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
gas supply agreement

Santos inks new gas supply agreement with Rio Tinto

Santos has signed a new gas supply agreement with Rio Tinto. Under the agreement, Santos will supply up to 15 petajoules (PJs) of natural gas to Rio Tinto commencing in late 2021. Santos Managing Director and Chief Executive Officer, Kevin Gallagher, said Rio has been a long-term buyer of gas from Santos and they look forward to the strong partnership continuing. “We have been supplying natural gas to Rio for many years. This new gas supply agreement underlines the importance of natural gas for Australian manufacturers and industry,” Mr Gallagher said. He added: “Our disciplined, low-cost operati... more
West Barracouta

West Barracouta commences natural gas supply to Australia’s east coast

Esso Australia Pty Ltd, a subsidiary of ExxonMobil Australia Pty Ltd, has announced the commissioning of the Gippsland Basin Joint Venture’s West Barracouta natural gas field in the Bass Strait offshore of Victoria. The West Barracouta gas development has involved the drilling of two gas production wells and the construction of associated subsea gas production facilities to access gas in the existing Barracouta field. West Barracouta gas will be delivered through a five-kilometre pipeline via a new connection into the existing Barracouta pipeline so that the gas flows directly to the Longford Gas Plants.... more

AGL withdraws works approval for floating gas terminal at Crib Point

On 9 April 2021, Victoria’s Environment Protection Authority (EPA) received notification that AGL had withdrawn its works approval for a floating gas terminal at Crib Point in Westernport Bay. As a result, the EPA will no longer be making a decision under section 19B of the Environment Protection Act 1970 in relation to the project. AGL and APA Group’s proposed project comprised the Crib Point floating storage and regassification unit (FSRU); jetty works and a receiving facility at Crib Point; and 57 kilometres of pipeline from Crib Point to Pakenham. The pipeline was proposed to be developed and construc... more

Buru to commence major drilling program in the Canning Basin

Buru Energy Limited will commence a major drilling program in the Canning Basin in Western Australia in June. The program includes a three well drilling program and an extensive 2D seismic program of some 1,100 kilometres of data acquisition. The two well exploration drilling program is on conventional oil prospects (Rafael and Kurrajong), targeting very significant prospective resources as set out in the Buru Energy ASX release of 22 March 2021. The drilling program will also include a development well on the Ungani Oilfield (Ungani 8) which is planned to increase production rates and recover additional oil ... more

Buru Energy’s Ungani Oilfield production declines

Production from Buru Energy's Ungani Oilfield, located approximately 90 kilometres east of Broome, has continued to be impacted by wet weather with the Ungani access road being closed intermittently due to heavy rainfall. Late wet season rains have also resulted in the closure of the Great Northern Highway export route to all traffic on a number of occasions. This has resulted in a later than expected oil lifting, but the increase in the oil price from the previous liftings has been a compensating factor to the lower production volumes. The company notes that production from the existing Ungani Oilfield we... more

Gas import terminal ruled out due to environmental impacts

The Victorian Government has today ruled out a proposal to establish a gas import terminal at Crib Point in Western Port and to construct an approximately 57-kilometre long pipeline from the terminal to Pakenham. Minister for Planning, Richard Wynne, concluded that marine discharges from the proposed AGL and APA project would have unacceptable effects on the environment in Western Port, which is listed as a Ramsar wetland of international significance. The decision is based on an Environment Effects Statement (EES) produced by AGL and APA Group, around 6,000 public submissions and a report into the finding... more

FID made on the Barossa gas project for Darwin LNG

Santos has announced that a final investment decision (FID) has been made to proceed with the US$3.6 billion Barossa gas and condensate project, located offshore of the Northern Territory. The Barossa FID also kick-starts the US$600 million investment in the Darwin LNG life extension and pipeline tie-in projects, which will extend the facility life for around 20 years. The Santos-operated Darwin LNG plant has the capacity to produce approximately 3.7 million tonnes of LNG per annum. Santos outlines that Barossa is one of the lowest cost, new LNG supply projects in the world and will give the company and Da... more
Azule Energy and Rhino Resources enter strategic agreement for offshore Namibian block

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) in offshore Namibia's Orange Basin. Under the agreement, Azule Energy will acquire a 42.5 per cent interest in the block, which has been the site of major oil discoveries since 2022. The current contractor group for Block 2914A includes Rhino (Operator, 85 per cent), Namcor (10 per cent), and local company Korres Investments (Pty) Ltd (5 per cent). The agreement involves plans to drill two high-im... more
Successful first oil production at Eldfisk North Project in the North Sea

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 Eldfisk North Project, situated in PL018, is a joint effort of TotalEnergies EP Norge AS (39.896%), ConocoPhillips Skandinavia AS (35.112%), Vår Energi ASA (12.388%), Sval Energi AS (7.604%), and Petoro AS (5%). The Norwegian authorities approved the Eldfisk North Plan for Development and Operation (PDO) in December 2022, with the original production start scheduled in the second quarter of 2024. Howev... more
BlueNord ASA provides update on Tyra II commissioning

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 confirmed that the technical issue is related to the transformer delivering power to the IP gas compressor. The operator, TotalEnergies, has determined that the transformer for the IP gas compressor requires repair, which will affect the timing of the ramp-up to maximum technical capacity. Repair work is underway, and a dedicated team is concurrently developing options to partially resume gas export fro... more
Exploration begins on Who Dat East Well in US Gulf of Mexico

Exploration begins on Who Dat East Well in US Gulf of Mexico

The Who Dat East exploration/appraisal well, located offshore in the US Gulf of Mexico, officially began drilling operations on 27 April 2024. This well, situated approximately 27 kilometres east of the Who Dat Floating Production System (FPS), aims to appraise an existing discovery at Who Dat East and test additional prospective targets. Operated by LLOG, the Noble Valiant drillship spudded the Who Dat East well on April 28, 2024. The well, designated MC 509-1(LLOG), is located in a water depth of approximately 1,300 metres. Its objective is to appraise a gas/condensate discovery made in 2001 and te... more
Tamboran plans US Listing on NYSE to boost funding for Beetaloo Basin Project

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". The company's shares of common stock, represented by CHESS Depositary Interests (CDIs), will also continue to trade on the Australian Securities Exchange (ASX). The proposed listing on the NYSE will be carried out under the registration statement on Form S-1, which has been formally filed with the U.S. Securities and Exchange Commission (SEC). The listing is expected to occur once the registration... more
TotalEnergies to strengthen gas portfolio in Malaysia

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, which is still subject to closing adjustments, is expected to be completed in the second half of 2024. This agreement follows an earlier deal with OMV signed on 31 January 2024, to acquire its 50 per cent interest in SapuraOMV. Upon completion of both transactions and meeting regulatory approvals, TotalEnergies will own 100 per cent of SapuraOMV. SapuraOMV's key assets include a 40 per cent operat... 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