Partial scholarships are up for grabsfor women in the Energy and Utilities Industry ranging from $1,000 to $6,000per person, for one of four leadership and workplace skill development programs.
These scholarships are aimed at encouraging more women to increase their impact at work, progress their career, and step into leadership roles.
Registrations of interest close on Friday 29 November 2024. Via our website: https://www.wla.edu.au/industry/energy/
For OPEC, it is a great honour to launch the World Oil Outlook (WOO) 2024 in Brazil. The country’s comprehensive and inclusive approach to energy issues has been on display through its G20 presidency in 2024, and will no doubt be central to its hosting of COP30 in 2025. This stance is fully in line with OPEC’s development of its WOO, as well as the Charter of Cooperation between OPEC and participating non-OPEC countries, a voluntary framework for dialogue and a platform for multilateralism.
This year’s WOO provides governments, policymakers and people around the world with realistic and sustainable future energy pathways.
New Fortress Energy,s’s first Fast LNG (FLNG) asset, FLNG 1 – comprising three repurposed jack-up rigs off the coast of Altamira – has had its first full LNG cargo fully loaded onto the Energos Princess, which setsail for Europe. This comes less than two months after completing the first cargo load and sail operation.
“This is a significant milestone for our Fast LNG installation.
The Bayu-Undan Joint Venture (BUJV) participants and TIMOR GAP have executed a Sale and Purchase Deed (SPD) to transfer a 16 per cent interest in the Bayu-Undan upstream project to TIMOR GAP, with an economic date of 1 July 2024. Completion of the SPD is subject to customary closing conditions.
Under the terms of the SPD, TIMOR GAP participates in the BUJV for the remainder of the economic life of production. As previously announced, the Production Sharing Contract (PSC) for Bayu-Undan will terminate at the earlier of 30 June 2026 or upon cessation of production.
The Bayu-Undan upstream project comprises the offshore petroleum field, and offshore production and processing facilities located in Timor-Leste.
The Australian Resources & Energy Employer Association (AREEA) was pleased to announcethat ExxonMobil Australia President Simon Younger has joined its Board of Directors.Mr Younger is vastly experienced in the oil and gas sector.After graduating as an engineer and starting his career with Esso Australia in 1997, he has held a variety of roles with ExxonMobil affiliates in Australia, the United States, Qatar and Nigeria.In 2020, Mr Younger became Senior Vice President Upstream for Canada’s Imperial Oil Limited,majority-owned by ExxonMobil.AREEA Chief Executive Steve Knott AM said Mr Younger would be an outstanding addition to the national employer group’s Board of Directors.
OMV Norge, a Norwegian subsidiary of Austrian OMV, has made a new gas discovery in a wildcat well off the coast of Norway with the Transocean semi-submersible rig Norge.
OMV, is the operator of PL 1194, and drilled the wildcat well 6605/6-1 S in the Norwegian Sea targeting the Haydn/Monn exploration prospects, which led to a discovery with estimated recoverable volumes between 30 and 140 million boe.
Located 300 km west of Norway in water depths of 1,064 meters, the gas discovery is located approximately 65km from the Polarled pipeline and the Aasta Hansteen field.
Viridien has announced the start of the Laconia 3D OBN multi-client seismic program in the US Gulf of Mexico.
Covering 330 OCS blocks in the Garden Banks and Keathley Canyon protraction areas, the project is supported by industry funding. Acquisition started in July 2024 with the delivery of initial products scheduled for Q2 2025.
To improve the resulting images and subsurface information, Viridien said this survey will record extra-long-offset full-azimuth OBN data and utilize the Sercel TPSTM (Tuned Pulsed Source), an innovative environmentally friendly low-frequency marine seismic source.
Australia could unlock up to $600 billion in revenue by creating a carbon capture and storage (CCS) industry and becoming a storage hub for the Asia-Pacific region, according to a leading global energy research firm, Wood Mackenzie.
In an article published in the 2024 Australian Energy Producers Journal, Wood Mackenzie emphasised that Australia’s CCS opportunity is rooted in facilitating other countries’ net zero ambitions.
According to the article, Australia has far higher geological CO2 storage potential than it needs to store emissions from its power generation and industrial sectors from 2030 to 2050.
Meanwhile, Australia’s key trading partners such as Japan and South Korea have limited opportunities to store all their emissions domestically and are looking for regional storage sites to support their net zero goals.
What a fantastic week it has been.
Full of compelling, informative and thought-provoking presentations and conversations.
Congratulations to all our award recipient, too. There is some outstanding work being done across our industry, and it’s great to acknowledge and celebrate it.
As our 2024 conference comes to close, we have much to reflect on, and much to be proud of.
I have been encouraged to see this week, throughout the conference – in the plenary sessions, the technical presentations, the conversations on the exhibition floor – that the optimism I have for the future of our industry is shared by so many of you.
The Australian Natural Hydrogen Conference will take place at the Adelaide Hills Convention Centre from October 29-31 and organisers are calling for papers to enrich the narrative about this fast emerging and fascinating energy source.
Natural hydrogen is emerging as potentially one of the most abundant and cost-effective forms of hydrogen and has a key role in the world’s drive to carbon zero.
Australia has been one of the early movers and recent discoveries here have led to important understanding by innovative thinkers – and the Australian Natural Hydrogen Association (NH2A) wants to ensure that knowledge is widely shared.