Woodside invests in seismic technology

Blue Ocean Seismic Services (BOSS) is developing new technology which could improve the efficiency and cost of ocean bottom seismic data acquisition. –> Previous methods of seismic data acquisition included using remotely operated vehicles to place nodes on the ocean floor to capture and record soundwaves; however, the new technology focuses on using autonomous underwater …
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Bengal acquires gas acreage and pipeline

Bengal’s newly acquired assets are located in close proximity to the company’s 100 per cent owned and operated ATP 394 Barrolka Permit in the Cooper Basin. Bengal plans to integrate surface data from the four petroleum leases to enhance its understanding of ATP 394 and finalise the selection of exploration and appraisal drilling locations. “These …
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Mahalo lease applications lodged

Submitted to Queensland’s Department of Natural Resources, Mines and Energy, the PLAs cover the initial development area for the Mahalo Gas Project and are the first step in the process to convert a shorter term exploration tenure into a longer petroleum lease. The JV is aiming for a 30-year lease term, which will carry a …
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Santos deals in on Innamincka

Red Sky acquired Cooper Basin licences PRLs 14, 17, 18, 180, 181 and 182, known as the Innamincka Dome projects, from Beach Energy earlier this year, with the licences containing the prospective Flax and Yarrow. The new agreement will see Santos earn an 80 per cent interest and operatorship in the licences in return for …
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Galilee Energy announces board appointment

With over 30 years’ experience as a solicitor and counsel working with energy and resource companies globally, Mr Grieve is a skilled advisor in corporate governance and compliance issues, as well as company takeovers and schemes of arrangements. He has also previously represented companies and directors on all aspects of major corporate transactions and commercial …
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Cooper finds new Otway gas field

Project operator Cooper Energy, with joint venture (JV) partner Mitsui E&P Australia has made the discovery through its Annie-1 exploration well, located 9 km off the coast of Victoria. The Waarre C and Waarre A Formation sandstones were penetrated through the well borehole, while the Waarre C primary target was encountered at 2,341 m measured …
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New Zealand considers hydrogen future

The potential of positioning green hydrogen to reduce New Zealand’s carbon emissions, create more jobs and become a new export industry has been considered in a new government green paper. Titled A Vision for Hydrogen in New Zealand, the green paper outlines how policies, regulations, technology, infrastructure and investment could support a range of industries …
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OEG secures $6.6 million contract

With a potential worth in excess of $6.6 million, OEG Offshore (OEG) has secured a contract with Woodside Energy. The contract will allow OEG to supply a variety of DNV 2.1–1 cargo carrying units for all Woodside’s offshore production activities in Australia. More than 400 offshore containers and baskets will be supplied from OEG’s base …
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Fyfe acquires Gleeson Surveying

Fyfe Managing Director Mark Dayman said the move would contribute to the company’s plan to expand by around 10 per cent in the coming two years. “This would put us in a strong position to bid for work on major national infrastructure projects such as Inland Rail and Snowy 2 developments, as well as major …
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Norwest sells Perth Basin permit

A sale and purchase agreement (SPA) has been executed between Norwest Energy NL and operator RCMA Australia in relation to the L14 production permit in the Perth Basin, Western Australia. This transaction will enable Norwest to better focus its financial resources on the core Perth Basin projects in which it has material participating interests, including …
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