Searcher Seismic, in cooperation with the Department of Petroleum & Energy and Larus Energy, has commenced the Nanamarope 3D Multi-Client Seismic Survey located over multiple permits in the offshore Gulf of Papua.
Company Updates
PGS Signs MultiClient Reprocessing Agreement in Sarawak
PGS, together with JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia.
NextDecade agreements with Global Infrastructure Partners and TotalEnergies clears path for Rio Grande LNG Project
NextDecade has entered into framework agreements with Global Infrastructure Partners (GIP) and TotalEnergies to enable the final investment decision for the Rio Grande LNG project Trains 1, 2 and 3 (Phase 1) in Brownsville, Texas and to provide momentum for the further development of RGLNG Train 4 and Train 5.
In terms of the agreement, GIP would become a majority investor in Phase 1, and TotalEnergies would become a 16.67% investor, both subject to execution of definitive documentation and FID.
Sercel Awarded Major Contract for GPR300 Seabed Nodal Solution in China
CGG has announced that Sercel has made a major sale of its GPR300 seabed nodal solution to Chinese O&G company, Sinopec.
PGS Secures Large MultiClient Project in Norwegian Sea
PGS has secured industry pre-funding for another large multi-season MultiClient survey in the Norwegian Sea. The first phase of the survey will be acquired in 2023 by the Ramform Hyperion.
Carnarvon Edges Closer to Bedout Basin Deal with Taiwan’s CPC
Carnarvon Energy says it is closing in on a mid-year deal to sell 10% of its stake in the Bedout Basin to CPC subsidiary, OPIC Australia.
Empire Upgrade Lifts LNG Scale Aspirations
Empire Energy has announced a LNG scale resource in its Betaloo Sub-Basin portfolio following the release of an independently assessed report released by Netherland, Sewell & Associates.
CGG Awarded OMV Contract for Multi-Year Dedicated Centre
CGG has been awarded a new contract by OMV to continue operating a dedicated centre at its head office in Vienna for an initial three-year period.
Beach Hits a Few Snags in Cost and Target Objectives at Waitsia
Beach Energy has had to revise its previous targeted schedule and capital estimates for the Waitsia Stage 2 Project in the Perth Basin.
‘Beetaloo Green Light Ushers in Economic Prosperity and East Coast Energy Security’
Australia’s oil and gas industry says the green light for developing the Northern Territory’s Beetaloo Basin will support thousands of new jobs, deliver millions of dollars investment in regional communities and boost the nation’s east coast energy security.