Subsea technology has been witnessing substantial growth lately as a spinoff off soaring oil and gas prices.
Industry


Diluted China Exports … but Record LNG Cargoes Shipped from Australia
China lost its position as Australia’s top LNG export destination in FY 2022 with 25.0 Mt (38%) of Australian export volume, less than 28.3 Mt (41%) in FY 2021.

Industry says ‘Charity Begins at Home Mr President’ and the Energy Solution is Stateside
As Air Force One touched down in Jeddah and Joe Biden met Saudi Prince Mohammed Bin Salman “cap in hand” last week to plead for more oil to global markets, the American Exploration and Production Council had some sage advice for the United States President.

High Hopes for Hydrogen in Victorian Gas Substitution Roadmap
The Victorian Government is being urged to provide support for efforts to decarbonise gas.

CSIRO Launches Virtual Hydrogen Knowledge Centre
An online centre consolidating Australian hydrogen research and industry activities has been launched by CSIRO aimed at supercharging the development of a clean and competitive hydrogen industry.

Biden Call for Oil Companies to Cut Prices Stirs a Hornet’s Nest in the USA
The White House has crossed swords with the US Oil & Gas Association after President Joe Biden tweeted that oil companies should “simply bring down the price you are charging at the pump”.

Resources Employers Working Hard to Eliminate Harassment
Australia’s resources and energy employers are working vigorously to eliminate sexual harassment from the industry, the Australian Resources and Energy Employer Association (AREEA) has affirmed.

Oil and gas Royalty Billions Double in Big Boost to QLD Budget
Australia’s oil and gas industry will deliver almost $6 billion of royalties to the Queensland Budget over the next five years, providing a direct benefit to the community from Queensland’s LNG export projects.

Qatar Guns for Global Gas Hegemony with TotalEnergies LNG Expansion partnership
QatarEnergy has selected France’s TotalEnergies as its first international partner in the North Field East LNG expansion project, as the Gulf State steps on the gas to monopolise global supplies.

Microfossils from Earliest Land Plants Provide Clues About Australia’s Petroleum Potential
Microfossils derived from the earliest land plants and extinct marine groups have been recovered from 42 samples taken from the Barnicarndy 1 well, drilled in partnership with the Geological Survey of Western Australia in the onshore Canning Basin in Western Australia.
