Viridien and its partners TGS and Aquila Holdings (under its subsidiary Axxis Multi-client AS) have announced the completion and delivery of the reprocessing of the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea.
Viridien said it had reprocessed the resulting data set with its latest OBN imaging technologies, including time-lag full-waveform inversion, and advanced velocity model building techniques, to yield "significant improvements in image resolution and...
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Shearwater Awarded Large 3D Frontier Exploration Survey in Suriname
Shearwater Geoservices has been awarded a large 3D seismic survey by PETRONAS in Suriname. The project, covering 6,000 square kilometres, marks the continuation of Shearwater’s commitment to PETRONAS in this frontier area having previously performed acquisition work in Block 52.
The Amazon Warrior has been allocated to the three-month project, commencing in Q4 2024.
“High-quality seismic data is a key enabler for unlocking the vast resource potential of the...
Gina Rinehart scoops up MinRes’s Onshore Assets
Gina Rinehart, Australia’s richest woman and probably the country’s richest person, is putting her money on a gas future by acquiring MinRes’s onshore oil and gas assets in the Perth and The Carnarvon Basins for $1.1 billion.
A s part of the binding Sale and Purchase Agreement Hancock Prospecting will acquire 100% ownership of MinRes's Exploration Permits 368 and 426 in the Perth Basin, with two Joint Venture Agreements established for the remaining onshore Perth Basin and...
Keystone State will open Door to The White House with Fossil Fuel and Fraccing a Focal Point
By Dale Granger
With the 2024 US election on the cusp of being announced, energy is once again front and centre in the tussle between Kamala Harris’s Democrats and Donald Trump’s MAGA movement for the keys of the White House.
At the time of going to press the election was balanced on a knife edge with all eyes focussed on Pennsylvania’s 19 electoral college votes, notably the prolific Utica and Marcellus shale basins, fraccing and the other “swing states”: Arizona,...
Petrobras Extends the Life of Oil Projects in Brazil
Petrobras has made a final investment decision (FID) to expedite the second development phase of two oil fields in the pre-salt Santos Basin off the coast of Brazil.
Petrobras’ FID for the second development phase of the Atapu and Sépia fields enables Seatrium to. proceed with two newbuild contracts, valued at approximately S$11 billion ($8.15 billion), for the construction of the FPSOs P-84 and P-85. Petrobras holds a 65.7% stake in the shared reservoir of Atapu with Shell (16.7%),...
QLD Branch Unveils New Look for QLD SYmposium
Attendees at this year’s PESA QLD Branch Symposium were first to see items featuring the
newly rebranded PESA Symposium artwork, designed by Leah Cummins of Bunya Designs.
Leah, had an extensive career at Origin Energy, is now producing art through her own
business www.bunyadesigns.com.au. Leah is a proud Mayi woman from North-Western
Queensland and described the meaning of new-look PESA QLD symposium artwork as
follows; “The large circles represent the states and territories, the contour...
Perth Wins Bid to Host 2026 Global Carbon Capture Conference
The Australian oil and gas sector’s leadership in carbon capture, utilisation and storage (CCUS) - a key emissions reductions technology - is set to be showcased on the world stage.
Australian Energy Producers is pleased to announce it will co-host the world’s leading CCUS conference in Perth in 2026, in partnership with the CSIRO, CO2CRC and the Department of Climate Change, Energy, the Environment and Water.
The Greenhouse Gas Control Technologies (GHGT) Conference, run by the...
‘Decisive Action needed to Achieve Net Zero and 1.5C Warming Scenario as World is on Path for 2.5C to 3C Global Warming Says Wood Mackenzie
Analysis shows US$78 trillion needed to achieve net zero and 1.5 C warming scenario
A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s ‘Energy Transition Outlook’ report, a milestone assessment of the global journey towards a lower carbon future.
The new report analyses four different pathways for the energy and natural resources...
Queensand’s Kat Gioseffi Receives PESA Meritorious Service Award
PESA (Qld) Branch committee member and Santos Geologist, Katherine (Kat) Gioseffi, was the successful recipient of a PESA Meritorious Service Award (MSA) for 2024 in recognition of her unwavering passion for energy geoscience and her dedication to increasing society participation among early-career graduates.
Kat, who received her MSA at the Australian Energy Producers Conference and Exhibition in Perth in May, was nominated by the PESA (Qld) Branch in recognition of her steadfast...
TotalEnergies Makes new Gas Condensate Discovery in Offshore Harald Field
TotalEnergies has announced that the Harald East Middle Jurassic nearby exploration well (HEMJ-1X) has discovered additional gas condensate resources in the Harald field, in the Danish North Sea.
Located in shallow waters, 25km off the west coast of Denmark, the HEMJ-1X well was drilled in the Eastern part of Harald field and encountered 48meters of net gas condensate pay in a good quality reservoir.
The HEMJ-1X well will be immediately connected to the Harald platform and is expected...