PESA Gazette September 2025 Edition

September 2025 Edition

ADNOC Eyes Santos: A High-Stakes Bid That Could Reshape the Asia-Pac LNG Landscape

FEATURED PESA

In a bold strategic maneuver, Abu Dhabi’s state-owned oil giant, ADNOC—via its international arm XRG, in partnership with ADQ and global private equity firm Carlyle—is pursuing the acquisition of Australia’s Santos Ltd. The A$30 billion (US$18.7–19 billion) all-cash bid, unveiled in mid-June 2025, emerges as the largest takeover proposal in Australian corporate history.

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LETTER FROM THE PRESIDENT

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Tech Talk

Tech Talk PESA

GSWA Record 2025/6

A Summary of GSWA Stratigraphic drilling in sedimentary basins, Western Australia

Tech Talk PESA

The Renaissance Tour: A revival of frontier basins with data-driven exploration

Modern seismic acquisition and processing technologies are allowing for deep, reliable imaging and analysis to screen and de-risk petroleum systems elements in frontier and rapidly developing basins. Presented at the PESA WA Branch lunch series in June, this white paper looks at four deep-water basins from around the world and how long-offset seismic has challenged perspectives of crustal structure, heat flow, source and reservoir distribution.

Society News

WA branch volunteers man the PESA booth at AEGC

PESA are proud to be joint organisers of the Australasian Exploration Geoscience Conference (AEGC) 2025, taking place in the beautiful city of Perth, Australia from 8-11 September 2025. AEGC is the premier event for petroleum and mineral geoscience in Australasia and promises to be an exciting and enriching experience, bringing geologists, geophysicists, geochemists and industry professionals from across the globe.

Society News

Background to resolution on Retired members from AGM May 2025

Click through to read the background information presented to the May 2025 AGM in relation to the motion to reduce the membership fee for retired members from $120 to $50

Industry News PESA

GA releases plans for the 1st 10 years of “Resourcing Australia’s Prosperity” initiative

Geoscience Australia have showcased their planned projects for the first 10 years (2024-2034) of the Resourcing Australia’s Prosperity initiative in an online webinar, where the Minister for Resources and Minister for Northern Australia the Hon. Madeleine King MP announced the location of the third deep dive project in the Georgetown-Julia Creek region, Queensland.

Industry News PESA

SAExploration Finalizes Acquisition of Australia’s Leading Seismic Contractor, Terrex Seismic

Houston-headquartered SAExploration Holdings has acquired Terrex Seismic, a leading Australian seismic contractor, a deal that returns to SAE to the Australian land market and gives Terrex deep global support to continue its four-decade tradition of innovation and quality in seismic exploration