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NOPSEMA wants additional Bight drilling details

02/07/2019 Posted by Dale

NOPSEMA has requested further information from Equinor on its environment plan for their proposed petroleum exploration drilling activity in the Great Australian Bight. The assessment has now paused and will begin again when Equinor submits the additional information, having been provided 60 days to do so, the regulator said. NOPSEMA said the request for information was made in order to clarify matters raised in the plan and to address information gaps identified by NOPSEMA’s...

LNG exports sustaining Australia’s economic growth, APPEA affirms

01/07/2019 Posted by Dale

The Resources and Energy Quarterly June 2019 released last week shows the key role liquefied natural gas (LNG) exports play in supporting Australia’s continued economic and jobs growth, APPEA has said in reaction to the report. According to the Department of Industry, Innovation and Science, the value of Australia’s resources and energy exports are estimated to have totalled a record $275 billion in 2018-19 due in large part to growing LNG exports. In 2018-19, Australia’s LNG...

PGS and TGS announce Jeanne d’Arc HD3D in Offshore East Canada

25/06/2019 Posted by Dale

PGS and TGS have commenced the Jeanne d’Arc High-Density (HD3D) Multiclient project offshore Newfoundland, in East Canada. The project will cover approximately 5,000km2 and encompasses multiple exploration licenses, significant discovery licenses and sections of the open acreage included in the November 2019 bid round. The Ramform Atlas will perform the acquisition, utilizing the high-resolution GeoStreamer® technology. The project is expected to complete in late Q3 2019. The...

CGG Awarded Multi-Year Processing Contract by ADNOC for World’s Largest OBN Seismic Project

25/06/2019 Posted by Dale

Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a landmark processing contract by the Abu Dhabi National Oil Company (ADNOC). Under its terms, CGG will perform high-end time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom node (OBN) seismic survey to date. Starting in May 2019 – and for a period of at least five years, during the maximum seven-year contract period – CGG will process...

Robotics to drive oil and gas productivity and efficiency

25/06/2019 Posted by Dale

The oil and gas industry is gearing up to deploy robotics across a wide range of applications in the upstream, midstream and downstream segments, primarily to drive productivity and efficiency amid volatility in crude prices, according to data and analytics company Globaldata. The company’s latest thematic report: ‘Robotics in Oil & Gas’ reveals that the complex challenges, particularly in the exploration and production of hydrocarbons, are prompting companies to explore the...

‘Gas and Oil exploration renaissance finally underway’

25/06/2019 Posted by Dale

Gas and Oil exploration renaissance finally underway There are signs that Australian oil and gas exploration is starting to recover from the doldrums that have been the feature of recent years, a special background report by EnergyQuest Associated and exploration analyst David Upton has revealed. Calendar 2019 has begun strongly with the success of offshore wells Corvus-2 and Dorado-2. Offshore • Offshore exploration and appraisal drilling is finally beginning to recover, with eight...

Beehive prospect is further de-risked on seismic survey

18/06/2019 Posted by Dale

Melbana Energy says preliminary interpretation of the newly acquired Beehive 3D seismic survey off Western Australia confirms some key technical characteristics of Beehive, further de-risking the prospect. Melbana Energy, operator of the Beehive prospect, located in the WA-488-P offshore permit, said the near vertical edge of the build-up clearly visible on the 3D seismic provides evidence of its isolated nature. Furthermore, the 3D data details depositional patterns within the platform...

EDGE pioneers ‘new way to capture, distribute and monetize stranded and flared gas’

17/06/2019 Posted by Dale

Edge Gathering Virtual Pipelines, a proclaimed “pioneer in delivering low-cost, high quality LNG by converting stranded and flared natural gas,” said it has produced and delivered its first LNG in the United States. “With no need for pipelines, EDGE is the first viable route to market for stranded gas reserves, and a revenue generating alternative to flaring or venting associated gas from oil production,” the company said. EDGE began on-well-site LNG production in the US on May...

Israel will emerge as gas exporter by mid-2020s

17/06/2019 Posted by Dale

Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past decade. Against this backdrop, the country’s gas production will significantly exceed demand and it will emerge as a gas exporter in the Eastern Mediterranean region by mid-2020s, says data and analytics company, GlobalData. The company’s latest report reveals that gas demand in Israel is forecast to increase significantly to...

CGG Cuts Cycle Time of OBN Imaging at Mad Dog Field

17/06/2019 Posted by Dale

Subsurface Imaging, part of CGG’s Geoscience division, has delivered a step-change in subsalt image quality over the Mad Dog field in the Green Canyon area of the Gulf of Mexico. CGG said that through continued investment in imaging technology and supercomputing capacity, the company was able to reduce project cycle time by almost half while delivering greatly improved subsalt images. Fast access to high-quality images was critical to BP and partners in modifying and optimizing the...

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