The biggest announcement of the fourth quarter was the go-ahead for Woodside’s Scarborough LNG project. However, Scarborough and Barossa are the only two new LNG projects Australia has going while the North West Shelf is already starting to decline.
Latest News
Carpentaria-2 strikes a chord in the Top End
Empire Energy has wrapped up drilling of the vertical section of the Carpentaria-2H in the Northern Territory’s Beetaloo basin.
PGS set for Samba survey offshore Brazil
PGS is scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022.
A ‘Big Step Forward’ for CCS
The voice of Australia’s oil and gas industry said the announcement by Minister for Resources and Water, Keith Pitt, of five new areas in Commonwealth waters marked out for exploring greenhouse gas storage opportunities was another significant step forward to reducing emissions through carbon capture and storage (CCS).
Western Gas secures MS-1 semi-sub to drill Sasanof-1 exploration well
The Sasanof-1 exploration well is in permit WA-519-P in Commonwealth waters about 207 km northwest of Onslow, Western Australia. Drilling is scheduled to commence in March/April 2022 following the rig relocating from nearby activities on the North West Shelf.
CGG produces Screening Study for CO2 North Sea Storage
CGG has released a new GeoVerse™ Carbon Storage screening study to support CCUS operators in quickly identifying suitable CO2 storage sites.
This Northern North Sea study, available for license, provides an in-depth review of potential CO2 storage plays in a region extending over CGG’s North Viking Graben 3D seismic dataset, including areas in both UK and Norwegian waters.
Sophie Zurquiyah, CEO, CGG, said: “Our GeoVerse Carbon Storage screening study is part of a new suite...
NGIP rolls out framework for 20-year gas supply
The Australian Federal Government’s National Gas Infrastructure Plan (NGIP) and Future Gas Infrastructure Investment Framework has paved a path for secure gas supplies for the next 20 years.
ADNOC awards Baker Hughes two major contracts
Baker Hughes has been awarded two contracts from Abu Dhabi National Oil Company (ADNOC) for equipment and services across multiple upstream fields and projects in the United Arab Emirates.
‘Rising transport costs fuelling cost of living pressures’
Australia’s peak motoring body has released its latest Transport Affordability Index showing weekly costs have for the first time risen above $400 for the average Australian metropolitan household.
Higher investment needed for Eagle Ford to spur production
Crude oil and natural gas production in the Eagle Ford shale play, situated in southeast Texas, dropped by almost 35% and 20%, respectively, in May 2020 due to the COVID-19 pandemic, according to GlobalData.