of Energy & Minerals of the Cabinet of Oman, His Excellency Eng. Salim bin Nasser Al Aufi — reaffirming their shared commitment to future energy endeavours. At the heart of this historic encounter was the an... more
Hartshead Resources advances gas fields amid fiscal uncertainties

Hartshead Resources advances gas fields amid fiscal uncertainties

Hartshead Resources NL (ASX: HHR) has announced that despite uncertainties surrounding future fiscal policies, the P2607 Joint Venture (JV) remains committed to advancing the Phase 1 Gas Field Development of the Anning & Somerville Gas Fields, with the 2024 JV budget firmly in place. Hartshead CEO Chris Lewis stated: “The Joint Venture continues to work to move our gas development project forward, looking at innovative funding arrangements to potentially reduce upfront capital expenditure (CAPEX). “Discussions with policymakers and other stakeholders have been encouraging, and I anticipate that a p... more
TotalEnergies and SONATRACH sign MoU for hydrocarbon contract

TotalEnergies and Sonatrach sign MoU for hydrocarbon contract

TotalEnergies and Sonatrach have inked a Memorandum of Understanding (MoU) to finalise a hydrocarbon contract in the north-east Timimoun region in Algeria — under the auspices of Law n°19-13 governing hydrocarbon activities. The MoU outlines a work program for the appraisal and development of gas resources in the North-East Timimoun region. The plan aims to synergise with existing processing facilities for production from the Timimoun field, with the dual objectives of reducing costs and emissions. TotalEnergies - Exploration & Production - Senior Vice President Middle East & North Africa Jul... more
TotalEnergies completes sale of its Canadian assets to Suncor

TotalEnergies acquires 20 per cent interest in Dorado leases

TotalEnergies has announced the acquisition of Lewis Energy Group's 20 per cent interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, enhancing its natural gas production capacity in Texas. This move strengthens TotalEnergies' integration in the U.S. LNG value chain. The Dorado field, located in Texas, is expected to boost TotalEnergies' net U.S. natural gas production by 50 million cubic feet a day (Mcf/d) in 2024, with the potential for an additional 50 Mcf/d by 2028. This acquisition aligns with TotalEnergies' strategy to enhance its LNG integration with a low-cost... more
TotalEnergies and SINOPEC partner on sustainable aviation fuel in China

TotalEnergies and SINOPEC partner on sustainable aviation fuel in China

TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) have signed an agreement to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. The planned unit, to be jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tonnes of SAF per year. It will process local waste or residues from the circular economy, such as cooking oils and animal fats. SINOPEC has developed its own SAF production technology — called SRJET — while TotalEnergies, already a leading SAF producer in Europe, will contribute its experience and e... more
TotalEnergies restarts production at Tyra Hub, Denmark

TotalEnergies restarts production at Tyra Hub, Denmark

TotalEnergies has announced the restart of production from the Tyra hub in the Danish North Sea, following the completion of a major redevelopment project. The hub is expected to produce 5.7 million cubic metres of gas and 22,000 barrels of condensate per day at the plateau, making Denmark self-sufficient and a net exporter of natural gas once again. Operating the Tyra field on behalf of the Danish Underground Consortium, TotalEnergies has completed a significant redevelopment project to restart production from the Tyra hub. The consortium includes TotalEnergies (43.2 per cent), BlueNord (36.8 per cent)... more

Woodside completes 10 per cent sale to LNG Japan

Woodside has finalised the sale of a 10 per cent non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan). This sale — which was part of Woodside’s strategic relationship with LNG Japan, announced on 8 August 2023 — includes equity in the Scarborough Joint Venture, potential LNG offtake, and collaboration on new energy opportunities. The sale proceeds for Woodside amount to US$910 million and comprises the purchase price, reimbursed expenditure, and escalation. Woodside CEO Meg O’Neill expressed satisfaction with the sale's completion, noting LN... more