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APGA says vital link to ease pressure in east coast gas market

A VITAL link that will bring new gas to Australia’s east coast gas market has been completed and will begin commercial operations in less than a month. Australian Pipeline and Gas Association (APGA) CEO Steve Davies said pipeline owner and operator Jemena had provided local businesses with many opportunities during construction of the 622km Northern Gas Pipeline between Mount Isa and Tennant Creek. “Now towns, businesses and resource projects along

ExxonMobil gives go-ahead for Bass Strait West Barracouta gas project

EXXONMOBIL and BHP have made a positive final investment decision (FID) to develop the West Barracouta gas field in Bass Strait off the coast of Victoria to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin. The company recently completed front-end engineering design work for the project, which is part

Cooper reports successful pressure testing of Sole pipeline

COOPER Energy is breathing a sigh of relief after new pressure tests cleared the way for further development of the Sole gas pipeline in Victoria. In November Cooper reported that the Sole pipeline installation contractor had identified an anomaly in the form of a through wall thickness opening at one location in the pipeline. Subsequently the pipeline installation contractor removed a section of pipeline which contained the damage from the

South Korea’s EPIK signs on for Newcastle LNG import terminal project

SOUTH Korean company EPIK Co. Ltd has entered into a Project Development Option Agreement with the Port of Newcastle to commence preliminary works on a proposed LNG FSRU import terminal. EPIK is an LNG and floating storage and regasification unit (FSRU) project development specialist. The project, named “Newcastle LNG,” will be sited within the Port of Newcastle, optimally located to serve the New South Wales gas market where natural gas

Australia set to assume title of world’s biggest exporter of LNG

AUSTRALIAN is on the cusp of taking out another globally significant title – this time as the world’s biggest exporter of Liquefied Natural Gas (LNG). With the milestone visit to Darwin tomorrow by Japanese Prime Minister, Shinzo Abe, for the official opening of the US$40 billion Ichthys LNG project, it is that Inpex-operated project that is set to drive Australia to the premier LNG export position. According to the latest

Leading crane company MHE-Demag uses new Perth facility for innovative Australian launch

GLOBAL material handling specialists MHE-Demag recently unveiled its new Demag V-type crane for the first time in Australia at a new facility in Perth. The new crane, which brings a number of innovations to the overhead crane sector, has recently been installed at local steel fabricator Lighthouse Engineering’s new facility in the Gnangara industrial area. MHE-Demag also unveiled a scaled-down but fully functional mobile V-type crane, which they plan on

Oil and gas spend needs to increase by 20% to sustain growth into next decade

GLOBAL industry analyst Wood Mackenzie has forecast that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade. “Companies will need to start investing again to sustain their business. But decision-making will be fraught with uncertainties, the oil price and energy transition not least among them,” Malcolm Dickson, director, upstream oil and gas, said. Mr Dickson

INPEX ships first LNG cargo from Ichthys LNG Project

INPEX CORPORATION has successfully shipped the first load of (LNG)  from Ichthys LNG Project at its onshore gas liquefaction plant in Darwin, Northern Territory. The first LNG shipment is destined for the INPEX-operated Naoetsu LNG terminal in Niigata Prefecture in Japan. “First cargo from Ichthys LNG is a historic moment for INPEX Japan and Australia.  It demonstrates our commitment to being a safe, reliable long-term energy supplier,” said INPEX President

Siemens and Bentley Systems announce PlantSight digital twin cloud services

SIEMENS and Bentley Systems have introduced the PlantSight digital solution for providing customers with more efficient plant operations. PlantSight enables as-operated and up-to-date digital twins which synchronize with both physical reality and engineering data, creating a holistic digital context for consistently understood digital components across disparate data sources, for any operating plant. Plant operators benefit from high trustworthiness and quality of information for continuous operational readiness and more reliability. Every

How Blockchain can fuel the next boom in the oil & gas industry

By Jan Erik Johannson THE recent turbulence in cryptocurrencies such as Bitcoin and Ethereum has brought blockchain implementation into the public eye. At the same time, CXOs across industries are increasingly recognizing the potential value that blockchain can deliver. In his book, ‘The Fourth Industrial Revolution’, Founder and Executive Director of World Economic Forum, Klaus Schwab, features a survey of 800 executives. 58% of respondents believe that 10% of global