Archives for May 2018

Brazilian regulator approves Karoon’s Santos basin development plans

29/05/2018 Posted by Dale

Karoon Gas has stepped into the development and production phase for the Echidna and Kangaroo light oil fields off Brazil, as a direct result of approval from the country’s regulator for the fields’ Declaration of Commerciality. The Kangaroo and Echidna discoveries are located in the Santos Basin for which Karoon has received ANP approval of the Final Discovery Evaluation Report (RFAD) for wholly owned Santos Blocks S-M-1037, S-M-1101, S-M-1102, S-M-1165 and S-M-1166 along with a Declaration of Commerciality (DoC). Karoon said on it had submitted the RFAD and DoC documents in early May to ANP, the Brazilian oil and gas…

Safehouse Habitats acquires ESPRAT group of companies

29/05/2018 Posted by Dale

Perth-based Safehouse Habitats and its UK-based parent, Starn Group, have successfully completed the acquisition of the ESPRAT group of companies based in Australia and Malaysia. Safehouse said this latest expansion would extend the existing Starn footprint in these territories and strengthens its position in the region by providing a platform to further develop the Malaysian market for Safehouse habitats, and to provide the gas detection and related services of another Starn business, Sabre Safety Services. Safehouse said the development would also broaden the range of services the group is able to offer in Malaysia, adds a drill pipe inspection service…

Osaka Gas signs Taiwan LNG receiving terminal deals

29/05/2018 Posted by Dale

OSAKA, Japan - Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas) has entered into an agreement to provide consulting services for the construction of LNG receiving terminals on behalf of CPC Corporation, Taiwan (CPC) and Taiwan Power Co., Ltd. (TPC) respectively. OGE said for CPC’s third LNG receiving terminal construction project, it will conduct Front End Engineering & Design (FEED) and provide technical consulting services on regasification facilities as part of building a 3 million tons per annum (mtpa) LNG receiving capacity in the first phase of a 6 mtpa LNG terminal project…

PESA WA SHORT COURSE – Elements of Chemostratigraphy by Chemostrat

23/05/2018 Posted by Alison McLeod

May the Fourth Be With You! Friday, 4 May was not only a great day to celebrate the Star Wars Day, but it was also the first time a Chemostrat open-training session had been made available in Perth. This short course was hosted by PESA WA Branch, and we acknowledge and thank Carnarvon Petroleum for generously sponsoring the students who attended the course. It was well attended with major O&G companies, state government, service companies and academia all represented. Chemostrat has analysed and interpreted over 200 wells on the North West Shelf for elemental analysis,…

CGG GeoConsulting Launches Robertson New Ventures Suite to Accelerate Exploration Efforts

22/05/2018 Posted by Dale

CGG GeoConsulting has launched the Robertson New Ventures Suite, an integrated and digitally transformed family of exploration-focused geoscience tools and databases that the company says will offer clients a “competitive edge in global new ventures screening and frontier exploration”. The six core products of the Robertson New Ventures Suite are Basins & Plays, Geochemistry, Plate Kinematics, Predictions, Provenance and Analogues. “Built on the trusted brands of Tellus, Frogi, Plate Wizard, Merlin+, ProvBase and ERGO, the updated products have been integrated and re-named as part of GeoConsulting’s ongoing GeoVerseTM digitalization program that is providing a common architecture and taxonomy across the…

East coast gas prices could rise 30 percent in five years

22/05/2018 Posted by Dale

Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid-2020s. The company concluded from a recent study that it was no surprise gas prices in the East Coast have jumped up over the last three years, a situation driven primarily by declining cheap gas supply from the Cooper Basin and offshore Victoria. New gas supply sources are also proving far more expensive to develop than the cheap legacy supply sources that have maintained Australian gas supply for decades. “Meanwhile gas demand is in flux as power…

Dr Fraser Bransby appointed Fugro geotechnics chair at UWA

22/05/2018 Posted by Dale

Dr Fraser Bransby has been appointed Fugro chair in geotechnics at the University of Western Australia’s Oceans Graduate School. Dr Bransby has worked across academia and industry, most recently at Fugro AG Pty Ltd. After obtaining his PhD in soil mechanics from the University of Cambridge, he spent time in university geotechnical research and in industrial consultancy before joining Fugro. Having established the Fugro chair in geotechnics in 2014, UWA and Fugro developed a sustainable research group that is significant to Fugro’s activities worldwide. By ensuring the group’s applied research is targeted to solving real-world problems, it also supports the…

ADNOC announces US$45 Billion investment to become leading lobal Downstream Player

22/05/2018 Posted by Dale

The Abu Dhabi National Oil Company (ADNOC) has unveiled plans to invest US$45 billion with partners over the next five years to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The event brought together more than 40 CEOs and 800 senior business leaders from the global oil and gas, energy, petrochemical and finance industries, as well as many other sectors. Building on the existing strengths and competitive advantages of the Ruwais Industrial Complex, ADNOC said it would create the world’s largest and most advanced…

CGG Launches new MotionMap UK National Ground Stability Database

08/05/2018 Posted by Dale

CGG’s NPA Satellite Mapping group has unveiled its new MotionMap UK product for companies involved in asset management, large engineering projects, property conveyancing, insurance disputes and risk management. In a media release CGG said the UK’s geological setting, mining legacy and engineering heritage has led to substantial changes above and below ground. From subsidence and heave across coal fields in the Midlands, to tunnelling-related ground settlement in London, the impact on the landscape is “extensive yet relatively unknown and extremely challenging to map”. MotionMap UK is a national database of high-precision ground stability measurements that reveals millimeter-scale changes in ground…