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New 3D survey to examine exciting Dorado and Roc discoveries off WA coast

CARNARVON Petroleum Limited has reported that a new 3D seismic survey has commenced over the Dorado and Roc discoveries and a number of nearby prospects off the north-west coast of WA. Known as the Keraudren 3D survey, the seismic data acquired will assist with the advancement of the Dorado oil and gas field development and to prepare for the potential drilling of a number of high graded exploration targets. The

APPEA says Queensland and South Australia continue to lead gas supply

THE Australian Petroleum Production & Exploration Association (APPEA) has welcomed the further steps taken by Queensland and South Australia to meet eastern Australia’s ongoing natural gas needs. The Queensland Government recently awarded more than 2700 square kilometres of exploration acreage to four companies and opened a new round of bids to explore 3700 square kilometres of land in central Queensland. In South Australia, over 20,000 square kilometres has been made

WoodMac says Beetaloo Basin could bring long-term gas supply to Australia’s east coast market

ACCORDING to research by Wood Mackenzie, Australia’s Beetaloo basin is the only new gas resource with sufficient scale to supply the east coast market in the long term. Australia’s east coast market has seen a rapid transition from conventional gas resources to unconventional gas supplies. As legacy gas sources mature and decline, the race is on to seek alternative supplies to meet east coast demand. Last year, unconventional coal seam

Santos moves closer to completing entry into key PNG permit

SANTOS has moved closer to completing its move into a key Papua New Guinea permit with the signing a binding letter of intent (LOI) which sets out the terms by which the Australian company will purchase a 14.32% equity interest in Petroleum Retention Licence (PRL) -3. PRL-3 contains the giant P’nyang gas field, which the licence participants ExxonMobil, Total, Oil Search, JX Nippon and soon Santos, propose to develop in

Santos awards major Barossa project contract

SANTOS has announced that the Barossa project has strengthened its position as what it believes is the leading candidate for Darwin LNG (DLNG) backfill with the award of the Subsea Production System (SPS) contract. Following a competitive tender, Technip Oceania Pty Ltd was the successful bidder to supply the SPS. The Engineering, Procurement and Construction (EPC) contract represents a commitment to long-lead items in advance of a final investment decision.

Tanami natural gas pipeline success creates another infrastructure milestone for AGIG

THE pivotal role played by the Australian Gas Infrastructure Group (AGIG) in the successful Tanami natural gas pipeline project – built on budget and commissioned ahead of schedule – is another key milestone for one of the nation’s leading providers and operators of key energy infrastructure. Speaking recently at the official opening of Newmont Goldcorp’s Tanami Power Project, 540km north- west of Alice Springs in the Northern Territory, AGIG’s ceo,

WA Government creates Energy Transformation Taskforce

WESTERN Australian Energy Minister Bill Johnston has announced the establishment of the Energy Transformation Taskforce, which will implement the Government’s Energy Transformation Strategy. The strategy will deliver a cleaner, affordable and more reliable electricity supply to Western Australian households and businesses for decades to come. Former Horizon Power chairperson Stephen Edwell, who is an economist with extensive experience in energy sector regulation, market design, policy and utility reform, will chair

APLNG’s acquisition of Origin’s Ironbark project not opposed

THE ACCC will not oppose Australia Pacific LNG’s (APLNG) proposed acquisition of the Ironbark coal seam gas project from Origin Energy. In reaching its decision, the ACCC considered the effect of the acquisition on domestic gas supply and the level of competition between suppliers of domestic gas. “We had regard to the relatively small size of the Ironbark project. We also considered the alternatives available to Origin to either sell

Woodside signs 10 year LNG agreement with ENN

WOODSID has signed a Heads of Agreement (HOA) with ENN Group for the sale of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for a period of 10 years, commencing in 2025. Woodside CEO Peter Coleman said the HOA, signed at LNG2019 in Shanghai, builds on an October 2018 cooperation agreement, under which the two companies committed to work together to explore a broad range of potential business

Premier announces plans for a world-first LNG plant in WA

The Western Australia Government has teamed up with The University of Western Australia (UWA) and the LNG industry to develop a world-first microscale LNG plant, as part of an LNG Futures Facility in Kwinana. In Shanghai, representing Western Australia at the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG19), Premier Mark McGowan was joined by industry leaders and UWA to make the announcement. The State Government will provide