Victoria’s proposal to phase out some gas appliances in existing connected homes and businesses ignores the fundamentals of the energy transition and robs consumers of choice and competition.
Australia’s oil and gas industry today welcomed news that homes and businesses would not have to replace popular gas stovetops with electrical appliances under the state’s net zero road map.
However, the sector has called for the State Government to reverse a new edict forcing residents and...
The New Zealand Parliament passing a law facilitating construction of a LNG terminal to provide a flexible fuel supply for shortages in dry years has been accompanied by a pledge to rescind the Labour Party’s 2018 ban on new fossil fuel exploration.
In spite of the new National-led Government’s determination to revitalise the New Zealand gas sector, it will take years for any new supply to come online which has complicated the issue of where the yet to be constructed regasification...
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...
The PESA WA Branch hosted a successful luncheon on August 15, 2024, at the Parmelia Hilton in Perth.
The event began with welcoming remarks from Matthew Docherty, followed by a significant announcement from PESA President Helen Debenham, who proudly revealed the winner of
the 2024 Survey. This annual survey is a testament to PESA’s dedication to recognizing excellence and innovation within the petroleum exploration and geosciences field.
The highlight was a presentation by Adam Craig,...
Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary energy demand, which is projected to exceed 650 exajoules (EJ) in the coming years. Rystad Energy estimates that by 2030, more than 75% of total demand will be met by fossil fuels, with emissions climbing as a result. A significant portion of these emissions will originate from upstream activities,...
Under the brilliant leadership of the PESA SA/NT Branch Vice President, Paul Strong, 2024 has seen the regular monthly lunchtime meetings continue with a smorgasbord of topics which are highly recommended for other branches and webinars.
July 2024 – Markus Häring,who recently returned to Adelaide to retire, spoke on Exploration for radioactive waste repositories near urban areas. Safe long term storage of nuclear waste is required even in countries without nuclear power plants....
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...
Melbana Energy’s Duncan Lockhart presented to an enthusiastic crowd of energy
geoscientists (and prospective Melbana Energy shareholders) at the PESA (Qld) Branch’s
May 2024 technical luncheon and Annual General Meeting.
Duncan presented the results of Melbana Energy’s Amistad-1 discovery well, which
recovered oil from three separate reservoirs and flowed >1900bopd from Unit 1B in 2023.
Duncan also walked the luncheon attendees through the company’s next planned steps in
Cuba,...
Ford’s announcement in August that it would be shifting its focus from all electric vehicles to hybrid models has changed the gears of the world’s energy dynamics with other carmakers hinting at the possibility of adopting similar strategies.
“As the global leader in pickup trucks, we are future proofing this valuable franchise across all sizes with hybrid, electric and other electric propulsion giving individual customers and businesses choice based on how they used their...
PESA (Qld) Branch committee member and Santos Geologist, Katherine (Kat) Gioseffi, was the successful recipient of a PESA Meritorious Service Award (MSA) for 2024 in recognition of her unwavering passion for energy geoscience and her dedication to increasing society participation among early-career graduates.
Kat, who received her MSA at the Australian Energy Producers Conference and Exhibition in Perth in May, was nominated by the PESA (Qld) Branch in recognition of her steadfast...