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The Australian Petroleum Production and Exploration Association has welcomed the release of data that highlights nation-wide benefits flowing from Australia’s oil and gas industry.
This follows an APPEA member survey reflecting widespread economic benefits from the sector.
“The economic footprint of the oil and gas industry goes far beyond its production wells and eight liquefied natural gas (LNG) plants. Oil and gas is not ‘just’ a resources industry – the industry supports...
Brazilian regulator approves Karoon’s Santos basin development plans
Karoon Gas has stepped into the development and production phase for the Echidna and Kangaroo light oil fields off Brazil, as a direct result of approval from the country’s regulator for the fields’ Declaration of Commerciality.
The Kangaroo and Echidna discoveries are located in the Santos Basin for which Karoon has received ANP approval of the Final Discovery Evaluation Report (RFAD) for wholly owned Santos Blocks S-M-1037, S-M-1101, S-M-1102, S-M-1165 and S-M-1166 along with a...
Safehouse Habitats acquires ESPRAT group of companies
Perth-based Safehouse Habitats and its UK-based parent, Starn Group, have successfully completed the acquisition of the ESPRAT group of companies based in Australia and Malaysia.
Safehouse said this latest expansion would extend the existing Starn footprint in these territories and strengthens its position in the region by providing a platform to further develop the Malaysian market for Safehouse habitats, and to provide the gas detection and related services of another Starn business,...
Osaka Gas signs Taiwan LNG receiving terminal deals
OSAKA, Japan - Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas) has entered into an agreement to provide consulting services for the construction of LNG receiving terminals on behalf of CPC Corporation, Taiwan (CPC) and Taiwan Power Co., Ltd. (TPC) respectively.
OGE said for CPC’s third LNG receiving terminal construction project, it will conduct Front End Engineering & Design (FEED) and provide technical consulting services on regasification...
PESA WA SHORT COURSE – Elements of Chemostratigraphy by Chemostrat
May the Fourth Be With You!
Friday, 4 May was not only a great day to celebrate the Star Wars Day, but it was also the first time a Chemostrat open-training session had been made available in Perth. This short course was hosted by PESA WA Branch, and we acknowledge and thank Carnarvon Petroleum for generously sponsoring the students who attended the course.
It was well attended with major O&G companies, state government, service companies and academia all represented. Chemostrat has...
CGG GeoConsulting Launches Robertson New Ventures Suite to Accelerate Exploration Efforts
CGG GeoConsulting has launched the Robertson New Ventures Suite, an integrated and digitally transformed family of exploration-focused geoscience tools and databases that the company says will offer clients a “competitive edge in global new ventures screening and frontier exploration”.
The six core products of the Robertson New Ventures Suite are Basins & Plays, Geochemistry, Plate Kinematics, Predictions, Provenance and Analogues.
“Built on the trusted brands of Tellus, Frogi,...
East coast gas prices could rise 30 percent in five years
Wood Mackenzie forecasts Australia's East Coast gas prices to rise up to 30 percent to between A$10 and A$13 /per gigajoule by the mid-2020s.
The company concluded from a recent study that it was no surprise gas prices in the East Coast have jumped up over the last three years, a situation driven primarily by declining cheap gas supply from the Cooper Basin and offshore Victoria. New gas supply sources are also proving far more expensive to develop than the cheap legacy supply sources...
Dr Fraser Bransby appointed Fugro geotechnics chair at UWA
Dr Fraser Bransby has been appointed Fugro chair in geotechnics at the University of Western Australia’s Oceans Graduate School.
Dr Bransby has worked across academia and industry, most recently at Fugro AG Pty Ltd.
After obtaining his PhD in soil mechanics from the University of Cambridge, he spent time in university geotechnical research and in industrial consultancy before joining Fugro.
Having established the Fugro chair in geotechnics in 2014, UWA and Fugro developed a...
ADNOC announces US$45 Billion investment to become leading lobal Downstream Player
The Abu Dhabi National Oil Company (ADNOC) has unveiled plans to invest US$45 billion with partners over the next five years to become a leading global downstream player.
The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The event brought together more than 40 CEOs and 800 senior business leaders from the global oil and gas, energy, petrochemical and finance industries, as well as many other sectors.
Building on the existing...
Young Professionals in WA
In early April, PESA WA Young Professionals in collaboration with ASEG WA organised the first “Young Professionals Speakers' Night.” The aim of these nights is to encourage the lesser experienced geoscientists to present their work in a welcoming environment and assist their public speaking skills.
We were fortunate to have Amy Millar from Buru Energy present her work, titled “Ungani Oil Field, Canning Basin – Evaluation of a Dolomite Reservoir” which won the Best Oral...