BY Max Williamson FCA, FGov, FFin, FCPA
PESA Gazette
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Oll and Gas Industry Embraces Robots for Increased Efficiencies
With the applications of robotics continuously evolving, the oil and gas industry has emerged as a significant adopter of the technology to improve safety and efficiency of operations.
Robots equipped with advanced technologies are yielding increasingly positive results, bringing a continued transformation in the operations of oil and gas companies, says GlobalData, a leading data and analytics company,
GlobalData’s latest thematic report, “Robotics in Oil and Gas,” highlights...
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MOL and Turkish Petroleum Team up for Exploration
MOL Group has signed a Memorandum of Understanding with Turkish Petroleum Corporation in Istanbul to cooperate as strategic partners in the exploration and production of hydrocarbons. The companies agreed to elevate their cooperation to a new level after successful international joint projects to potential partnership in exploration in Türkiye and further potential projects in other regions.Under the Memorandum of Understanding (MoU), MOL Group and Turkish Petroleum have expressed their... |
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Beach Announces CCS start-up at Moomba
Beach Energy said it was pleased to announce successful commissioning and ramp-up of the Moomba Carbon Capture and Storage (CCS) project1, one of the world’s largest CCS projects.
All facilities, pipelines and injector wells have been commissioned and brought online. Following first CO2 injection on 30 September 2024, daily injection has reached capacity rates, exceeding expectations for the commissioning phase and indicating the project’s potential to capture and store...
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From Russia with Oil … As Yet
By Eugene Kharkutov and Ellen Starostina
The history, current state and prospects of development of the Russian oil market and its world impact are considered and analysed. The author uses methods of systematic and comparative analysis in the context of the global, and Mideast oil industry. The main conclusions of the article are that, despite the imposed sanctions, the highly motorized market of Russia performs so far quite well and will adapt a wider use of domestically produced...
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PESA Horstman Federal Postgraduate Scholarship Winner’s Circle
Federal Programs and Scholarships Sub-Committee
By Bonnie Lowe-Young
As part of PESA’s ongoing program to foster and encourage subsurface energy geoscience research and education in Australia, PESA has annually offered Federal Postgraduate Scholarships to support PhD or Masters students undertaking geoscience research relevant to the exploration, development or production of energy resources in Australia. In 2019, the Federal PESA Postgraduate Scholarship was renamed the Horstman...
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Editorial Correction: Searcher acquires new 3D seismic in the Gulf of Papua
Contrary to information that has been incorrectly published recently in PESA News, reporting the new acquisition of seismic data in offshore Papua New Guinea (PNG) by Shearwater, the Nanamarope Non-Exclusive 3D Marine Seismic Survey was actually acquired by Searcher, utilising PXGEO's Seismic Research Vessel (SRV) PXGEO 2. The survey was acquired between May and June 2023, with final processing deliverables released in March 2024.
The acquisition of the Nanamarope survey adds to...
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Viridien selected to support technology-driven mineral exploration program in Oman
Viridien has been awarded a comprehensive remote sensing program by Minerals Development Oman (MDO),in the Sultanate of Oman, to identify, map and rank mineralization prospectivity potential across seven concessions, covering a total area of 16,000 km².
Following a series of remote sensing programs conducted to support mineral exploration initiatives, Viridien said it was now pleased to aid the strategic development of Oman's mineral resources led by MDO.
Viridien's...
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PESA women eligible for Leadership Scholarships
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/
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Tamboran Declares 2024 ‘one for the memoirs’
Tamboran has reflected on four key milestones as it charts its course towards future gas supplies to the eastern states, Asia and the Northern Territory.
The ASX and NYSE-listed explorer revealed:
That the year to June 2024 was one in which Tamboran kicked key goals by:
- Achieving the highest flow rates from the Betqloo to date from the Shenandoah South 1-H well
- Secured funding of $82 million (pre costs) for Tamboran’s Beetaloo Drilling progrqmv
Via the...