Senex Energy has announced that third-quarter natural gas production increased by 8% in the third quarter of 2020.
The Brisbane-based gas producer said that its total production was up to 4.6 PJ during this period and peak production reached nameplate capacity in the Surat Basin of 52 TJ/day (~19 PJ/year).
This put Senex in a buoyant net cash position of $36 million at the end of the quarter and in a position to announce inaugural dividends.
Managing Director Ian Davies...
Australia’s peak body for the oil and gas industry said the announcement of $539.2 million in new hydrogen and carbon capture, use and storage projects by the Morrison Government was a massive boost for the industry and will help to further cut Australia’s emissions.
APPEA Chief Executive Andrew McConville said many of the association’s members are already at the forefront of hydrogen development and carbon capture solutions and this announcement will help accelerate development.
CGG has signed a strategic agreement to support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK (which include geothermal energy and storage sites for CO2, hydrogen and ammonia). Such projects are critical in the ongoing energy transition from fossil fuels to renewable energy systems.
CGG brings its integrated geoscience solutions to help identify and de-risk subsurface storage, sequestration and geothermal energy sites utilizing...
Halliburton has signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.
Halliburton Landmark said it would deliver Diskos 2.0 using DecisionSpace® 365 cloud services in iEnergy® – the industry’s first E&P hybrid cloud.
“The cloud native services are Open Subsurface Data Universe™ compliant and provide high quality data,...
Equinor is introducing autonomous ATEX-certified robots for inspection and maintenance on their oil and gas installations.
The partner in the project is inspection robotics specialist Taurob of Austria. Its robot will be used to conduct routine inspection and maintenance tasks on offshore installations.
Taurob initially developed robotics for human safety, particularly in emergency response situations, 11 years ago. Safety is also the main driver for the energy...
With shares trading at an eight-year peak and aiming higher, Elixir Energy has provided an update on its largest exploration program to date in Mongolia.
The Adelaide-headquartered explorer launched the exploration and appraisal program across its 100%-owned Nomgon IX CBM PSC, where the spudding of two exploration wells is imminent.
The first well in the 2021 drilling program, Yangir-2, has just been finished and the Yangir depocenter has proven to be highly fractured and hosting of...
A consortium led by CGG has been selected by the European Space Agency’s Space Solutions initiative to undertake a study aimed at developing new environmental monitoring technology and services to help combat the global marine litter crisis.
CGG will collaborate with Mott MacDonald, a global engineering, management and development consultancy, and Brunel University London to develop innovative new environmental monitoring solutions based on CGG’s analysis and processing of Earth...
Technology group Wärtsilä is converting the 90 MW Bel-Air power plant in Dakar, Senegal to operate on liquefied natural gas (LNG).
The plant, which is owned by Senelec, Senegal’s public utility company, currently operates on heavy fuel oil and Wartsilia said the conversion will future-proof the facility as Senegal’s long-term strategy is to lower the carbon footprint of energy production by switching to gas when domestic supply is available. This project is part of an interim...
Shearwater has been awarded a 3D seismic survey by a major operator in Vietnam. The two-and-a-half-month project will commence in April 2021 and will be conducted by the SW Vespucci.
“This award contributes to an already strong portfolio of projects in the Asia Pacific region announced in recent weeks as market conditions improve”, said Irene Waage Basili, CEO of Shearwater GeoServices.
The marine geophysical services company has established experience in Vietnam and has...
Wood, the global consulting and engineering company, has entered into a new, three-year engineering framework agreement with Norway-based NEL Hydrogen, aligning with the company’s ambition to unlock sustainable solutions to global energy challenges.
Through the provision of its project execution expertise, Wood said it will work with NEL Hydrogen to support the delivery of large-scale green hydrogen production plants and play a leading role in the transition towards an integrated,...