The CCUS Network Australia is hosting its next webinar on Wednesday 19 February 2025 at 11am (Perth time). In this installment of the CCUSNA Webinar Series, Julian Cheng, Partner at Gilbert + Tobin, will talk about "Navigating the Tax Landscape for CCS Projects".
Abstract:
This presentation will cover key tax considerations relevant to CCS projects including:
The New Zealand government is currently proposing a series of changes to the “Crown Minerals Act 1991” including:
The proposed amendments...
PESA members (make sure you are logged in) can access a 10% discount on registration to the upcoming Australian Energy Producers Conference & Exhibition in Brisbane from 26–29 May 2025.
Just click here
Under the theme ‘The Energy Edge | Innovation, Opportunity, Security’, the conference will set the platform for the essential discussions, debates, and knowledge sharing to explore the challenges and opportunities shaping our industry.
Australia has the resources to be a global...
Santos announced in it’s fourth quarter report, that the Barossa project is 88.3% complete and still on track for first production in 2025. The second and third wells of the six-well program have been completed with good results, both the fourth and fifth wells have been spudded.
The project consists of up to eight subsea wells and a subsea production system bringing gas and condensate to an FPSO. Water, gas and condensate will be separated at the FPSO with gas transported via an...
On 21 January 2025, Carnarvon Energy announced that the Santos operated Dorado Phase 1 liquids development will not enter FEED and hence the previous target of FID in 2025 will be deferred.
The Dorado Joint Venture of Santos (80% and operator), Carnarvon (10%) and CPC (10%) are continuing to review the timeline for the project with additional exploration wells within the permit planned for 2026.
Flaring emissions from global upstream oil and gas production activity increased by 7% from 2022 to 2023, according to latest Rystad Energy research. Upstream activities emit about 1 gigatonne per year of carbon dioxide (CO2) in total, with flaring contributing around 30% of those emissions in 2023 assuming 98% flaring efficiency on average. Flaring reduction is considered a low-hanging fruit for oil and gas companies trying to reduce their carbon footprint. However, this recent uptick...
Beach Energy said it was pleased to announce successful commissioning and ramp-up of the Moomba Carbon Capture and Storage (CCS) project1, one of the world’s largest CCS projects.
All facilities, pipelines and injector wells have been commissioned and brought online. Following first CO2 injection on 30 September 2024, daily injection has reached capacity rates, exceeding expectations for the commissioning phase and indicating the project’s potential to capture and store...
By Sue Slater and Sarah Harris
On the first Friday of December, the Queensland Branch has held its annual Christmas Lunch at Brisbane’s Stamford Plaza, MC’d by Sue. A great day was had by all attendees.
Thanks to all our loyal sponsors, we couldn’t run this event without them. Velseis Seismic, Oceania Geo, Realtime Seismic and Comet Ridge, with lucky door prizes provided by Terrex Seismic. The annual oil price was sponsored by Clean Planet and won by Mike Bucknill and the...
Finder underwent a transformational change from a pure explorer to a developer through the acquisition of discovered oil fields in Timor-Leste. Finder is now moving quickly to progress development activity on the Kuda Tasi and Jahal Oil Fields.
Aaron Bond (Exploration Manager) said: "We are busy working through our commitments and developing our organisation to establish the requirements of an early production opportunity and a full field development. Currently the project is in...
A review and summary by Steve Moss
Geoenergy is a new journal co-owned between the Geological Society and the European Association of Geoscientists and Engineers (EAGE) that was established in 2023 (Geoenergy Home). The journal is dedicated to the publication of non-hydrocarbon energy geoscience and engineering research. In a similar fashion to its stable-mate journal, Petroleum Geoscience, Geoenergy focuses on the publication of timely and topical research in subsurface geoscience,...