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PESA - Petroleum Exploration Society of Australia

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Archives for March 2023

Wartsilia LNG

Eight new LNG carriers Will Feature Wärtsilä Reliquefaction Systems

30/03/2023 Posted by Dale

Technology group Wärtsilä says it continues to strengthen its established position as a major supplier to the LNG carrier vessel sector. Following an earlier newbuild programme in June 2022 for four new vessels, the company has now been awarded the contract to supply reliquefaction systems for a further eight ships.

These eight vessels will be owned by various leading global shipping companies. The orders by Hudong Zhonghua Shipyard were booked into Wärtsilä’s order intake in Q1 2023.

Wartsilia said the selection of Wärtsilä solutions reflects…

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Graforce

Graforce a winner at Petronas Race2Decarbonise for groundbreaking solution

30/03/2023 Posted by Dale

Out of more than 500 global solutions, Graforce was recognized at the Petronas Race2Decarbonise with its methane electrolysis technology (plasmalysis) in the category “Gas Flaring Reduction or Elimination.” The competition is aimed at accelerating the development of low-carbon solutions and reducing greenhouse gas emissions.

“Europe accounts for only 2 percent of global routine gas flaring, but the European Union is considering regulation to end routine flaring and venting”

Gas flaring results in more than 400 million tons of CO2 emissions every year. Thousands of gas flares…

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Map showing location of different phases of the Suriname 3D survey (image courtesy of CGG Earth Data).

CGG, TGS and BGP Complete Phase IV of 3D Multi-Client Survey Offshore Suriname

23/03/2023 Posted by Dale

CGG, in a consortium with TGS and BGP, has announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname.

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Jane Norman Commences as CEO and Managing Director of Cooper Energy

21/03/2023 Posted by Dale

The Board of Directors of Cooper Energy (ASX: COE) is pleased to announce the commencement of
Ms Jane Norman as CEO and Managing Director after the retirement of veteran industry stalwart David Maxwell.

Cooper Energy Chairman Mr John Conde AO commented: “We are delighted Ms Norman has commenced as the new Managing Director and CEO of Cooper Energy. Jane is highly regarded in the industry and her extensive experience makes her the ideal person to lead Cooper Energy as we pursue our strategy to become a leading Australian supplier of natural gas…

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Santos GLNG cargo

APPEA: Australia Risks Its Reputation for Reliability on ADGSM

21/03/2023 Posted by Dale

Australia has established itself as a trusted energy and economic partner in the region and a reliable, stable investment destination. The role of gas is widely acknowledged by governments in our region as being critical to ensuring energy security and in the region’s transition to a net zero emissions future with Australian liquefied natural gas (LNG) representing a key pillar of regional energy supply. The importers of Australian natural gas are key investors in the gas sector and in the LNG projects themselves, as well as in Australia’s economy more broadly. In many cases, these countries are…

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PGS wave image

PGS Uses Deep Learning For Effective Noise Removal

21/03/2023 Posted by Dale

A new method for seismic noise removal based on deep learning consistently produces superior results to traditional noise attenuation processes. The fully automated noise attenuation method has been developed that eliminates the need for time-consuming and subjective user parameter testing.

Both instrumental and environmental noise needs to be removed from motion sensor records in multisensor streamer acquisition. The new method is outlined in a PGS First Break paper in February and consists of two convolutional neural network models. The first model attenuates vertical narrow band high amplitude noise mainly generated by…

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Fiona Simon CEO AHC

Australian Hydrogen Council welcomes review of National Hydrogen Strategy

07/03/2023 Posted by Dale

The Australian Hydrogen Council has welcomed the agreement by the Commonwealth to lead jurisdictions in a Review of the National Hydrogen Strategy. The new strategy will respond to the local and global changes since 2019 and guide Australia on its path to be a global hydrogen leader.

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Sercel_WiNG_AFU

Sercel makes major WiNG sale in China

07/03/2023 Posted by Dale

Sercel has announced completion of a major sale of its WiNG nodal acquisition solution into the Chinese petroleum and natural gas market.

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PGS Gears Up for 3D Exploration in Namibia

07/03/2023 Posted by Dale

PGS has signed a 3D exploration acquisition contract* for work offshore Namibia.

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PESA MAGAZINE – LATEST EDITION

PESA News Issue 173

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POPULAR POSTS

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  • USA oil exports exceeded imports 2019 How the USA became the world’s largest crude oil exporter in 2019
  • CUE Permits NWS Ironbark exploration well delivers a disappointing duster

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PESA members please use this group to help with "social license to operate" issues.

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PESA - Petroleum Exploration Society of Australia

The Petroleum Exploration Society of Australia is a non-profit association of individuals involved in the exploration of oil and gas.

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