Maintaining strong safety, reliability and service performance with lower revenue and costs are the focus of Australian Gas Infrastructure Group’s Final Plan for Western Australia's Dampier to Bunbury Natural Gas Pipeline (DBP) for the 2021 to 2025 period.
The Plan also puts in place measures to support the DBP continuing to deliver gas to an evolving Western Australian energy market well into the future.
The Plan was presented this month to WA’s Economic Regulation Authority...
The largest company in South Australia reported production of 75.5 million barrels of oil equivalent (mmboe) in 2019 – up 28 per cent from 58.9 mmboe the previous year.
The report says Santos sold 94.5 mmboe over the year, up from 78.3 mmboe in 2018 – and it achieved sales revenue of $4.03 billion, up from $3.66 billion in 2018.
Santos Managing Director and CEO Kevin Gallagher said in a statement to the Australian Securities Exchange that the company had also delivered lower unit...
Shearwater GeoServices has been awarded a 3D broadband marine seismic acquisition campaign by ONGC in Western Offshore India. The project is scheduled to commence in the first quarter of this year.
The four-month survey covers 2,000 sq. km of 3D in a shallow-water area of the Arabian Sea. The contract award follows last month’s announcement of a combined 2D and 3D broadband marine seismic survey for ONGC off the East Coast of India.
“We are pleased to receive this second award...
Shearwater has announced announce a more than sevenfold increase in 2020 backlog to 65 vessel-months at the start of 2020, up from nine vessel-months at the same time a year ago.
This backlog includes 24 months of the minimum commitment in the recently signed capacity agreement with CGG for two vessel-years annually over a five-year period. The backlog numbers exclude WesternGeco minimum commitment.
Shearwater said the backlog expansion reflects growing demand for marine seismic,...
CGG has completed its exit from the seabed data acquisition business and terminated the Seabed Geosolutions’ joint venture agreement.
The Paris-headquartered geophysical services company said that in line with its strategy to exit the data acquisition business, which was effective from December 31, 2019, the company had agreed to transfer its 40% shareholding in Seabed Geosolutions to Fugro before the end of the first quarter of 2020.
In addition, it was agreed...
Fugro has successfully completed the first deepwater autonomous underwater vehicle (AUV) site survey for Brunei Shell Petroleum Company Sdn Bhd (BSP).
Ceri Powell, BSP’s Managing Director, delivered a congratulatory note acknowledging the quality of Fugro’s work and HSSE leadership shown throughout the campaign. BSP’s Project Lead Bilman Pardomuan Hutabarat commented: “This campaign was the first deepwater survey project for Shell in Brunei and its success will lead to many more...
CGG has completed JumpStart™ multi-client geoscience packages for the North West Shelf (NWS) of Australia and the Banda Arc in the Asia-Pacific region. Both packages are now available and enhance understanding of the prospectivity of these two high-potential regions, allowing the assessment of exciting new plays, the Paris headquartered company said.
JumpStart packages mobilize the full suite of CGG’s geoscience capabilities to accelerate and support exploration efforts. They integrate...
Senex Energy has announced an expansion of its natural gas sales agreement with Orora Limited, agreeing to supply 13.2 petajoules of natural gas from Project Atlas.
On 1 May 2019, Senex announced a two-year gas sales agreement with Orora for supply of 3.3 PJ of natural gas from 1 January 2020.
Senex and Orora have now agreed an expanded gas sale agreement, with Senex to supply a further 9.9 PJ of natural gas from Project Atlas over six years from 2022 to 2027, bringing the total...
The first significant investment in the Petrel field in five years has begun in the Bonaparte Basin with Polarcus commencing a 3D seismic survey in the area on behalf of Neptune Energy.
Neptune said the survey would expand the area of seismic data the company holds and significantly increase the quality and breadth of data, for the company and its partners in the Petrel JV to plan a path forward.
Neptune Energy Australia Managing Director, Janet Hann, said: “The Bonaparte Basin...