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
  • Azule Energy and Rhino Resources partner in offshore Namibian block
    10 May, 2024
  • Oil production starts at Eldfisk North Project in the North Sea
    08 May, 2024
  • Technical issue with gas compressor to delay Tyra II commissioning
    08 May, 2024
LNG bunkering

LNG bunkering to provide platform for clean marine fuel

EPIK Co. Ltd. (EPIK) has announced plans to include LNG bunkering services as part of its Newcastle GasDock LNG import terminal development in NSW, supporting the maritime industry in its shift towards cleaner burning marine fuel. EPIK Managing Director, Jee Yoon said the addition of LNG bunkering is a logical extension of the project and will allow customers to take advantage of LNG’s demonstrated environmental benefits, helping to reduce carbon emissions globally and dramatically reducing marine emissions locally. “Given the Port of Newcastle’s considerable industrial marine traffic and proximity t... more
Beetaloo

Beetaloo partnership to bring new gas to the east-coast

Jemena has signed a binding Memorandum of Understanding (MOU) with Tamboran Resources Limited, the holder of acreage in the highly prospective Beetaloo / McArthur basin.    The MOU will see Jemena expedite plans to invest over $5 billion to increase the capacity of its Northern Gas Pipeline (NGP) while also working to extend the NGP from the Northern Territory’s Beetaloo Basin to the Wallumbilla Gas Hub in Queensland. As part of the MOU, Tamboran – which holds 25 per cent of Santos’ exploration venture for the Beetaloo – will be responsible for upstream activities across the Basin. Jemena’s ... more
gas terminal

Long term lease for gas terminal will provide supply security for NSW

Australian Industrial Energy Pty Ltd (AIE) has signed a lease for up to 25 years with NSW Ports for the Port Kembla Gas Terminal (PKGT) which will secure gas supply for NSW as well as providing employment and economic benefits for the Illawarra region. AIE, part of Squadron Energy Group, is also pursuing the associated development of a dual fuel - LNG - Hydrogen 800MW power station in Illawarra to be initially fuelled by gas from the PKGT. The design provides for large scale dispatchable power and the ability to transition to hydrogen fuel as Fortescue Metals Group and other hydrogen suppliers bring industry ... more

$50M LNG plant will supply gas to WA’s Mid-West region

A $50 million Liquified Natural Gas (LNG) Plant in Mount Magnet is the first application to be determined under the Western Australian Government's new planning laws which aim to cut red tape and provide immediate economic support through significant, job-creating projects. The development was approved by the Western Australian Planning Commission yesterday and is anticipated to inject approximately $100 million of investment and create approximately 70 jobs during construction and 30 full-time jobs for local workers once operational, providing a boost to the State's regional economy. The LNG Plant will su... more

Santos signs new gas deal with WA-based Kleenheat

Santos, Western Australia’s biggest domestic gas producer, has announced a new gas sales agreement to supply natural gas to Western Australian energy solutions provider, Kleenheat. Kleenheat is part of Wesfarmers Chemical, Energy and Fertilisers (WesCEF), a group of businesses that will also utilise the gas. Under the contract, Santos will supply more than 16 petajoules of gas from its Varanus Island processing operations over three years from 2021. On Wednesday, Santos Managing Director and Chief Executive Officer, Kevin Gallagher, said the agreement further cemented Santos’ position as the leading... more

Range CSG exploration program to re-start in Surat Basin

Central Petroleum Limited has announced the restart of the Range Gas Project in Queensland’s Surat Basin which is being progressed under a 50:50 joint venture (Range JV) between Central and a wholly-owned subsidiary of Incitec Pivot Limited. Central outlines that the 77 square kilometre project has the potential to comprise up to 143 producing wells over the life of the field, with gas processed on-site and transported to market via a new pipeline connecting to the 438-kilometre Roma Brisbane gas pipeline or a tie-in to other nearby pipeline infrastructure. The Range JV successfully completed a gas explo... more
Kwinana Refinery

Kwinana Refinery to cease production due to oversupply and financial reasons

bp Australia will cease fuel production at its Kwinana Refinery and ‎convert it to an import terminal due to regional oversupply and sustained low refining margins which mean the Kwinana Refinery is no ‎longer economically viable. Having explored multiple possibilities for the refinery’s future, bp ‎has concluded that conversion to an import terminal is the best option.‎ The refinery, near Fremantle, has provided fuels for Western Australia for 65 years. However, ‎the continued growth of large-scale, export-oriented refineries throughout Asia and the Middle ‎East has structurally changed the ... 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