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
Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration

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 Queensland Resources Industry Development Plan, will fund a groundbreaking trial program aimed at unlocking gas resources in the Fort Cooper Coal Measures (FCCM), specifically the Fairhill Seam. The FCCM Production Assessment Project, as it is known, is designed to trial a new series of wells targeting the high-gas-content FCCM, which has been untapped for gas drainage activities. Success in these trials... more
Carnarvon Energy outlines strategic focus to maximise shareholder value

Carnarvon Energy strengthens focus on Dorado to maximise value

Carnarvon Energy Limited has recently reaffirmed its business priorities, emphasising its commitment to restoring and growing shareholder value by maximising the value of its asset base and reducing corporate costs. One of the key highlights of Carnarvon's new strategy is the progress made on the Dorado development plan, which is designed to enhance project value, reduce overall capital expenditure, and ensure readiness for a final investment decision (FID) in 2024. Carnarvon CEO Philip Huizenga said the company is well positioned to deliver the Dorado project through to a FID this year, and onto first oil... more
QPM launches drilling operations for Teviot Brook South wells

QPM launches drilling operations for Teviot Brook South wells

Queensland Pacific Metals Ltd (ASX:QPM) has announced the start of drilling operations for seven new production wells at the Teviot Brook South area in South East Queensland,. This initiative is part of the company's ongoing production growth strategy and signifies a significant development in its commitment to enhancing output capabilities. The Teviot Brook South Well Program involves the installation of seven new Surface to Inseam (SIS) well pairs. Each pair comprises a vertical production well linked with a lateral well drilled within the Goonyella Middle Seam. The innovative drilling plan aims to... more
QPM announces 38 per cent increase in Moranbah Project Reserves

QPM announces 38 per cent increase in Moranbah Project reserves

Queensland Pacific Metals Ltd (ASX:QPM) has reported a substantial increase in reserves at its Moranbah Project in Queensland, with 2P reserves rising by 38 per cent from 240PJ to 331PJ. The independently certified reserve update, completed by Netherland, Sewell & Associates Inc. (NSAI), indicates a significant growth in the project's potential. The Moranbah Gas Project's reserves are located within QPM’s portfolio of 100 per cent owned Petroleum Leases, connected to gas gathering and processing infrastructure. This increase in reserves positions QPM to expand its energy business and supply Easter... more
Tamboran signs major gas supply agreement with NT government

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 proposed Shenandoah South Pilot Project. This agreement, with an initial term of nine years starting in H1 2026 and an option for a further six-and-a-half years, represents approximately two-thirds of the Northern Territory's current gas requirements. The gas will be supplied on a take-or-pay basis at a market-competitive price, escalating at 100 per cent of the Consumer Price Index (CPI). This commi... more
QPME commences operation of Moranbah Project

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 at enhancing shareholder value and addressing the urgent energy needs in Eastern Australia, will focus on expanding and enhancing the Moranbah Gas Project (MGP). The decision to prioritise the MGP follows a comprehensive portfolio review and market analysis. The project is expected to play a crucial role in addressing forecasted gas supply shortfalls and supporting the transition to renewable energy ... more
Wood Australia awarded Greater Sunrise Concept Study contract

Wood awarded Greater Sunrise Concept Study contract

The Sunrise Joint Venture (SJV), comprising TIMOR GAP (56.56 per cent), Woodside Energy (33.44 per cent), and Osaka Gas Australia (10.00 per cent), has awarded the Greater Sunrise Concept Study contract to Wood Australia Pty Ltd (Wood PLC) following a global contract procurement process. The study, led by Wood PLC, will involve a multi-disciplinary subcontracting team of specialist consulting partners. It will focus on key issues related to the development, processing, and marketing of gas, with a strong emphasis on delivering gas to Timor-Leste for processing and LNG sales, or to Australia. Various dis... more
Well operations begin at Hickory-1 well

