Hazer signs hydrogen MOU

Hazer signs hydrogen MOU

Hazer has executed a memorandum of understanding (MOU) with Suncor Energy and FortisBC Energy to develop a 2500 tpa low-carbon emissions hydrogen production facility.  Using Hazer technology, the proposed hydrogen project will process natural gas feedstock to produce 2,5000 tpa low-carbon emission and around 9,000 t of synthetic graphite byproduct.  Under the MOU, all joint …
Tom Prosser drilling rig

Rig moves to Pavo-1 well

Carnarvon has announced the Noble Tom Prosser jackup drilling rig is currently moving to its Pavo-1 well location in the Bedout basin.  Drilling is expected to commence forthwith after allowing for towing and setup and Carnarvon estimates a gross mean recoverable volume of 82 million barrels of liquids and 108 Bcf of gas.  Carnarvon managing …
Goldman Sachs

Goldman Sachs: Cost of hydrogen to decline

Goldman Sachs has released its equity research paper on the clean hydrogen revolution, forecasting “unprecedented momentum for the clean hydrogen economy”.  According to the report, hydrogen generation alone has the potential to double to US$250 billion (AU$3,49 billion) by 2030.  Global interest in the gas has grown significantly as countries impose new legislation to help …

Santos books CO2 storage capacity

Santos has announced the booking of a 100 million tonnes of carbon dioxide (CO2) storage facility in the Cooper Basin, South Australia.  This resource is a subset of the total prospective storage in the basin and follows the final investment decision (FID) on the 1.7 million tonnes per annum (tpa) Moomba carbon capture and storage …
Leigh Creek Energy

Leigh Creek cracks the CCS code

Leigh Creek Energy has completed its feasibility study for the Leigh Creek Urea project’s (LCUP) potential for carbon capture and storage (CCS). Completed by engineering group inGauge, the study covered both engineering and geological sphered and confirmed that the LCUP has all the critical elements for large scale retention of CO2 within an underground facility. …
Buffalo-10 well

Carnarvon launches forward drilling campaign

Carnarvon managing director Adrian Cook stated that, with 2021 drawing to a close, Carnarvon has commenced a period of intense exploration activity, which, he states, “has the potential to build upon the value created by the landmark Dorado development”. Carnarvon’s forward drilling campaign has two high impact wells in the near term: the Pavo-1 and …
FFI

FFI buys stakes in Sparc

Fortescue Future Industries (FFI) has acquired a minority stake in hydrogen tech company Sparc Technologies, to develop and commercialise next-generation green hydrogen technology. South Australian company Sparc is researching technology which could see green hydrogen produced using only sunlight and water (photocatalytic water splitting coupled with solar radiation), instead of renewable energy and electrolysis. The …
Pure Hydrogen

Pure H2 grows hydrogen arm

Pure Hydrogen has updated shareholders on the events of the last quarter, during which the company focused on the development of both hydrogen business, as well as its gas assets.  During the quarter, Pure Hydrogen completed the transaction with H2X Global and is now the largest shareholder in the company, owning around 24 per cent.  …
Patriot hydrogen units

Patriot to install modular hydrogen units

Patriot Hydrogen has reported that after an oversubscribed capital raise, the company is working towards installing the first-ever Patriot unit in mid-2022.  The unit will be installed at Kimberley Clean Energy’s Kilto Station project near Broome, Western Australia. The modular hydrogen production unit will form part of Kimberley Clean Energy’s fossil fuel substitution strategy, with …