JERA, a subsidiary of Tokyo Electric Power Group and Chubu Electric Power Group, has secured the 12.5 per cent sale in the Barossa project from Santos. The sale saw Santos receive $US327 million (over $462 million) in cash proceeds. The project’s participants now include Santos (50 per cent), SK E&S (37.5 per cent) and JERA (12.5 per cent). Located in the Bonaparte …
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted Santos’ proposal to undertake a 3D seismic marine survey over three petroleum permit areas in the Bonaparte Basin, offshore Western Australia and the Northern Territory. The survey will be conducted over petroleum permit areas WA-454-P, WA-27-R and WA-40-R, with the data required to develop …
Woodside is planning to conduct a marine seismic survey in exploration permit NT/P86 in Commonwealth waters offshore the Northern Territory. The survey will take place between May 1 and August 16 2022 and is part of Woodside’s work program commitments for the permit. NOPSEMA has opened the the proposed seismic survey for public comment, which …
The Australian Government has opened the public consultation on five potential areas for the 2021 offshore greenhouse gas (GHG) storage acreage release. Minister for Resources and Water Keith Pitt said the acreage release provides opportunities for companies to explore for sites which have the potential for permanent geological storage of CO2 in offshore Australia. …
Carnarvon Petroleum has contract the Valaris JU-107 jack-up drilling rig for the Buffalo-10 drilling operation, offshore East Timor in the Bonaparte Basin. The drilling operations are expected to begin once the rig has completed its operation in the Timor Sea, around 300km from the Buffalo location. In about 8 to 10 weeks time, the rig …
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is assessing Santos’ environment plan to conduct a vessel-based survey, offshore Western Australia. Santos has proposed to conduct a survey in permit area AC/P50 in Commonwealth water, within an operational area of 5km by 5km, centred around the proposed Stairway-1 well location. The company has …
Santos has proposed to the national petroleum regulator to undertake a 3D seismic marine survey over four petroleum permit areas in the Bonaparte Basin, offshore Western Australia and the Northern Territory. The survey will be conducted over petroleum permit areas WA-454-P, WA-545-P, WA-27-R and WA-40-R, with the data required to develop regional geologic models to …
Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, offshore East Timor in the Bonaparte Basin. The well is planned to be drilled in October of this year, with the company signing a letter of intent (LOI) with the relevant rig contractor, a formal rig contract, consistent with the …
The Federal Government has released the 2021 offshore petroleum exploration acreage, with around 80,000km2 of new acreage available for exploration in Australia. Minister for Resources, Water and Northern Australia Keith Pitt said the release comprises 21 areas across the Bonaparte, Browse, Carnarvon, Otway, Sorell and Gippsland Basins off Western Australia, Victoria, Tasmania and the Ashmore …
Drilling contractor Petrofac has identified the long lead equipment that will ensure Carnarvon Petroleum’s Buffalo-10 well offshore East Timor is drilled before the end of the year. The procurement of long lead equipment has commenced, with orders placed for the supply of the conductor pipe, well head, liner hanger and associated services. Carnarvon reported that …
