- Licence to operate Australia’s biggest risk
Almost half of global mining companies rank licence to operate as the biggest issue for business in the Top 10 Business Risks and Opportunities 2020 report. But what is Australia most concerned with?
- 88 Energy on track to drill Alaskan North Slope appraisal well
88 Energy has provided an update on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine on the proven Alaska North Slope basin.
- Saudi Arabia to resume oil production following drone attacks
Oil prices have spiked after 10 unmanned aerial vehicles attacked the world’s biggest crude-processing facility and its second-biggest oil field, both in Saudi Arabia.
- PNG Government ‘full steam ahead’ with $20 billion LNG project
The Papua New Guinea Government has given project partners Total, Exxon Mobil and Australia’s Oil Search the green light to proceed with the $20 billion liquefied natural gas (LNG) project.
- Carnarvon secures next phase in Buffalo oil-field re-development
Carnarvon Petroleum has gained clarity for its Buffalo oil field project after it signed a production sharing contract (PSC), and Australia and Timor-Leste ratified its Maritime Boundary Treaty (MBT).
- West Erregulla-2 claims deepest ever well drilled onshore Australia
Strike Energy and Warrego Energy’s West Erregulla-2 joint venture project in Western Australia has intercepted and begun drilling through the high cliff sandstone at 4928 metres.
- Senex continues development in Surat and Cooper basins
Senex Energy has completed the production test of the Gemba-1 exploration well in the Cooper Basin, enabling the well to be brought online by the end of this year.
- Woodside signs OEG for cargo supply in $6.6 million deal
Woodside Energy has awarded OEG Offshore a contract to supply a variety of cargo carrying units for all Woodside’s offshore production activities in Australia.
- Western Australia reinforces zero emission target for major projects
The Western Australian Government has released a new greenhouse gas emissions policy for major projects assessed by the Environmental Protection Authority (EPA).
- Empire Energy sets up Northern Territory plans
Empire Energy has become the first junior company to have environmental management plans (EMP) in the Beetaloo and McArthur Basins accepted for assessment by the Northern Territory Government since the lift of the fracking moratorium.
- Strike Energy discovers gas in ‘staggering’ find
The Strike Energy and Warrego Energy joint venture has discovered gas in the Kingia sandstone as part of the West Erregulia-2 drilling campaign.
- Premier Oil scores 88Energy Project Icewine farmout
88 Energy will farm-out Project Icewine in Central North Slope, Alaska to Premier Oil for a 60 per cent interest in the Western Play Fairway.
- Woodside celebrates first oil at Greater Enfield
Woodside Energy’s $1.9 billion Greater Enfield project in Western Australia has produced first oil through the Ngujima-Yin floating production storage and offloading vessel (FPSO).
- Woodside and Schlumberger strive for technological greatness
Woodside Energy has collaborated with Schlumberger to implement its DELFI cognitive exploration and production (E&P) environment enterprise-wide.
- Western Australia encourages exploration through drilling program
The Western Australian Department of Mines, Industry, Regulation and Safety has called for applications for round 20 of the exploration incentive scheme’s (EIS) co-funded exploration drilling program.
- Investing in your digital agility
Whether it’s because of rising global demand, volatile prices or environmental regulations, there is increased pressure on oil and gas refineries to run more efficiently.
- BHP reinforces interest in oil and gas market
BHP has flagged its ongoing interest in the petroleum market, commenting that the outlook remains positive due to rising demand from the developing world and natural decline in supply.
- Woodside set to increase production as profits slip
Woodside has laid solid foundations for the second half of 2019, recording strong financial and production results for the first six months of the year.
- Beach Energy optimistic about growth
Beach Energy’s plans for growth are looking positive after a strong 2019 financial year.
- China closes on Japan as Australia’s major LNG customer
Japan was the largest consumer of Australian liquefied natural gas (LNG) in the 2019 financial year, followed closely by China.