Markets

Sweetman Renewables

Sweetman inks deal with Japan

Sweetman Renewables is looking to leverage on its sustainable biomass to produce green hydrogen, signing a 20-year biomass supply contract with Japan. The contract is reported to be worth $US90 million, with Sweetman not naming the Japan company it has signed with. The company is further targeting the biomass and free hydrogen sectors with a …
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FFI jumps on board NZ hydrogen opportunity

Fortescue Future Industries (FFI) has signed an agreement with Murihiku Hapu of Ngāi Tahu to explore the potential of a large scale, renewable green hydrogen production project in Southland, New Zealand. The project proposes construction of a large-scale hydrogen plant in Southland which aims to achieve first production in early 2025, with potential for multiple …
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Project Haber

Strike receives strong interest for Project Haber production

Strike Energy has closed the second round of its urea off take process for Project Haber’s proposed urea production in Western Australia. The company advised that 4.75 mtpa of firm proposals with attractive pricing formulas were received for the project’s planned annual production of 1.4 mtpa of urea. The offers received were for up to …
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Western Gas applies for extension at Sasanoff

Western Gas has applied for a suspension and extension to its WA-518-P permit offshore Western Australia where it plans to drill the Sasanoff-1 well. The National Offshore Petroleum Titles Administrator reported on Tuesday that the company had also applied for a suspension, extension and variation for WA-519-P. Last month Western Gas submitted its plans to …
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Otway Gas

Beach Energy approved for Otway wells

Beach Energy has been given the green light by the national petroleum regulator to undertake subsea installation and commissioning activities associated with the Otway offshore phase four development, Victoria. Outlined in its environment plan to the the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), the project is located in petroleum production licence VIC/L23, …
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Leigh Creek Energy

First contract milestone achieved for Leigh Creek

DL E&C has achieved its first milestone for Leigh Creek Energy’s (LCK) on the fertiliser contract for engineering, procurement, construction and commissioning (EPCC). It has fulfilled this by providing all the pre-requisite detailed conditions which have been reviewed and accepted by LCK, progressing the agreement to the next stage. LCK managing director Phil Staveley said it …
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Carnarvon boosts Bedout database following survey

Carnarvon Petroleum has completed the Keraudren extension 3D seismic survey, acquiring an additional 2600km2 over the Bedout Basin, Western Australia. This area contains a large seriatim of 50 prospects and leads, many with stacked targets, in a diverse range of plays and with direct access to the interpreted hydrocarbon source kitchens. The prospects and leads …
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Santos, Oil Search agree on merger deal

Santos and Oil Search have agreed on a merger ratio, with the companies a step closer to having a diversified portfolio of high-quality, low-cost assets across Australia, Timor-Leste, Papua New Guinea and North America. Under the revised merger proposal, Oil Search shareholders will own 38.5 per cent of the merged group and Santos shareholders will …
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New regulations take effects on ARENA’s expanded scope

New regulations have been introduced for the Australian Renewable Energy Agency (ARENA), with it now being able to provide financial support to priority low emission technologies. Identified under the Australian Government’s Technology Investment Roadmap, the new regulations will allow ARENA to take a key role in driving down the cost of deploying the priority low-emission …
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New faces and places: The latest industry appointments

New faces and places: The latest industry appointments

Chevron has announced new changes to its leadership team, with both appointments being employees within the company already. The following industry appointments have been made. Jeff Gustavson, Chevron New Energies president: Chevron has appointed Jeff Gustavson as president of Chevron New Energies, beginning in his role from August 2. Gustavson will lead a new, dedicated organisation focused on …
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