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
  • Oil production starts at Argos platform in the Gulf of Mexico
  • Woodside driving forward renewable hydrogen in Tasmania
  • Equinor signs contracts for Northern Lights project

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

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

OMV invests in second-generation biofuel production

OMV has revealed plans to build a pilot plant at its Schwechat Refinery in Austria which will produce second-generation biofuels from 2023 using a patented process developed in-house. A standard refining process will see the waste-based substance glycerin turned into bio-alcohol which, when added to gasoline, reduces its carbon dioxide (CO2) footprint. OMV’s Chief Downstream Operations Officer, Thomas Gangl, said after more than five years of research, the company is now investing in a ‘Glycerin2Propanol’ pilot plant which will contribute to the further development of advanced biofuels. “The new pl... more

Oceaneering wins integrated rig services contract for Gulf of Mexico development

Oceaneering International Inc. has advised that its Subsea Robotics and Offshore Projects Group has secured an integrated rig services contract covering the Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.  The work scope includes the provision of remotely operated vehicles (ROVs) with co-located ROV tooling and technicians, remote positioning and metrology survey resources, and installation and workover control system (IWOCS) equipment and technicians. Work is scheduled to commence in early 2021 and carry into 2022. Oceaneering’s Senior Vice President and Chief Commercial Officer, E... more

Neptune and partners commence Dugong appraisal drilling

Neptune Energy (Operator) and its partners in the Dugong licence have commenced drilling on the Dugong appraisal well, located in the Norwegian section of the North Sea. Dugong is located 158 kilometres west of Florø, Norway, at a water depth of 330 metres, and is close to the existing production facilities of the Snorre field. The reservoir lies at a depth of 3,250 - 3,400 metres. The well is being drilled by the Deepsea Yantai, a new semi-submersible rig owned by CIMC and operated by Odfjell Drilling. The Dugong discovery in Production Licence 882 was one of the largest discoveries on the Norwegian C... more

Qatar Petroleum awards contract for LNG storage and loading facilities

Qatar Petroleum has awarded a significant engineering, procurement and construction (EPC) contract to Samsung C&T Corporation for the expansion of LNG storage and loading facilities located within the Ras Laffan Industrial City as part of its North Field East (NFE) project. The contract was signed on Monday by His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and President and CEO of Qatar Petroleum, and Oh Se-chul, President and CEO of Samsung C&T during a ceremony at Qatar Petroleum Headquarters. The contract, valued at more than $2 billion (including options), was aw... more

Sweet gas discovery spurs new potential in Baram Province

PETRONAS has reported a gas discovery from the Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of the Baram Province, roughly 90 kilometres off the coast of Sarawak, offshore Malaysia. PTTEP HK Offshore Limited, a wholly-owned subsidiary of PTT Exploration and Production Public Company Limited, is the operator for Block SK417 PSC with 80 per cent participating interest while PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS holds the remaining 20 per cent. The PSC was signed in March 2018 as a result from the Malaysia Bid Round 2017. The D... 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