Projects

  • Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration

    PROJECTS

    Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration

    Queensland Pacific Metals Ltd (ASX: QPM) has announced that its subsidiary, QPM Energy, has been awarded a $3 million Frontier Gas Exploration Grant by the Queensland government. This grant, part of the Quee... more

  • Azule Energy and Rhino Resources enter strategic agreement for offshore Namibian block

    PROJECTS

    Azule Energy and Rhino Resources partner in offshore Namibian block

    Azule Energy, in a significant move marking its first international deal since its inception in 2022, has partnered with Rhino Resources Namibia for a strategic farm-in agreement concerning Block 2914A (PEL85) ... more

  • Successful first oil production at Eldfisk North Project in the North Sea

    PROJECTS

    Oil production starts at Eldfisk North Project in the North Sea

    The Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea and operated by ConocoPhillips Skandinavia AS, has commenced its first oil production several weeks ahead of schedule. The Eld... more

  • BlueNord ASA provides update on Tyra II commissioning

    PROJECTS

    Technical issue with gas compressor to delay Tyra II commissioning

    BlueNord ASA has announced an operational occurrence with the intermediate pressure (IP) gas compressor will impact the commissioning of the new Tyra II facilities in the North Sea. The investigation has con... more

  • Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration
    13 May, 2024
  • Oil production starts at Argos platform in the Gulf of Mexico
    14 Apr, 2023
  • Woodside driving forward renewable hydrogen in Tasmania
    12 Nov, 2021
  • Equinor signs contracts for Northern Lights project
    21 Oct, 2020
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
Galilee Energy welcomes progress on Glenaras gas project

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 proud of growth and safety achievements at Moranbah Project

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 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

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

FAR Ltd updates market on payment for sale of its Senegal RSSD project to Woodside

FAR Ltd expects to receive full payment of the US$55 million Contingent Consideration due from the sale of its interest in the Sangomar field, with Woodside having updates the market on its activities and when first oil is anticipated. The Woodside Contingent Payment entitlements are associated with the sale of FAR’s entire interest in the Senegal RSSD Project to Woodside. Woodside, as operator of the Sangomar Field, recently updated the market as to the project’s progress. In a release to the market dated 30 August 2022 Woodside noted that the Sangomar Field Development Phase 1 will be comprised ... more
Krafla

TES partners with E.ON and ENGIE to manage the 5th Floating Storage Regasification Unit of Germany

Tree Energy Solutions (TES), E.ON and ENGIE have been selected by the German Federal Ministry of Economics and Climate Protection (BMWK) to jointly develop and implement the fifth Floating Storage Regasification Unit (FSRU) in Germany. The fifth FSRU in Germany, which is planning to start in the beginning of the heating period 2023, will have an annual importing capacity of about 5bcm (which covers about 5 % of the annual consumption in Germany) and will contribute to enhancing Europe's and Germany’s energy security, accelerating its energy independence, and achieving full net zero by mid of the century. ... more
offshore hydrogen park

Equinor turning North Sea projects into power in offshore wind

Equinor is close to first power from the world’s first floating wind farm to power offshore oil and gas platforms, Hywind Tampen, and preparing for the start-up of the world’s largest wind farm, Dogger Bank. Both wind farms are in the North Sea where Equinor has more than ten years’ experience from operating offshore wind farms. At a press conference at the ONS conference in Stavanger 30 August, Equinor gave a status of Equinor’s offshore wind portfolio focusing on the North Sea. “The North Sea will continue to play a key role for Europe’s energy transition and security towards 2050. The... more

Hartshead Resources agreement with Shell for phase 1 development gas offtake

ASX-listed Hartshead Resources NL has entered into an agreement with Shell UK Exploration and Production Limited (Shell), to undertake an engineering study for tie-in of Hartshead’s Phase I gas field development to Shell’s infrastructure. The agreement will provide a basis of design and cost estimate for the tie-in of facilities through Shell’s infrastructure detailing the required brownfield modifications as part of the gas offtake route for the Anning and Somerville gas fields. The study work will be undertaken by Petrofac and managed by Hartshead. Shell will provide project assurance, prior to ... more

TotalEnergies announces significant offshore gas discovery in Block 6 offshore Cyprus

TotalEnergies and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018. Located at approximately 160 km southwest of the Cyprus coast, Cronos-1 encountered several good quality carbonate reservoir intervals and confirmed overall net gas pay of more than 260 meters. “This successful exploration well at Cronos-1 is another illustration of the impact of our Exploration strategy which is focused on discovering resources with low technical cost and low carbon emissions, to cont... more

Santos announces Pikka FID and net-zero project plans

Santos, as operator of the Pikka Unit joint venture, has made a final investment decision (FID) to proceed with the US$2.6 billion gross (US$1.3 billion Santos-share) Pikka Phase 1 oil project located on the North Slope of Alaska. Pikka Phase 1 is expected to produce 80,000 barrels a day of oil gross with first oil anticipated in 2026. The project has strong fundamentals, is located in a world-class oil producing province with significant existing infrastructure, has low unabated emissions intensity and is supported by key stakeholders, including the State of Alaska, the North Slope Borough, the landowner ... more
H2H Saltend

Equinor’s H2H Saltend one of the first large-scale hydrogen projects in the UK

Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been successfully progressed through Phase-2 of the UK Government’s cluster sequencing process. The selected projects will now proceed to the due diligence stage of the Phase-2 cluster sequencing process to allow them to connect to the East Coast Cluster’s CO2 infrastructure and be operational in the mid-2020s. Previously in Phase-1 of the cluster sequencing process, the East Coast Cluster, which connects the Humber and Teesside via CO2 transport and storage infrastructure, was selected to become one of the first two ‘CCUS c... more