Blue Energy locks in first Bowen Basin gas deal

Blue Energy has secured an agreement with EnergyAustralia to supply 100 petajoules (PJ) of gas from Wallumbilla in Queensland into the east coast market over 10 years. The agreement will allow North Bowen Basin gas to be delivered into the main east coast domestic market to the south from Arrow Energy’s Moranbah gas field. Blue …
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Blue Energy proposes solution to east coast gas shortage

Blue Energy has been in discussions with the Australian and Queensland Governments to highlight the need for national energy infrastructure projects to ensure energy is delivered to east coast manufacturers and gas users. This follows the Australian Energy Market Operator’s (AEMO) gas statement of opportunities (GSOO) March report, which projected long-term east coast domestic gas …
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Santos upgrades 2025 production target

The new target, up from the 100 mmboe Santos set in 2018, represents a cumulative annual growth rate in production of over 8 per cent to 2025. Speaking at the company’s Investor Day in Sydney, Santos managing director and chief executive officer Kevin Gallagher said the execution of the company’s transform-build-grow strategy since 2016 had …
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Karoon to exit Great Australian Bight

The company will instead focus on progressing a number of South American assets, according to chairman Bruce Phillips. Speaking at the company’s annual general meeting (AGM), Phillips said the company was focussed on ensuring its broader asset portfolio was appropriately sized for its capital capabilities and corporate values. “In Australia we have relinquished WA-314-P after …
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Valmec reaches milestone at Project Atlas

The Atlas gas pipeline project will transport gas from the Atlas gas field, the first domestic gas acreage from the Queensland Government, to the domestic east coast market via Jemena’s Darling Downs Pipeline. Atlas is a 60-kilometre-long, buried gas pipeline between Senex Energy’s Atlas gas field, west of Wandoan and Jemena’s Darling Downs Pipeline, and …
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New Gorgon tender released

Operated by Chevron, the GS2 is an upgrade of the existing subsea petroleum facilities at the Gorgon Project in Western Australia, with new wells and subsea infrastructure to be added to the Gorgon and Jansz-Io fields. TechnipFMC was awarded the subsea installation contract for GS2 last year and the company has just released a bulk …
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AEC appoints new Chair

AGL Energy CEO and Managing Director Brett Redman is the new AEC Chair, while Delta Electricity Chief Executive Greg Everett is the new Deputy Chair. The new appointments replace outgoing Chair and CEO Jeff Dimery and Deputy Chair and Hydro Tasmania CEO Stephen Davy. Mr Dimery will remain on the AEC board, but Mr Davy …
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Industry funds LNG training

The Australian Petroleum Production and Exploration Association (APPEA) announced $400,000 in funding towards the training as a support to the Western Australian Government’s LNG Jobs Taskforce. The program would create the materials and coursework needed to ensure LNG workers obtain qualifications recognised by all the operating companies in the industry. APPEA Chief Executive Andrew McConville …
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ERA keeps ATCO prices low

In July, ATCO unveiled its $3.6 million Clean Energy Innovation Hub in Jandakot, WA, where it is investigating the potential of integrating hydrogen into the natural gas mix. ATCO had pushed for a greater increase in customer cost to use its 14,000 km WA gas pipeline network in order to subsidise the hydrogen project, but …
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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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