Dale

MAN Energy Solutions has completed the installation and commissioning of the Origin Energy-operated Talinga Orana gas gathering station.

Located 30km southwest of Chinchilla, the dual train Talinga Orana Gas Gathering Station is vital for continued sustainability of Australia Pacific LNG’s upstream asset portfolio and its ability to bring gas to market.

The station allows Origin to optimise CSG production, specifically from the Orana and Talinga gas fields in the Surat Basin.

MAN said it had installed and commissioned two electric motor driven RB56 compressor trains at Talinga.

In August Origin Energy said APLNG revenue for FY2020 had declined 5% to $2.65 billion in spite of record production 265.3PJ.

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PGS and Ocean Floor Geophysics have signed an agreement under which OFG has acquired the exclusive rights to use the hardware, software and intellectual property associated with the PGS towed streamer CSEM system. PGS receives shares in OFG as settlement for the transaction.

The towed-streamer CSEM technology developed by PGS is a state-of-the-art system that allows for the acquisition of high-quality marine CSEM data in a fast and efficient manner. The system complements existing CSEM technology to permit a broad operating envelope.

“We are delighted to have entered into this agreement and to be in a position to add the PGS towed streamer to our OFG Multiphysics division.

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Woodside has entered into a binding sale and purchase agreement to acquire Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.

Australia's largest independent energy company announced that while the sale was subject to regular approval from the Senegal government and Cairn shareholders, the company had exercised its pre-emptive rights and completion was targeted for the fourth quarter of this year.

Thereafter, Woodside’s equity interest is set to increase to approximately 68.33% in the Sangomar exploitation area and to 75% for the remaining RSSD evaluation area.  Woodside will remain the operator.

On 17 August Woodside blocked the sale of Cairn’s stake in RSSD to Russian energy company Lukoil.

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High-performance computing experts DUG Technology and Norwegian energy giant Equinor have signed a multi-year deal covering seismic processing and imaging technology.

Under the deal, Equinor will replace existing third-party technology with an integrated solution using DUG McCloud, an innovative platform that allows clients to mix and match DUG's high-performance computing as a service (HPCaaS), seismic processing and imaging (P&I) services, and the DUG Insight geoscience software.

DUG Managing Director Matthew Lamont said the team at Equinor thoroughly evaluated every aspect of the DUG McCloud platform.

“We demonstrated that the ease of use, effectiveness and productivity of DUG Insight within the McCloud environment have the potential to provide short and long-term benefits, not to mention saving considerable money along the way,” Dr Lamont said.

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Norwegian seismic company Seabird has posted third-quarter results revealing a 196% increase in revenues year-over-year to $16 million, up from $5.4 million a year ago.

In the third quarter of 2019, however, Seabird’s losses dipped to $5 million, compared to a loss of $4,6 million in the corresponding period a year earlier.

The company had five vessels in operation during the quarter, representing 68% fleet utilisation, contrasting with three vessels on projects (55% utilisation) in the second quarter of 2018.

Seabird said day rates had increased 30% year-on-year and it expected rising demand in OBN seismic in the fourth quarter of this year.

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CGG has announced the commencement of a new multi-client 3D survey in the Northern North Sea. The survey will provide a second azimuth over CGG’s existing Northern Viking Graben (NVG) multi-client 3D survey and extend into open acreage on offer in the UK 32nd License Round.

The new survey will acquire approximately 2,000 sq km of additional data in an E-W direction. This new data will be processed together with the existing N-S data, using CGG’s latest velocity modelling and imaging technology, to produce a dual-azimuth volume.

The added azimuth, together with CGG’s advanced processing, will specifically address and improve the imaging of multi-directional fault patterns prevalent in the region.

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