Beach Energy has announced that the first two wells of its offshore Otway Basin campaign - Geographe 4 and 5 - have been connected to the Otway Gas Plant and are now delivering gas into the east coast market following the completion of the commissioning phase.
Company Updates


CGG Confirms 2022 Phase Three of Northern Viking Graben Dual-Azimuth Multi-Client Survey
CGG has announced that phase three of its dual-azimuth multi-client 3D survey in the Northern North Sea will commence in early May and continue throughout the North Sea season.

Strike Spuds South Erregulla 1
Strike Energy has spudded South Erregulla1 and was drilling ahead in a 17-1/2” hole in the top section at a measured depth of 1,045m.

Hydrostor Secures US$250 Million Investment from Goldman Sachs to Accelerate Growth
Energy storage solutions provider Hydrostor, has announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management.

Wood and FutureOn collaborate to provide integrated technical and digital service
FutureOn, the global software company specialising in the energy sector and creator of the award-winning, SaaS field design applications, FieldTwin Design and its API-centric collaboration platform, FieldTwin, has formed a strategic collaboration with global consulting and engineering leader Wood, to provide an enhanced service to its client base of global asset operators.

CGG sells Physical Asset Storage and Services Business to OASIS Group and Access
CGG has closed the sale of the physical storage assets and associated services of its Smart Data Solutions business to OASIS Group (“OASIS”) and Access Information Management Corporation (“Access”).
The transaction includes seven dedicated storage and service facilities, each holding client collections of records and subsurface rock and fluid samples. Access has acquired the three North American sites and OASIS the four European sites. Access and OASIS have a history of collaboration and, for global clients, will work together to continue the global service delivery.

PGS Signs Data Management, Service Agreement for MultiClient Seismic
PGS has signed a multi-year Data Management as a Service agreement with a major customer.

Western Gas gets green light for Sasanof-1 exploration well on North West Shelf
Western Gas has secured regulatory approval from NOPSEMA to drill the Sasanof-1 exploration well on the North West Shelf.

PGS wins Contract in West Africa
PGS has been awarded a 3D exploration contract in West Africa. A Ramform Titan-class vessel is scheduled to commence early February 2022 and will complete mid-March.

Santos announces ex-Woodside Exec McKinnell as new CFO
Santos has named former Woodside senior executive Anthea McKinnell as its new chief financial officer (CFO) with its merger with Oil Search comes now a done deal.
