The International Energy Agency (IEA) has confirmed natural gas, carbon capture technology and all low-carbon hydrogen pathways will be needed if the world is to reach net zero by 2050.
Company Updates
Tamboran Spuds Amungee 3H
Tamboran Resources has spudded the Amungee 3H Well at its 38% owned EP 98 Permit in the Betaloo Basin with the Helmerich & Payne superspec Flex 3 Rig.
‘Australian Energy Producers’ is Revealed as New Name for APPEA
Australian Energy Producers has been unveiled as the new name of the peak body of the nation’s explorers and producers of essential energy.
PGS and TGS Combine to Form Single Energy Data Company
TGS ASA and PGS ASA have announced that they have agreed the principal terms of a combination of TGS and PGS to create a strong full-service energy data company.
PGS-TGS-SLB Consortium Secures Pre-Funding to Seismic Coverage in the Sarawak Basin
The survey will cover approximately 5,300km² for which the Ramform Sovereign is currently mobilizing with completion of acquisition expected late November.
Tamboran Intersects 90-metres High quality Mid Velkerri B Shale in the Beetaloo
Tamboran Resources has announced two major milestones as the Shenandoah South 1H (SS1H) well in EP 117 reached a Total Depth (TD) of 3,300 metres, intersecting approximately 90 metres of high quality Mid Velkerri B Shale with strong dry gas shows.
Sercel Launches MetaBlue: A Data-driven Marine Seismic Survey Management Solution
Sercel has announced the launch of MetaBlue, which it describes as a ‘ground-breaking data-driven solution for marine seismic survey planning and management’.
PGS Gets Contract Award amid Ramform Victory Scheduling Reshuffle
PGS has been awarded a 3D exploration acquisition contract offshore Africa and said a Ramform Titan Class vessel was expected to mobilize for the 4-5 month survey in the fourth quarter.
Tamboran Raises East Coast LOIs Stake to 600 – 875 TJ Per Day
TAMBORIN has upped the ante in its commitment to East Coast Gas supplies by signing non-binding Letters of Intent for an additional 90-125TJ per day (33-45 PJ per annum) with Alinta Energy and ENGIE.
APA Signs Agreement to Expedite Empire Energy’s Beetaloo Basin assets
APA Group has signed an initial agreement with Empire Energy to progress development of the explorer’s Carpentaria pilot project, which to connect prolific gas acreage in the Beetaloo Basin to the existing McArthur River Mine Pipeline.