Projects
UNITED KINGDOM — Hartshead Resources NL (ASX: HHR) has successfully secured and executed all new licences awarded in the UK's 33rd Offshore Licensing Round, significantly boosting its gas resources in the Southern Gas Basin. The North Sea Transition Authority (NSTA) has officially awarded these licences, marking a major expansion for…
Mineral Resources announces significant oil and gas discoveries in Perth Basin
AUSTRALIA — Mineral Resources Limited (ASX: MIN) has unveiled maiden resources for its Lockyer Gas Project and Erregulla Oil Project, marking substantial discoveries in Western Australia's onshore Perth Basin. The Lockyer Gas Project has revealed a maiden 2C contingent gas resource of 435 petajoules (PJ) of sales gas, with 3.3…
Melbana Energy’s Block 9 Amistad field development approved
CUBA — Formal approval has been granted for the Unit 1B well in the Block 9 Amistad field development onshore Cuba, in which ASX-listed Melbana Energy holds a 30 per cent interest, and is on track for production by quarter one 2025. Construction approval has also been received for the…
Highly significant gas discoveries made at Erregulla Deep-1 in Perth Basin
AUSTRALIA — Strike Energy Limited (ASX:STX), operator of the EP469/L25 joint venture which includes the West Erregulla gas field in the Perth Basin, has made multiple successful gas discoveries in the Erregulla Deep-1 (ED1) well in EP469. Two high-quality, low-impurity conventional gas discoveries were made, with an aggregate 28 metres…
Who Dat South exploration well commences drilling
US — Exploration drilling was started in early September by operator LLOG at the Who Dat South exploration well, which is held in a joint venture by LLOG (45 per cent), ASX-listed Karoon Energy (30 per cent), and Westlawn Americas Offshore (25 per cent). LLOG reported that the Seadrill West…
ADNOC signs agreement with IndianOil for Ruwais LNG project
UAE — Abu Dhabi National Oil Company (ADNOC) has signed a long-term Heads of Agreement with Indian Oil Corporation, India’s largest integrated and diversified energy company, for the delivery of one million tonnes a year of LNG. The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, which…
Chevron to boost oil and natural gas recovery at two Gulf of Mexico facilities
US — Chevron Corporation has started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater US Gulf of Mexico, where Chevron operations produce some of the world’s lowest carbon intensity oil and gas. Bruce…
PETRONAS, ADNOC, and Storegga join forces to explore CCS in Malaysia
MALAYSIA — In a significant move towards sustainable energy solutions, PETRONAS, ADNOC, and Storegga have signed a Joint Study and Development Agreement (JSDA) to evaluate carbon dioxide (CO2) storage capabilities in the Penyu basin, offshore Peninsular Malaysia. The collaboration aims to assess saline aquifers for CO2 storage and explore the…