Operations begin at 88 Energy’s Hickory-1 well in Alaska

Well operations have commenced at the Hickory-1 well, with well bore preparations complete and perforation of the Upper SFS zone to begin ahead of fracking and flow testing. The Hickory-1 well is located within 88 Energy’s Project Phoenix acreage, directly adjacent to the Trans-Alaska Pipeline System and the Dalton Highway. After the Upper SFS zone is tested, the company plans to test the SMD-B zone. Each zone will be independently isolated, stimulated and flowed to the surface using a nitrogen lift to assist in the efficient cleanup of the well. The entire program for each zone is expected to take... more
ADNOC awards early EPC for Ruwais LNG project

ADNOC awards early EPC contract for Ruwais LNG project

ADNOC has issued a Limited Notice to Proceed (LNTP) for early engineering, procurement, and construction (EPC) activities in support of a joint venture, led by Technip Energies with JGC Corporation and National Petroleum Construction Company PJSC, for its low-carbon liquefied natural gas (LNG) project in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG project, expected to reach a final investment decision (FID) this year, is set to become the first LNG export facility in the Middle East and North Africa region to run on clean power, positioning it as one of the lowest carbon intensity LNG plants in the w... more
Orange Basin

TotalEnergies expands its presence in the Orange Basin

TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure. Following completion of the transaction, TotalEnergies will hold a 33 per cent participating interest in Block 3B/4B and assume operatorship, while QatarEnergy will hold a 24 per cent interest. The remaining interests will be held by existing licence holders, Africa Oil SA (17%), Ricocure (19.75%) and Azinam (6.25%). The transaction is subject to final... more
Conrad Asia to enhance Indonesian gas supply and infrastructure development

Conrad Asia to enhance Indonesian gas supply and infrastructure development

Asia-focused natural gas exploration and production company — Conrad Asia Energy — has announced a strategic partnership with PT Perusahaan Gas Negara Tbk (PGN) — the gas subsidiary of Indonesia's national oil company, PT Pertamina (Persero). The collaboration has been formalised through a Memorandum of Understanding (MoU) aimed at enhancing the gas supply and infrastructure development in Indonesia. Under the terms of the MoU, Conrad and PGN have agreed to jointly explore and develop the gas resources from Conrad's two offshore Aceh Production Sharing Contracts (PSCs). These PSCs, known as Offsho... more
Indonesian Energy Minister approves gas prices and allocation for Mako project

Indonesian Energy Minister approval a crucial step for Mako project

The Indonesian Minister of Energy and Natural Resources Arifin Tasrif has approved the gas price and volume allocation for Conrad Asia Energy’s Mako field project within the Duyung Production Sharing Contract (PSC), marking a significant milestone in the project’s development and the country’s energy sector. This approval, conveyed through an Allocation Letter from the Indonesian Minister of Mining and Natural Resources, sets the stage for Conrad to finalise fully-termed gas sales agreements (GSA). It signifies a crucial step forward in the commercialisation of the Mako gas field, located in the prol... more
Trion project receives social impact assessment approval

Trion project receives Social Impact Assessment approval

The Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy. Located in the Gulf of Mexico at a water depth of 2,500 metres, approximately 180 kilometres off the Mexican coastline, Trion is a greenfield development that would represent the first oil production from Mexico’s deep water. Trion is being developed by Woodside Energy in a joint venture with PEMEX and its first oil production is targeted for 2028. Submitted in May 2023, the Social Impact Assessment provides a comprehensive assessment of the project and outlines how Woodside will ... more
Wood works with INPEX on decarbonisation projects

INPEX progresses global decarbonisation projects

INPEX continues to advance decarbonisation initiatives around the world, with a focus on carbon capture, ammonia and hydrogen.  Following last year's award of the Tokyo metropolitan area carbon capture and storage (CCS) project, along with joint venture partners Nippon Steel and Kanto Natural Gas Development, a contract has been awarded to Wood to deliver concept design services for the project's transportation network. The pre-front end engineering design (FEED) scope will focus on a network of onshore and offshore pipelines that will gather CO2 from emissions-heavy steel and power plants in the Tokyo Me... more