High-performance computing technology company DUG Technology has signed an agreement with CSIRO Information Management and Technology to provide high-performance computing and storage using DUG McCloud.
In addition, under a separate agreement, DUG will also provide CSIRO with support, training and enablement utilising DUG’s team of HPC specialists, assisting CSIRO to maximise success on DUG McCloud.
The HPC and storage agreement is for a term of 24 months with an anticipated revenue...
Santos has welcomed the Federal Government’s release of the interim National Gas Infrastructure Plan.
Santos Chief Executive Officer and Managing Director Kevin Gallagher said the Plan is based on an open, competitive market approach and encourages investment in new local supply and infrastructure, which is the best way to put downward pressure on east coast domestic gas prices.
“The best thing the government could do to get gas prices down on the east coast is to remove...
Energy Networks Australia (ENA) has welcomed the Morrison Government’s funding commitment that will see three large scale hydrogen plants built in Western Australia and Victoria.
ENA Chief Executive Officer Andrew Dillon said the funding boost showed the federal government’s commitment to a clean energy future in Australia.
“New energy sources such as hydrogen need to be deployed if Australia is to reach net zero emissions and investing in these technologies is a step towards...
New polling of more than a 1000 Australians has shown that Hand Sanitiser was seen as the most vital product during COVID 19 with computers second.
The polling also showed that clothing was the number one product Australians can’t do without in their everyday lives.
Spokesperson for Brighter with Natural Gas and renowned consumer advocate Christopher Zinn said both products wouldn’t exist without the oil and gas industry.
“When most of us think of the oil and gas industry we...
CGG has launched SeaScope, an “innovative pollution monitoring solution”, as part of its growing portfolio of products and services for environmental application.
Combining expertise in remote sensing science, earth observation data, machine learning and high-performance computing, CGG said that SeaScope provides critical sea surface slick intelligence for a range of industries to strengthen situational awareness of the interaction between offshore assets, coastal facilities, local...
CO2CRC has announced the successful completion of the safe injection of CO2 into a saline formation 1.5km below ground at the Otway International Test Centre (OITC) in Nirranda South, Victoria.
This is a major milestone in CO2CRC’s Otway Stage 3 Project which is developing next generation subsurface CO2 monitoring and verification technologies for application in commercial carbon capture and storage (CCS) projects.
The CO2 has been safely injected deep into the subsurface, marking...
CGG has announced delivery of the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt.
The ultramodern reimaged seismic data set covering over 9,300km² will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7th Production Sharing Bidding Round.
The Agata prospect is composed of...
Shearwater GeoServices has announced two transactions to take over marine seismic acquisition assets previously owned by Polarcus, from Tiger Moth AS, a company affiliated with Woodstreet Inc.
Shearwater said it had acquired streamers and related seismic equipment for a total cash consideration of USD 50 million. The company also purchased six seismic acquisition vessels for a total consideration of US$127.5 million.
The transactions are financed through a new vessel loan facility...
Melbana Energy has concluded a sale and purchase agreement (SPA) with Houston-based Fortune 500 company EOG Resources to sell its WA-488-P permit which comprises the Beehive prospect.
The deals marks EOG Resources first venture in Australia after a sale that was conducted by Melbana subsidiary Finniss Offshore Exploration and EOG’s Australian arm.
Beehive, located in around 40 metres of depth, is one of the largest undrilled hydrocarbon prospects in Australia with prospective...
French supermajor Total has declared Force Majeure on its Mozambique-led LNG plant and withdrawn all of its staff from conflict zone areas close to the construction site.
This follows the killing of dozens of people in the town of Palma in March in the northeastern part of the east African country which is a focal point for three major LNG projects worth US$60 billion.
Total said of the latest decision: “Considering the evolution of the security situation, Total confirms the...