Australia’s oil and gas industry says the green light for developing the Northern Territory’s Beetaloo Basin will support thousands of new jobs, deliver millions of dollars investment in regional communities and boost the nation’s east coast energy security.
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‘New Gas Supply Investment Acknowledgement Fails to Adequately Address Investor Uncertainty’
APPEA says the release of the proposed mandatory code of conduct recognises the critical need for investment in new gas supply to avoid future shortfalls in the east coast domestic market and to put downward pressure on gas prices for consumers.
Shearwater GeoServices Awarded 4D Geophysical Monitor Survey in Cote d’Ivoire
Shearwater is pleased to announce the award of its first 4D survey contract in Cote d'Ivoire.
‘India to lead Midstream Oil and Gas Project Starts in Asia’, with 129 projects planned during 2023-2027
India is likely to witness the start of operations of 129 midstream oil and gas projects from 2023 to 2027, accounting for 32% of the total upcoming midstream project starts in Asia by 2027, says data and analytics company GlobalData.
Renewable Gas Target Could Supercharge Hydrogen
Australia’s potential to be a global hydrogen leader, recognised in the 2022 State of Hydrogen report, could be supercharged with the introduction of a national renewable gas target, Energy Networks Australia Acting CEO Garth Crawford said.
Sercel Sells 20,000 WiNG Seismic Nodes in North America
Sercel has announced the sale of 20,000 WiNG seismic acquisition channels to MKS Consulting, a global geophysical equipment consultancy and leasing specialist.
Increasing Exploration and Production Activities Lifts Demand for Oilwell Completion Tools Market
The Growing Importance of Artificial Lift Systems: Artificial Lift Systems (ALS) are becoming increasingly important in the oil and gas industry, as they help in increasing the production rate of oil and gas wells.
Another $100B of Tax Investment Forecast from LNG Projects After $400B Investment
State and federal governments will benefit from $100 billion in taxation receipts from gas export projects over the next two decades, helping fund public services and infrastructure including roads, schools and hospitals.
CGG and Paragon Collaborate on Carbon Sequestration in North America
CGG has signed a Memorandum of Understanding (MoU) to combine their respective capabilities in support of energy transition customers and, more specifically, add value to the development, operation, and monitoring of carbon sequestration sites in North America.
Gas Hydrates Market to Surpass US$4,350 Million by the End of 2033
The global gas hydrates market is expected to register substantial growth at a CAGR of 5.4% from 2023 to 2033. The global market is anticipated to be valued at US$ 2,571.2 million in 2023. It would further reach a valuation of US$ 4,350.5 million by the end of 2033. The global gas hydrates market was valued at US$ 2,455.1 million in 2022. The growth of the market is primarily driven by significant growth in end-use applications.