APPEA says the oil and gas industry played a pivotal role underpinning the recently revealed Western Australian Budget surplus.
Company Updates
It’s Showtime for Shearwater in Shetland
Shearwater has been awarded two 4D surveys over important gas fields, west of Shetland.
‘Low carbon hydrogen to play defining role in energy transition’
The hydrogen market has progressed rapidly in recent years due to its growing application in industries like the transport, industrial, energy, aerospace, defence, and construction sectors.
Shearwater GeoServices Awarded 4D Geophysical Monitor Survey in Cote d’Ivoire
Shearwater is pleased to announce the award of its first 4D survey contract in Cote d'Ivoire.
‘India to lead Midstream Oil and Gas Project Starts in Asia’, with 129 projects planned during 2023-2027
India is likely to witness the start of operations of 129 midstream oil and gas projects from 2023 to 2027, accounting for 32% of the total upcoming midstream project starts in Asia by 2027, says data and analytics company GlobalData.
Sercel Sells 20,000 WiNG Seismic Nodes in North America
Sercel has announced the sale of 20,000 WiNG seismic acquisition channels to MKS Consulting, a global geophysical equipment consultancy and leasing specialist.
CGG and Paragon Collaborate on Carbon Sequestration in North America
CGG has signed a Memorandum of Understanding (MoU) to combine their respective capabilities in support of energy transition customers and, more specifically, add value to the development, operation, and monitoring of carbon sequestration sites in North America.
Hazer Nets $9.45M Tax Incentive Refund
The Hazer Group has announced the approval of its FY2022 Research and Development (“R&D”) tax incentive refund of $9.45 million.
Tamboran Says it’s Business as Usual in the Betaloo in Spite of Shifting Political Sands
Tamboran Resources says the Safeguard Mechanism reforms passed by the Federal Parliament are generally in line with recommendations made under the independent Scientific Inquiry into Hydraulic Fracturing of Onshore Unconventional Reservoirs in the Northern Territory (the Pepper Inquiry).
Graforce a winner at Petronas Race2Decarbonise for groundbreaking solution
Out of more than 500 global solutions, Graforce was recognized at the Petronas Race2Decarbonise with its methane electrolysis technology (plasmalysis) in the category “Gas Flaring Reduction or Elimination.” The competition is aimed at accelerating the development of low-carbon solutions and reducing greenhouse gas emissions.
“Europe accounts for only 2 percent of global routine gas flaring, but the European Union is considering regulation to end routine flaring and venting”
Gas flaring results in more than 400 million tons of CO2 emissions every year.