DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure have formed the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonisation solutions to hard-to-abate CO2 emitters.
Latest News
Still Bearish Despite LNG Disruptions, Cold Snap, Says Rystad Energy’s Gas and Market Update
Wei Xiong
Senior Analyst
Despite freezing temperatures in Northwest Europe and delivery disruptions at Australia Pacific LNG due to vessel outages, Title Transfer Facility (TTF) prices were down 8.7% to $13.71 per million British thermal units (MMBtu) on 28 November from the previoius week’s highest level.
Ongoing bearish sentiment is due to a muted gas demand outlook and ample inventories in the northern hemisphere.
Underground gas storage facilities in Europe were 97.4% full at 111.98 billion cubic meters (Bcm) as of 26 November, compared to the five-year midpoint at 98 Bcm, despite the start of net withdrawals in early November.
PGS and TGS Shareholders Approve Merger Plan
TGS and PGS jointly announced that their respective boards of directors have unanimously approved and decided upon a definitive merger agreement in line with terms previously announced.
WA Golf event 2023 – The vines
The annual ASEG-PESA golf classic event was held on 24th November in scorching temperatures at the Vines golf resort in the Swan Valley. 112 golfers turned out to compete for glory and prizes.
We are happy to announce that the results were:
Team Winners
1st – Marcel Rive, Jeromy Depledge, Damien O’Rourke, Vincent Ganivet
2nd – Andrew Watts, Rafi Jerejian , Zac McCarrey and Bow Kocijan
3rd – Nick David, Paul Rheinberg, Brian Sharp, Karl Perry.
Individual Winners
$20,000 Hole in one Nearest to Pin sponsored by Xcalibur – Marcel Rive
Nearest to Pin (Charity Hole) sponsored by Searcher – Jeromy Depledge
H2SITE and Gold Hydrogen Sign MoU for Natural Hydrogen Pilot Plant on the Yorke Peninsula
H2Site and Gold Hydrogen have signned a MoU to develop a natural hydrogen pilot plant on the York Peninsula,
APA and Santos sign MOU to Explore Development of Potential CCS Pipelines
APA Group has signed a Memorandum of Understanding (MoU) with Santos to explore the development of potential Carbon Capture and Storage (CCS) pipelines for their Moomba CCS facility.
Petrobras and Shearwater Enter Collaborative Agreement to Reshape Seismic Exploration and Field Developments
This multi-year strategic partnership is set to evolve the seismic industry to new levels of performance.
New Gas Supply Needed in all Net Zero Pathways: EY report
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.
Tamboran Starts Stimulation at SS-1H
Tamboran has commenced stimulation activities at the Shenandoah South 1H (SS-1H) well pad within its 38.75 per cent owned and operated EP 117 permit.
The program, which is planned to include 10 stimulation stages over a 500-metre (1,640-foot),horizontal section within the Mid-Velkerri B Shale, is expected to be completed in December.
The campaign is being conducted by Condor Energy Services.
On completion of the stimulation campaign, production tubing will be installed ahead of the flowback of stimulation fluid and gas breakthrough.
Tamboran expects to release 30-day initial production (IP30) flow rates in the first quarter of 2024, subject to weather conditions and the timing to flow back stimulation fluid to achieve gas breakthrough.
CGG to Acquire 8,000 km of Multi-Client Data Offshore Malaysia
CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia.
Located in the Malacca Strait, the project has received industry funding and will deliver early products in December 2023 and final results in August 2024.
Experts at CGG’s Kuala Lumpur subsurface imaging center will apply its latest proprietary full-waveform inversion (FWI) and Q-tomography imaging technologies to provide the industry with a better regional understanding of the petroleum systems in this underexplored basin, with a focus on the prospective pre-tertiary target.
Mohamed Firouz Asnan, Senior Vice President, Malaysia Petroleum Management (MPM), PETRONAS, said: “PETRONAS continues to invest in data enrichment for Malaysian basins, like the emerging Langkasuka Basin. I