Worley to supply brownsfiend services to Woodside

Woodside leaders reinforce company’s stable position

Woodside chairman Richard Goyder and chief executive officer and managing director Peter Coleman have reiterated that the company is moving through the current market challenges with “one of the stronger balance sheets in the industry”. Goyder, speaking at the company’s annual general meeting, said to protect Woodside, the company had adopted an operating model that …
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Cooper Energy finalises Minerva gas plant acquisition

The plant has been acquired from the Minerva joint venture participants – BHP Petroleum (90 per cent interest) and Operator, Cooper Energy (10 per cent interest) – following the end of production from the Minerva gas field in early September. Cooper and Mitsui have acquired the plant to process gas from the Casino, Henry and …
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Galilee targets Kumbarilla

The company was granted operatorship and a 100 per cent interest in ATP 2043, known as Kumbarilla, in August this year as part of the Queensland Government’s 2019 release of new petroleum resource areas. The acreage, which covers 384 km2, overlaps the Bowen and Surat basins and has a 2C contingent gas resource of 504 …
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Coleman says hydrogen 10–15 years away

Speaking during an industry panel discussion in Western Australia this week, Mr Coleman said hydrogen had potential but there was still work to be done. “Hydrogen’s energy density is a lot lower than competing fuels,” said Mr Coleman. “Hydrogen molecules are very small so they like to escape the vessels that they’re in, so that’s …
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Port Kembla power station

Origin considering LNG imports

According to The Australian, Origin Chief Executive Officer Frank Calabria said the company was exploring the possibility of investing in or securing a gas supply deal with an in-development LNG terminal. “[Import terminals are] a potential alternate supply of gas when it’s needed most in the market,” said Mr Calabria. “The demand is obviously higher …
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Vintage progresses explorations

In the onshore Otway Basin, Vintage’s Easternwell is in the process of mobilising the Rig 106 to the Nangwarry-1 well location in PEL 155. The operator of the Otway Basin joint venture, Otway Energy, anticipates the well to spud on approximately 1 December 2019; Vintage has a 50 per cent interest in PEL 155. In …
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NSW to review health and safety

The Work Health and Safety (Mines and Petroleum Sites) Act 2013 and Work Health and Safety (Mines and Petroleum Sites) Regulation 2014 will have been in place for five years in 2020 and NSW law states a review must be undertaken after this length of time. NSW Resources Regulator Director Regulatory Programs Tony Linnane said …
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Industry welcomes National Hydrogen Strategy

The strategy was released last week by the Council of Australian Governments (COAG) Energy Council after being in development for nearly 12 months by COAG’s Hydrogen Working Group, chaired by Australia’s Chief Scientist Dr Alan Finkel. The strategy provides a plan for Australian governments and industry to grow the country’s hydrogen sector and turn the …
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Vintage signs rig for Cooper Basin

The deal with Saxon, a subsidiary of Schlumberger, will see Vintage acquire the use of the SLR-185 rig to drill the Vali-1 well in ATP 2021, located in the Queensland portion of the Cooper Basin. The rig is currently employed by Senex Energy at a different location, but Vintage expects it will relocate to ATP …
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Report: CSG to decline 60%

Research produced by Rystad Energy indicates that, based on the remaining proved and probable (2P) reserves and well numbers, production could drop significantly over the next decade, with new projects and exploration expected to offset only 30 per cent of this. Rystad’s forecast also assumed there would be no additional 2P reserve write downs, an …
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