Beach Energy announced on 17 October the successful commissioning and start-up of the Moomba Carbon Capture and Storage project.
All facilities, including five injection wells, CO2 dehydration and CO2 pipelines have been brought to capacity. The project is targeting capture and storage of 1.7 million tonnes of CO2 per annum in depleted Strzelecki and Marabooka field reservoirs.
Final Investment Decision for the project was announced in November 2021 and 60% completion was reached in...
An airborne gravity survey across southern and eastern Victoria has been completed by Sander Geophysical.
The airborne survey was collaboratively organised through Surveyor-General Victoria within the Department of Transport and Planning (DTP), Geological Survey of Victoria within the Department of Energy, Environment and Climate Action (DEECA) and Geoscience Australia (Commonwealth Government).
The objective of the survey was to collect consistent and evenly distributed gravity...
Viridien and its partners TGS and Aquila Holdings (under its subsidiary Axxis Multi-client AS) have announced the completion and delivery of the reprocessing of the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea.
Viridien said it had reprocessed the resulting data set with its latest OBN imaging technologies, including time-lag full-waveform inversion, and advanced velocity model building techniques, to yield "significant improvements in image resolution and...
Shearwater Geoservices has been awarded a large 3D seismic survey by PETRONAS in Suriname. The project, covering 6,000 square kilometres, marks the continuation of Shearwater’s commitment to PETRONAS in this frontier area having previously performed acquisition work in Block 52.
The Amazon Warrior has been allocated to the three-month project, commencing in Q4 2024.
“High-quality seismic data is a key enabler for unlocking the vast resource potential of the...
Gina Rinehart, Australia’s richest woman and probably the country’s richest person, is putting her money on a gas future by acquiring MinRes’s onshore oil and gas assets in the Perth and The Carnarvon Basins for $1.1 billion.
A s part of the binding Sale and Purchase Agreement Hancock Prospecting will acquire 100% ownership of MinRes's Exploration Permits 368 and 426 in the Perth Basin, with two Joint Venture Agreements established for the remaining onshore Perth Basin and...
Petrobras has made a final investment decision (FID) to expedite the second development phase of two oil fields in the pre-salt Santos Basin off the coast of Brazil.
Petrobras’ FID for the second development phase of the Atapu and Sépia fields enables Seatrium to. proceed with two newbuild contracts, valued at approximately S$11 billion ($8.15 billion), for the construction of the FPSOs P-84 and P-85. Petrobras holds a 65.7% stake in the shared reservoir of Atapu with Shell (16.7%),...
The Australian oil and gas sector’s leadership in carbon capture, utilisation and storage (CCUS) - a key emissions reductions technology - is set to be showcased on the world stage.
Australian Energy Producers is pleased to announce it will co-host the world’s leading CCUS conference in Perth in 2026, in partnership with the CSIRO, CO2CRC and the Department of Climate Change, Energy, the Environment and Water.
The Greenhouse Gas Control Technologies (GHGT) Conference, run by the...
Analysis shows US$78 trillion needed to achieve net zero and 1.5 C warming scenario
A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s ‘Energy Transition Outlook’ report, a milestone assessment of the global journey towards a lower carbon future.
The new report analyses four different pathways for the energy and natural resources...
TotalEnergies has announced that the Harald East Middle Jurassic nearby exploration well (HEMJ-1X) has discovered additional gas condensate resources in the Harald field, in the Danish North Sea.
Located in shallow waters, 25km off the west coast of Denmark, the HEMJ-1X well was drilled in the Eastern part of Harald field and encountered 48meters of net gas condensate pay in a good quality reservoir.
The HEMJ-1X well will be immediately connected to the Harald platform and is expected...
Queensland’s oil and gas industry congratulates Premier David Crisafulli and looks forward to working with the incoming LNP Government on the sector’s strategic plan for economic and energy security.
The gas sector is a major contributor to the Queensland economy, delivering around $1.4 billion in government revenue each year and supporting 67,600 Queensland jobs. In 2023-24, the industry spent $3.9 billion with 3,477 Queensland businesses, predominantly in regional parts of the...