Subsea technology has been witnessing substantial growth lately as a spinoff off soaring oil and gas prices.
Archives for July 2022


NextDecade Announces LNG Sale and Purchase Agreement with ExxonMobil
NextDecade has announced the execution of a 20-year sale and purchase agreement with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

PGS Wins Contracts in Australia and Indonesia
PGS has been awarded a significant 3D exploration acquisition contract offshore Indonesia by a major energy company.

Searcher Starts New 2D Seismic Reprocessing Project in India
Searcher Seismic has announced the East Coast India 2D Reprocessing project.

Diluted China Exports … but Record LNG Cargoes Shipped from Australia
China lost its position as Australia’s top LNG export destination in FY 2022 with 25.0 Mt (38%) of Australian export volume, less than 28.3 Mt (41%) in FY 2021.

Otway Drilling Campaign Successfully Concluded
Beach Energy has announced the successful completion of its offshore Otway Basin1 drilling campaign, a critical investment in new gas supply for the east coast market.

Industry says ‘Charity Begins at Home Mr President’ and the Energy Solution is Stateside
As Air Force One touched down in Jeddah and Joe Biden met Saudi Prince Mohammed Bin Salman “cap in hand” last week to plead for more oil to global markets, the American Exploration and Production Council had some sage advice for the United States President.

CGG Releases New GeoWells Database for Brazil
CGG has released a new GeoWells Brazil database, an expertly curated and re-interpreted digital data set of all the relevant geological and engineering legacy data for 197 key wells from the Santos, Campos, and Espirito Santo Basins.

Beach Bolsters Finance with New CFO Promotion
Beach Energy has announced the appointment of Ms Anne-Marie Barbaro as Chief Financial Officer, effectively immediately.

Shearwater GeoServices Wins 4D Baseline Survey Award from Woodside
Shearwater has been awarded a contract by Woodside for 4D baseline survey work over gas fields in the Carnarvon Basin.