Company Updates

‘India to lead Midstream Oil and Gas Project Starts in Asia’, with 129 projects planned during 2023-2027

01/05/2023 Posted by Dale

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

24/04/2023 Posted by Dale

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

24/04/2023 Posted by Dale

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

10/04/2023 Posted by Dale

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

03/04/2023 Posted by Dale

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

30/03/2023 Posted by Dale

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.

Map showing location of different phases of the Suriname 3D survey (image courtesy of CGG Earth Data).

CGG, TGS and BGP Complete Phase IV of 3D Multi-Client Survey Offshore Suriname

23/03/2023 Posted by Dale

CGG, in a consortium with TGS and BGP, has announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname.

Jane Norman Commences as CEO and Managing Director of Cooper Energy

21/03/2023 Posted by Dale

The Board of Directors of Cooper Energy (ASX: COE) is pleased to announce the commencement ofMs Jane Norman as CEO and Managing Director after the retirement of veteran industry stalwart David Maxwell.

Cooper Energy Chairman Mr John Conde AO commented: “We are delighted Ms Norman has commenced as the new Managing Director and CEO of Cooper Energy. Jane is highly regarded in the industry and her extensive experience makes her the ideal person to lead Cooper Energy as we pursue our strategy to become a leading Australian supplier of natural gas and to succeed in the energy transition.”