Sercel has announced the launch of MetaBlue, which it describes as a ‘ground-breaking data-driven solution for marine seismic survey planning and management’.
Feature Articles
US Shale Reinvestment Rates Hit three-year High Amid Inflation and Muted Oil Prices
The reinvestment rate of US shale oil producers hit its highest level in three years in the second quarter of 2023, but the recent trajectory will not last, according to Rystad Energy research.
PGS Gets Contract Award amid Ramform Victory Scheduling Reshuffle
PGS has been awarded a 3D exploration acquisition contract offshore Africa and said a Ramform Titan Class vessel was expected to mobilize for the 4-5 month survey in the fourth quarter.
Tamboran Raises East Coast LOIs Stake to 600 – 875 TJ Per Day
TAMBORIN has upped the ante in its commitment to East Coast Gas supplies by signing non-binding Letters of Intent for an additional 90-125TJ per day (33-45 PJ per annum) with Alinta Energy and ENGIE.
New Report Accelerates Australia’s Hydrogen Powered Transport Future
A new report by CSIRO, Australia’s national science agency, and GHD Advisory calls for Australia to focus on hydrogen-powered transport – alongside electric vehicles – or risk being left behind our international counterparts.
North America to Dominate Global LNG Additions Through 2027, says GlobalData
North America will continue to dominate global LNG growth, contributing about 60% of total capacity additions between 2023 and 2027, according to data and analytics company GlobalData.
GlobalData’s latest report, ‘LNG Liquefaction Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies and Projects (New Build, Expansion, Planned and Announced), 2023-2027’, reveals that North America is expected to witness the highest capacity additions globally, by gaining a total capacity of 284.1 mtpa (million tonnes per annum) from new build and expansion projects during the outlook period.
Himani Pant Pandey, Oil & Gas Analyst at GlobalData, comments: “The US will primarily drive the LNG liquefaction additions in North America through 2027, accounting for nearly 76% of the region’s total capacity additions by 2027. S
APA Signs Agreement to Expedite Empire Energy’s Beetaloo Basin assets
APA Group has signed an initial agreement with Empire Energy to progress development of the explorer’s Carpentaria pilot project, which to connect prolific gas acreage in the Beetaloo Basin to the existing McArthur River Mine Pipeline.
Discovering the Hidden Geology of a Buried Basin
The longest deep-crustal seismic survey ever conducted by Geoscience Australia has been completed in central-western Queensland.
Former Santos COO Takes the Reins at Beach Energy
Beach Energy has appointed Mr Brett Woods as Managing Director and Chief Executive Officer (MD & CEO) from 21 February 2024 - or such other date as mutually agreed.
TTF rises 30% on LNG Strike Risks in Australia
The TTF gas price has risen 30% on Australian LNG strike risks.