The Australian Conservation Foundation Incorporated (ACF) has commenced proceedings in the Federal Court of Australia in relation to the environmental assessment of Woodside’s Scarborough Project. The ACF is seeking an injunction to restrain offshore project activities. However, the Scarborough Project has been the subject of rigorous environmental assessments by a range of regulators including the …
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved operations for INPEX’s Ichthys project. Commonwealth approval to develop the Ichthys Field in the Browse Basin was acquired in 2011. This development included the installation and operation of the offshore infrastructure for the 40-year field life. INPEX’S environmental plan (EP) for the project, …
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved INPEX‘s environmental plan (EP) for the Ichthys project, allowing the offshore facility to continue its operations and conduct maintenance activities. The EP, which was submitted by INPEX in August 2021, is the first five-year revision of project’s the operation. Now that it has …
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 Australian LNG Monthly report from EnergyQuest has shown a drop in LNG demand from North Asia, Australia’s major market, during March 2022. Outline in the report, there was a 17.7 per cent decrease in demand from North Asia in February, and this downward trend continued into March, with Australian deliveries to China dropping by …
Marine and subsea solutions company MMA Offshore has announced a new contract with Woodside Energy. As the operator of the Scarborough Joint Venture, MMA will support field development drilling for the project in 2023. “This contract further strengthens our forward order book with the MMA Inscription now under contract through to the first half of …
Santos has released its 2022 Climate Change Report which sets out the climate transition strategy and action plan to become a net-zero emissions energy and fuels business by 2040. The report confirms that Santos is in a good position to manage the risks of climate change in line with its international reporting standards and the …
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 …
Tensions in Europe are steadily rising, prompting much of Europe to reduce their dependence on Russia, including with regard to oil and gas supplies. Russia is the world’s second-largest oil producer and the largest supplier of natural gas to Europe. As European nations scramble to source LNG supplies outside of Russia, Australian LNG prices have …
