Shell Australia has submitted an environment plan to NOPSEMA for development drilling on the Crux natural gas field, off the coast of Western Australia.
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Revenue is Up for Beach but Reserves and Production Wane
Beach Energy’s revenue climbed 13% to $1.8 billion on the back of soaring oil and gas prices, but the company delivered lower production figures after a Western Flank downgrade had significantly diluted the company’s value.
ACCC Says LNG Exporters Must Divert Gas to Domestic Market to Avoid Shortfalls
The ACCC’s July 2022 Interim gas report has forecasts that the east coast of Australia could face a shortfall of 56 PJ in 2023 with the Gas Inquiry interim report indicating that 2022 could see a 2PJ shortfall.
DMIRS’s Co-Funded Incentive for Smarter Seismic Opens in WA
THE DMIRS’s Energy Analysis Program has opened for companies seeking funding incentives to unveil better resolution and understanding of petroleum and geothermal systems in Western Australia.
Closing Door on Green Gas Options Could Prove Costly to ACT Customers
The ACT’s Gas Transition Pathway will deny customers choice of energy supply, may cost them more in power bills and will remove the low-cost opportunity to utilise existing infrastructure to decarbonise gas.
CGG and bp Sign Multi-Year Data Transformation Agreement
CGG has announced a major multi-year global data transformation and curation agreement set to play a key role in supporting bp’s Subsurface digital strategy.
Wood Appointed Owner’s Engineer for Strike’s Fertiliser Plant in WA
Wood has been appointed as owner’s engineer for the delivery of Project Haber, Strike Energy’s $3bn 1.4mtpa urea fertiliser production facility to be built in Western Australia.
Surging Global Oil and Gas Demand Boosts Subsea Production
Subsea technology has been witnessing substantial growth lately as a spinoff off soaring oil and gas prices.
NextDecade Announces LNG Sale and Purchase Agreement with ExxonMobil
NextDecade has announced the execution of a 20-year sale and purchase agreement with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
PGS Wins Contracts in Australia and Indonesia
PGS has been awarded a significant 3D exploration acquisition contract offshore Indonesia by a major energy company.