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

APA and Santos to explore development of CCS pipelines

APA Group has signed a Memorandum of Understanding (MoU) with Santos to explore the development of potential carbon capture and storage (CCS) pipelines for their Moomba CCS facility. The scope of the MoU is to assess the potential to unlock decarbonisation opportunities by connecting heavy CO2 emitters as well as CO2 import locations to the Santos operated CCS facility in Moomba, South Australia via CCS pipelines. The partnership will include an assessment of CCS pipeline routes from key emission sources in Gladstone, Port Bonython, and Greater Sydney to the Moomba CCS facility in the Cooper Basin. Thes... more

Galilee Energy signs MoU for gas supply and development of hydrogen facility

Galilee Energy (ASX:GLL) has executed a non-binding Memorandum of Understanding with Queensland Government-owned Energy Queensland Limited (EQL) for the supply of natural gas and to progress the development of a hydrogen facility in the state’s central west. The terms of the non-binding MoU provide a framework for Galilee and EQL to progress preliminary discussions for the supply of natural gas to the Barcaldine Power Station, in addition to collaborating on the development of a hydrogen facility at the site. Galilee Energy's Glenaras Gas Project is one of the largest uncontracted gas resources in easter... more

Report claims effects of Beetaloo project are underestimated

An analysis of the projected carbon emissions from the Northern Territory's (NT) proposed Beetaloo Basin gas project, and proposed processing at the Middle Arm gas hub, claims they've been underestimated, as have the availability of offsets to deal with them. The findings made by researchers at Climate Analytics call into question a key claim from the NT government, with federal support, that there would be "no net increase in life cycle greenhouse gas emissions emitted in Australia from any onshore shale gas produced in NT". The analysis also calls into question findings in an earlier report from the CSIR... more

Woodside proceeds with carbon reduction proposal process

A Woodside Energy revegetation proposal has been invited to Stage 3 of the Western Australian government’s Carbon for Conservation market-led proposal process. The Woodside proposal involves planting native species in specified areas within the Gnangara-Moore River State Forest and Karda Block in the midwest of Western Australia. Under the proposal, planting would include native species appropriate for Barnaby’s Black Cockatoo, with the expectation this will bring biodiversity and carbon sequestration benefits. Woodside Executive Vice President New Energy Shaun Gregory said the company was pleased t... more

Federal Court blocks work at Santos’ Barossa project

In an attempt to protect cultural heritage, the Australian Federal Court has passed a decision to block the installation of an undersea pipeline which represented the beginning of Santos Ltd’s $5.3 billion Barossa project. The interim injunction granted by Justice Natalie Charlesworth now casts uncertainty over the company’s schedule of accomplishing first gas production at the project by early 2025. This injunction followed an application by a traditional owner from the Tiwi Islands, Simon Munkara — whose lawyers stated that the 262 kilometre pipeline would pose a severe threat to the Indigenous com... more

Gladstone’s gas network first in Australia to go green

Construction has officially commenced at a facility that will make Gladstone the first city in Australia with an entire gas network supplying customers with a hydrogen gas blend. Queensland Deputy Premier Steven Miles visited Gladstone earlier this week to launch works on the project that will be delivered with funding support from the Queensland Government. Australian Gas Infrastructure Group’s (AGIG’s) Australian Gas Network is building the blending facility to deliver renewable hydrogen into the city’s gas network and will service approximately 770 properties. AGIG will deliver up to 10 per cen... more

Tamboran increases Beetaloo Basin gas resources

Tamboran has increased its Beetaloo Basin unrisked contingent gas resources by 32 per cent to two trillion cubic feet. The increase follows the drilling of the Maverick 1V (M1V) well, which has resulted in an initial resource booking within the EP 136 permit and associated resource increase in the adjacent EP 161 permit (Tamboran: 25%) and EP 76 permit (Tamboran: 38.75%). The changes to 2C contingent gas resources from the previous resource estimate include an increase of: 406 BCF in EP 136 66 BCF in EP 161 11 BCF in EP 76/98/117 Tamboran Resources Limited Managing Director and CEO, Joel Ridd... more

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 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 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 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 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

Kinetiko identifies gas-rich zones in South African ER270 Project

Kinetiko Energy Ltd is working on an energy transition initiative for South Africa, focusing on commercialising advanced shallow conventional gas projects, such as ER270, located in the Mpumalanga Province. Kinetiko CEO Nick de Blocq said: “Following an incredibly successful exploration program in 2023 the company spudded the first borehole of the year at 270-08C, slightly north of the town of Memel. “I am delighted to report that early indications from observations of gassy core samples show a huge gassy interval at depth. Coring is currently deeper than 600 metres with terminal depth (TD) expected ar... more