Projects

  • Tamboran plans US Listing on NYSE to boost funding for Beetaloo Basin Project

    PROJECTS

    Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding

    Tamboran Resources Corporation (ASX: TBN) has announced its intention to list its shares of common stock on the New York Stock Exchange (NYSE) through a US Initial Public Offering (IPO) under the ticker "TBN". ... more

  • 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

  • Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding
  • QPM launches drilling operations for Teviot Brook South wells
  • QPM announces 38 per cent increase in Moranbah Project reserves
  • Tamboran signs major gas supply agreement with NT government

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

Mobil continues investing in its Melbourne terminal

A subsidiary of ExxonMobil Australia — Mobil Oil Australia — is investing in additional fuel storage infrastructure at its Melbourne terminal, as it hopes to support Australia’s fuel security and cement the company’s role as a critical supplier of fuel for Victoria and the east coast. The investment will bolster the 100 million litres of storage which the company added to its Melbourne terminal in June 2023. Mobil Australia Sales Manager Andrew McNaught said: “Mobil continues to invest in strengthening our Australian fuel supply chain and maintaining the safe and reliable delivery of fuel where a... more

APA and Santos to explore development of CCS pipelines

APA Group has signed a Memorandum of Understanding (MoU) with Santos to explore the development of potential carbon capture and storage (CCS) pipelines for their Moomba CCS facility. The scope of the MoU is to assess the potential to unlock decarbonisation opportunities by connecting heavy CO2 emitters as well as CO2 import locations to the Santos operated CCS facility in Moomba, South Australia via CCS pipelines. The partnership will include an assessment of CCS pipeline routes from key emission sources in Gladstone, Port Bonython, and Greater Sydney to the Moomba CCS facility in the Cooper Basin. Thes... more

Galilee Energy signs MoU for gas supply and development of hydrogen facility

Galilee Energy (ASX:GLL) has executed a non-binding Memorandum of Understanding with Queensland Government-owned Energy Queensland Limited (EQL) for the supply of natural gas and to progress the development of a hydrogen facility in the state’s central west. The terms of the non-binding MoU provide a framework for Galilee and EQL to progress preliminary discussions for the supply of natural gas to the Barcaldine Power Station, in addition to collaborating on the development of a hydrogen facility at the site. Galilee Energy's Glenaras Gas Project is one of the largest uncontracted gas resources in easter... more

Report claims effects of Beetaloo project are underestimated

An analysis of the projected carbon emissions from the Northern Territory's (NT) proposed Beetaloo Basin gas project, and proposed processing at the Middle Arm gas hub, claims they've been underestimated, as have the availability of offsets to deal with them. The findings made by researchers at Climate Analytics call into question a key claim from the NT government, with federal support, that there would be "no net increase in life cycle greenhouse gas emissions emitted in Australia from any onshore shale gas produced in NT". The analysis also calls into question findings in an earlier report from the CSIR... more

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

Kinetiko identifies gas-rich zones in South African ER270 Project

Kinetiko Energy Ltd is working on an energy transition initiative for South Africa, focusing on commercialising advanced shallow conventional gas projects, such as ER270, located in the Mpumalanga Province. Kinetiko CEO Nick de Blocq said: “Following an incredibly successful exploration program in 2023 the company spudded the first borehole of the year at 270-08C, slightly north of the town of Memel. “I am delighted to report that early indications from observations of gassy core samples show a huge gassy interval at depth. Coring is currently deeper than 600 metres with terminal depth (TD) expected ar... more

Operations begin at 88 Energy’s Hickory-1 well in Alaska

Well operations have commenced at the Hickory-1 well, with well bore preparations complete and perforation of the Upper SFS zone to begin ahead of fracking and flow testing. The Hickory-1 well is located within 88 Energy’s Project Phoenix acreage, directly adjacent to the Trans-Alaska Pipeline System and the Dalton Highway. After the Upper SFS zone is tested, the company plans to test the SMD-B zone. Each zone will be independently isolated, stimulated and flowed to the surface using a nitrogen lift to assist in the efficient cleanup of the well. The entire program for each zone is expected to take... more

ADNOC awards early EPC contract for Ruwais LNG project

ADNOC has issued a Limited Notice to Proceed (LNTP) for early engineering, procurement, and construction (EPC) activities in support of a joint venture, led by Technip Energies with JGC Corporation and National Petroleum Construction Company PJSC, for its low-carbon liquefied natural gas (LNG) project in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG project, expected to reach a final investment decision (FID) this year, is set to become the first LNG export facility in the Middle East and North Africa region to run on clean power, positioning it as one of the lowest carbon intensity LNG plants in the w... more

TotalEnergies expands its presence in the Orange Basin

TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure. Following completion of the transaction, TotalEnergies will hold a 33 per cent participating interest in Block 3B/4B and assume operatorship, while QatarEnergy will hold a 24 per cent interest. The remaining interests will be held by existing licence holders, Africa Oil SA (17%), Ricocure (19.75%) and Azinam (6.25%). The transaction is subject to final... more

Conrad Asia to enhance Indonesian gas supply and infrastructure development

Asia-focused natural gas exploration and production company — Conrad Asia Energy — has announced a strategic partnership with PT Perusahaan Gas Negara Tbk (PGN) — the gas subsidiary of Indonesia's national oil company, PT Pertamina (Persero). The collaboration has been formalised through a Memorandum of Understanding (MoU) aimed at enhancing the gas supply and infrastructure development in Indonesia. Under the terms of the MoU, Conrad and PGN have agreed to jointly explore and develop the gas resources from Conrad's two offshore Aceh Production Sharing Contracts (PSCs). These PSCs, known as Offsho... more