This category contains 164 posts

$3.4 billion funding released for LNG facility

Origin Energy has announced the remaining US$3.4 billion of shareholder guarantees for the Australia Pacific LNG US$8.5 billion project finance facility have been released after meeting all of the lenders’ completion tests. In May 2012, Australia Pacific LNG secured a US$8.5 billion project finance facility with US EXIM, China EXIM and a consortium of Australian […]

Innovative thinking helps reduce damage to precision equipment caused during transport

The transport of turbomachinery in remote oil and gas projects often involves rough road or sea conditions that risk damage to the equipment before it arrives on site. An Australian company is minimising these risks through a sealed storage unit that uses data logging to show operators the exact impact of travel conditions. Turbomachinery uses […]

The drilling technology significantly increasing well production and recovery

New radial drilling technology is providing an alternative to fraccing in new and existing Australian gas wells with its ability to significantly increase production, which in turn increases a project’s operating margin. Australia has strong unconventional gas resource potential, but while thousands of wells have been drilled in areas such as the Surat and Bowen […]

Santos gas project met with opposition

Santos’ plans to build gas fields across the Gunnedah Basin of North West New South Wales are being met with community opposition, with protests taking places in opposition of its Narrabri Gas Project. The Narrabri Gas Project is Santos’ plan to drill 850 coal seam gas wells through the Pilliga forest, the largest inland forest […]

Optimising gas supply in aging infrastructure

As some operators in the unconventional sector look to optimise output from aging infrastructure, it is unlikely that current surface facilities will provide the solutions that are desperately sought after. As the Australian government seeks to ensure adequate supply for the Australian market, the pressure on CSG suppliers to maintain a strong supply is both […]

Bowen Basin gas pipeline in negotiations

Blue Energy has executed a Memorandum of Understanding (MoU) with APA Group to negotiate for the delivery of its Bowen Basin gas reserves to southern market gas buyers via a new pipeline. Key Points for the Bowen Basin Pipeline: MOU between Blue Energy and APA executed   APA to undertake pipeline feasibility study   Optimal […]

New release for petroleum exploration acreage

The Western Australian Government will introduce a strategic five-year release of petroleum exploration areas across the Canning and Perth Basins, which minimises environmental, cultural and land use constraints. New maps have highlighted future acreage release areas that will open for competitive bidding rounds for oil and gas prospectors from 2018 to 2021. The maps will […]

Longford Gas Conditioning Plant completed

Esso Australia’s Longford Gas Conditioning Plant, which processes gas from the Kipper Tuna Turrum development, has been completed. Production from the gas conditioning plant marks the completion of the $5.5 billion Kipper Tuna Turrum development, the largest domestic gas project on Australia’s eastern seaboard. The development will supply 1.6 trillion cubic feet of gas to […]

Northern Gas Pipeline reaches new milestone

Minister for Primary Industry and Resources, Ken Vowles, announced Jemena’s Pipeline Licence has been approved for the $800 million Northern Gas Pipeline project. Mr Vowles said a Consent to Construct the Phillip Creek Station Compressor Facility, north of Tennant Creek has also been granted. “Significant milestones have now been reached in the development of this […]

New positioning technology for resources industry

Geoscience Australia and the Cooperative Research Centre for Spatial Information (CRCSI) are planning to spend around $400,000 on user testing of a Satellite-Based Augmentation System (SBAS) for the resources industry in Australia. Geoscience Australia and CRCSI are looking for Australian businesses in the resources industry interested in improving the capacity of their positioning technology to work closely […]

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