APA Group has signed an initial agreement with Empire Energy to progress development of the explorer’s Carpentaria pilot project, which to connect prolific gas acreage in the Beetaloo Basin to the existing McArthur River Mine Pipeline.
Latest News
Discovering the Hidden Geology of a Buried Basin
The longest deep-crustal seismic survey ever conducted by Geoscience Australia has been completed in central-western Queensland.
Former Santos COO Takes the Reins at Beach Energy
Beach Energy has appointed Mr Brett Woods as Managing Director and Chief Executive Officer (MD & CEO) from 21 February 2024 - or such other date as mutually agreed.
TTF rises 30% on LNG Strike Risks in Australia
The TTF gas price has risen 30% on Australian LNG strike risks.
Wood Signs Global Framework Agreement with Shell
Wood has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell’s global projects.
CGG, PGS and TGS Introduce New Tiered Offerings for Versal, the World’s First Multi-Client Data Ecosystem
CGG, PGS and TGS, industry leaders of multi-client geoscience data, have announced the launch of new tiered offerings for Versal, the “groundbreaking multi-client data ecosystem”.
Victorian Home Gas Ban “Ignores Importance of Gas in Net Zero Energy Mix” – APPEA
The Victorian Government’s gas ban for new homes ignores the fundamentals of the energy system transformation to net zero including the importance of gas as a partner to renewables in reliable electricity generation.
Conventional Oil and Gas Exploration Grows, but Discoveries Remain Elusive says Rystad Energy
Spending on conventional oil and gas exploration is rebounding and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for.
Wood Wins Contracts to Deliver Emissions Reductions on Australian Gas Projects
Global consulting and engineering company Wood has secured contracts with Beach Energy and Mitsui E&P Australia (MEPAU) to deliver solutions to achieve emissions reduction targets.
Wood said these strategic projects will reduce emissions intensity in line with Australia’s National Greenhouse and Energy Reporting Act, which is driving a reduction in emissions baselines1 by 4.9 percent each year before 2030.
Applying innovations in maintenance, operations and brownfield engineering, Wood is focused on reducing carbon emissions at Beach Energy’s facilities across Australia and New Zealand and MEPAU’s Waitsia Gas Project in Western Australia.
Under these contracts, Wood said it was designing programs to improve operations and plant reliability while optimising energy use and electrification.
APPEA: ‘Victorian Home Gas Ban Ignores Importance of Gas in Net Zero Energy Mix’
The Victorian Government’s gas ban for new homes ignores the fundamentals of the energy system transformation to net zero including the importance of gas as a partner to renewables in reliable electricity generation.
The Australian Petroleum Production & Exploration Association (APPEA) today said the Government’s policy shifts the burden on to consumers, pushing households on to an already strained coal-based electricity grid and ignoring the urgent need for new local gas supply to reduce emissions and put downward pressure on prices.
APPEA Chief Executive Samantha McCulloch said: “With more than 60% of Victoria’s electricity coming from coal, the focus should be on reducing emissions from the power sector, through renewable energy and firming gas power deployment, before adding to power demand.