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 …
New Zealand Oil and Gas (NZOG) has entered agreed to a 1-for-2.7625 renounceable rights offer at $NZ0.42 per share, which will raise the ASX-listed company’s equity by $NZ25 million ($22,880,112). This increase in capital will allow NZOG to take part in explorations and produce assets in Australia and New Zealand by investing in growth projects. …
GEV’s 2.8 GW green hydrogen export project on the Tiwi Islands, located on the traditional lands of the Munupi people in the Northern Territory, has received several permissions to continue on with the project. Part of these permissions has enabled the EPA Referral submission to be completed, including permissions for consultants to conduct environmental surveys …
The national petroleum regulator has approved Santos’ Barossa Development for its plans to commence a drilling and well campaign in the second quarter of 2022. The company advised that, as part of the approved development, it wants to begin the petroleum activity in production licence NT/L1. The Barossa Development was accepted by the National Offshore Petroleum …
Santos, as operator of the Bayu-Undan offshore gas production facility, has announced entry into the front-end engineering and design (FEED) phase for the proposed Bayu-Undan carbon capture and storage (CCS) project.Read more
Cue Energy is continuing planning for quarter one of 2022 for the Palm Valley and Dingo exploration well drilling program in the Northern Territory. In December last year the Ensign Rig 963 was contracted by the permit operator (Central) to drill Palm Valley -12/12A and Dingo-5 in the Amadeus Basin. The Rig was expected to …
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 …
The Northern Territory Government has awarded major project status to an off-grid hydrogen project in Central Australia. The Desert Bloom Hydrogen project is a staged commercial-scale green hydrogen operation. Chief minister Michael Gunner said Desert Bloom marks the Territory’s first major hydrogen project. “With one of the best solar resources in the world and the …
Santos has agreed to the sale of 12.5 per cent interest to JERA in the Barossa project, to be complete in the first half of 2022. When the sale is complete, JERA will reimburse Santos for its share of capital expenditure on the project from the start date to finish. The total consideration due to Santos …
The national petroleum regulator is assessing Santos’ Barossa Development for its plans to commence a drilling and well campaign in the second quarter of 2022. The company advised that, as part of the approved development, it wants to begin the petroleum activity in production licence NT/L1. The Barossa Development was accepted by the National Offshore …
