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

CNOOC Limited announces large discovery in Bohai Bay

CNOOC Limited, one of China’s largest producers of offshore crude oil and natural gas, has announced that it has made a large-sized oil and gas discovery at Bozhong 13-2 in Bohai Bay. The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in the Bohai Bay (one of the three major bays of the Bohai Sea, the northwestern and innermost gulf of the Yellow Sea) with an average water depth of about 23.2 metres. The discovery well BZ13-2-2 was drilled and completed at a depth of 5,223 metres, and encountered oil pay zones with a total thickness of approximately 346 metres. The well was... more

Senex reaches nameplate production at Surat Basin facility

Senex Energy Limited has reached nameplate production of 32 terajoules (TJ) per day (approximately 12 petajoules per year) at its Atlas natural gas processing facility in the Surat Basin. Production at the firm nameplate capacity was achieved ahead of schedule and continues to increase. Further non-firm capacity of 8 TJ/day (roughly 3 PJ/year) is also available at the Atlas facility. Senex announced last month that its total Surat Basin production had reached 50 TJ/day (more than 18 PJ/year), an increase of 16 per cent from the previous quarter. The latest Atlas achievement is the final production miles... more

Drilling and well testing confirm resource size of Enterprise field

Beach Energy Limited has today confirmed reserves in relation to the Enterprise gas field, located in exploration permit VIC/P42(V) (Beach: 60 per cent and operator, O.G. Energy: 40 per cent) in the nearshore Victorian Otway Basin. The discovery has led to a 2P (proved and probable) reserves booking for the Enterprise gas field in which Beach has booked net 2P undeveloped reserves of 21 million barrels of oil equivalent (MMboe) (34 MMboe gross [1]), as at 15 February 2021. The 2P reserves include 97 petajoules (PJ) of sales gas (161 PJ gross), 211 kilotonnes (kt) of liquified petroleum gas (352 kt gross) a... more

Oil producer receives notice in relation to BP Kwinana Refinery

Perth Basin oil producer, Triangle Energy (Global) Limited, has received a notice of variation of the termination date from BP under the Crude Oil Supply Agreement, in relation to the Kwinana oil refinery in Western Australia. According to the notice, the termination effective date has been extended from 16 February 2021 to 1 March 2021. The company noted that the Cliff Head Oil Field, located approximately 270 kilometres north of Perth and 12 kilometres off the coast of Dongara in Western Australia, will continue to produce and deliver its product to the BP refinery in Kwinana until this time and as previous... more

ExxonMobil to convert Altona Refinery to import terminal

ExxonMobil has said the Altona Refinery is no longer considered economically viable and will be converted to an import terminal, which will ensure ongoing, reliable fuel supply for Victoria. The company said the decision was made following an extensive review of operations at Australia’s smallest refinery, which commenced operation in 1949. The review reportedly considered the competitive supply of products into Australia, declining domestic crude oil production, future capital investments and the impacts of these factors on operating earnings. Chairman of ExxonMobil Australia, Nathan Fay, said ExxonM... more

Esso on track to deliver West Barracouta gas to domestic market in 2021

On 28 January 2021, Esso Australia Pty Ltd (Esso, a subsidiary of ExxonMobil Australia Pty Ltd) revealed that it was nearing completion of its West Barracouta project, which will bring much-needed new gas supply to the Australian domestic market this year, as it gets ready to construct the project’s final subsea infrastructure. The West Barracouta gas development involves the drilling of two gas production wells and the construction of associated subsea gas production facilities to access gas in the existing Barracouta field. The development will leverage Esso’s existing oil and gas production infrastruct... more

First-time gas explorer gets green light in world class Bowen and Surat Basins

A Queensland-based company has been given the green light to explore for gas on prospective land in the world-class Bowen and Surat basins. Minister for Resources, the Hon. Scott Stewart, detailed first-time explorer AusGasCo CSG Pty Ltd has been appointed preferred tenderer for two blocks, located to the east and south-east of Injune, totalling 114 square kilometres. “Not only are we are doing all we can to get more gas in the market, but we are welcoming first-time junior explorers to help bring more jobs and economic benefits to Queensland,” Minister Stewart said. “In fact, during 2020 we relea... 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