Harvester Energy (UK) Ltd, a wholly owned subsidiary of Harvester Energy Pty Ltd, has been awarded two blocks in the North Sea with confirmed oil reserves ideally suited to the company’s patented small-field development system.
Industry
Shearwater Awarded Seismic Survey for UK Carbon Capture and Storage Project
Shearwater has been awarded a contract for advancing Carbon Capture and Storage (CCS) capabilities in the United Kingdom by Spirit Energy.
CGG Aims to hit high notes with Hydrogen
CGG, which now calls itself “a global technology and Earth science leader”, has commenced a worldwide natural hydrogen screening project with industry support.
India ranks second in LNG regasification capacity additions in Asia through 2027, forecasts GlobalData
India is set to register the second highest LNG regasification capacity additions in Asia between 2023 and 2027, accounting for about 22% of the region’s total capacity additions by 2027, forecasts data and analytics company GlobalData.
Global Gas Hubs Still Seeing Red Despite Red Sea Attacks
Red Sea tensions could significantly impact Europe’s LNG deliveries, but a TTF price jump was short-lived as fundamentals keep gas prices muted.
Tamboran Making Progress on Key Pipeline Agreements with APA Group
In an update to the market, Tamboran Resources Managing Director and CEO, Joel Riddle, said he was “excited" to progress a June 2023 Letter Agreement with APA Group into binding early development and partnership agreements that support the development of Tamboran’s Beetaloo Basin assets in the Northern Territory.
Gas sector Delivers Supply as ACCC Issues Wake-Up Call For Governments
Australia’s gas industry has fulfilled its commitment to the domestic market as the Australian Competition & Consumer Commission (ACCC) again warns governments of the need for new gas supply to avoid east coast shortfalls in coming years.
Oil and Gas Industry Thanks Outgoing WA Minister Bill Johnson
Western Australia’s oil and gas sector has thanked outgoing Minister for Mines and Petroleum; Energy; Hydrogen Industry; Industrial Relations Bill Johnston MLA, for his strong support and commitment to the industry.
Ready for the Downhill Run?
For the past nine calendar years, every year, Australia has seen a new production record, but the streak will end in 2023, and it’s unlikely we will see another record.
Tepid Demand and High Storage Levels Keeping Natural Gas Prices Down
Rystad Energy’s Gas and LNG Market Update from Senior analyst Lu Ming Pang has revealed a slump in Title Transfer Facility (TFF) prices.