CO2CRC has announced the successful completion of the safe injection of CO2 into a saline formation 1.5km below ground at the Otway International Test Centre (OITC) in Nirranda South, Victoria.
This is a major milestone in CO2CRC’s Otway Stage 3 Project which is developing next generation subsurface CO2 monitoring and verification technologies for application in commercial carbon capture and storage (CCS) projects.
The CO2 has been safely injected deep into the subsurface, marking...
CGG has announced delivery of the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt.
The ultramodern reimaged seismic data set covering over 9,300km² will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7th Production Sharing Bidding Round.
The Agata prospect is composed of...
Shearwater GeoServices has announced two transactions to take over marine seismic acquisition assets previously owned by Polarcus, from Tiger Moth AS, a company affiliated with Woodstreet Inc.
Shearwater said it had acquired streamers and related seismic equipment for a total cash consideration of USD 50 million. The company also purchased six seismic acquisition vessels for a total consideration of US$127.5 million.
The transactions are financed through a new vessel loan facility...
Melbana Energy has concluded a sale and purchase agreement (SPA) with Houston-based Fortune 500 company EOG Resources to sell its WA-488-P permit which comprises the Beehive prospect.
The deals marks EOG Resources first venture in Australia after a sale that was conducted by Melbana subsidiary Finniss Offshore Exploration and EOG’s Australian arm.
Beehive, located in around 40 metres of depth, is one of the largest undrilled hydrocarbon prospects in Australia with prospective...
French supermajor Total has declared Force Majeure on its Mozambique-led LNG plant and withdrawn all of its staff from conflict zone areas close to the construction site.
This follows the killing of dozens of people in the town of Palma in March in the northeastern part of the east African country which is a focal point for three major LNG projects worth US$60 billion.
Total said of the latest decision: “Considering the evolution of the security situation, Total confirms the...
Senex Energy has announced that third-quarter natural gas production increased by 8% in the third quarter of 2020.
The Brisbane-based gas producer said that its total production was up to 4.6 PJ during this period and peak production reached nameplate capacity in the Surat Basin of 52 TJ/day (~19 PJ/year).
This put Senex in a buoyant net cash position of $36 million at the end of the quarter and in a position to announce inaugural dividends.
Managing Director Ian Davies...
Australia’s peak body for the oil and gas industry said the announcement of $539.2 million in new hydrogen and carbon capture, use and storage projects by the Morrison Government was a massive boost for the industry and will help to further cut Australia’s emissions.
APPEA Chief Executive Andrew McConville said many of the association’s members are already at the forefront of hydrogen development and carbon capture solutions and this announcement will help accelerate development.
CGG has signed a strategic agreement to support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK (which include geothermal energy and storage sites for CO2, hydrogen and ammonia). Such projects are critical in the ongoing energy transition from fossil fuels to renewable energy systems.
CGG brings its integrated geoscience solutions to help identify and de-risk subsurface storage, sequestration and geothermal energy sites utilizing...
Halliburton has signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.
Halliburton Landmark said it would deliver Diskos 2.0 using DecisionSpace® 365 cloud services in iEnergy® – the industry’s first E&P hybrid cloud.
“The cloud native services are Open Subsurface Data Universe™ compliant and provide high quality data,...
Equinor is introducing autonomous ATEX-certified robots for inspection and maintenance on their oil and gas installations.
The partner in the project is inspection robotics specialist Taurob of Austria. Its robot will be used to conduct routine inspection and maintenance tasks on offshore installations.
Taurob initially developed robotics for human safety, particularly in emergency response situations, 11 years ago. Safety is also the main driver for the energy...