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Osaka GAS LNG Receiving Terminal

Osaka Gas signs Taiwan LNG receiving terminal deals

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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...

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PESA WA SHORT COURSE – Elements of Chemostratigraphy by Chemostrat

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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...

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CGG GeoConsulting Launches Robertson New Ventures Suite to Accelerate Exploration Efforts

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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,...

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East coast gas prices could rise 30 percent in five years

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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...

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Dr Fraser Bransby appointed Fugro geotechnics chair at UWA

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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...

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ADNOC announces US$45 Billion investment to become leading lobal Downstream Player

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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...

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Young Professionals in WA

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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...

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CGG Launches new MotionMap UK National Ground Stability Database

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CGG’s NPA Satellite Mapping group has unveiled its new MotionMap UK product for companies involved in asset management, large engineering projects, property conveyancing, insurance disputes and risk management. In a media release CGG said the UK’s geological setting, mining legacy and engineering heritage has led to substantial changes above and below ground. From subsidence and heave across coal fields in the Midlands, to tunnelling-related ground settlement in London, the impact on...

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$46.3bn will be spent on Southeast Asia’s upstream capex by 2020

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An average capital expenditure (capex) of $17.8bn per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData, a leading data and analytics company. Capex on Southeast Asia’s traditional oil projects will add up to $8.3bn over the three-year period, while heavy oil fields will require $1.7bn over the same period. Investments into gas projects in Southeast Asia will total $43.4bn in upstream capex by 2020. Jonathan Markham, Oil &...

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BP Commits to Sell Gas to Alaska LNG Project

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The Alaska LNG Project has reached a "historic milestone" as BP Alaska and Alaska Gasline Development Corporation (AGDC) announced the parties have agreed to key terms of a Gas Sales Agreement, including price and volume. The terms are captured in a Gas Sales Precedent Agreement which was signed on May 4, 2018. In a statement Alaska Gas Development Corporation said both the parties anticipate finalizing a long-term gas sales agreement in 2018 for AGDC to purchase BP Alaska’s share of...

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