Industry News

PCNT were invited to join the NT delegation made up of various businesses showcasing some diverse capabilities and service offerings locally.

This was a great opportunity for PCNT to build brand awareness to the greater industry and we had a lot of interest in membership, networking opportunities and our events here in Darwin.

It was also great to continue to build some internal relationships with the other representatives of local businesses in the delegation and consider ways we can work together and collaborate in the future.

Thank you to the Dept of Business for including us in this delegation and for sharing with us the opportunity to represent territory businesses.

AOG 2016 is just around the corner! Don't forget to visit us at the NT stand located near the main entrance to the exhibition hall. Register now for the AOG conference and use the special PCNT discount code for 10% off your conference registration: AOG10

Thanks to Rusca Bros for your support providing an annual event partnership. Rusca Bros will be providing some great door prizes at our upcoming event throughout 2016. Congratulations to Peter Dummett on winning the February event prize drawn at the Total E&P presentation this month.

Following the announcements at the end of 2015 and their successful award for the construction of the NEGI pipeline, McConnell Dowell confirmed their support to the NT oil and gas industry becoming a Foundation partner with Petroleum Club NT.

McConnell Dowell are our final Foundation partner joining our 9 other organisations contributing to supporting the oil and gas industry in Northern Territory. 

This commitment contributes to PCNT's vision to continue to provide a platform to initiate and sustain business to business relationships and career opportunities  across the sector. 

Thanks MCD! We look forward to another great year for PCNT and our partners in 2016.

Credit:  Angela Macdonald-Smith

Entrepreneurs who have made billions on US shale and Queensland Coal seam gas are betting that the remote and little known Beetaloo Basin in the Northern Territory will be Australia's answer to the US unconventional gas phenomenon.

American Energy Partners (AEP), headed by US shale pioneer Aubrey McClendon, and multibillion-dollar Texas-based private equity investor Energy & Minerals Group (EMG), are among those that have been lured to the Beetaloo within recent months by huge estimates for resources as well as pipelines and LNG plants that can deliver gas to buyers.

That combination of favourable geology and multiple routes to customers, including the huge international LNG market as well as local mines and customers in southeast Australia, makes the opportunity in the Beetaloo area unique, players say.

Kevin Gallagher will start his rescue mission as CEO at Santos on February 1 fully expecting the low oil prices that have pushed its share price down nearly 70% in 12 months will persist for years to come – and will change the culture if needs be to turn the company around.

Full ENB News article here

See more details on Share Cast here.

In light of Jemena's recent news and appointment as operator for the NEGI pipeline, they have confirmed their support to the NT oil and gas industry becoming a Foundation partner with Petroleum Club NT.

This commitment contributes to PCNT's vision to continue to provide a platform to initiate and sustain business to business relationships and career opportunities  across the sector. 

Jemena will construct and operate the North East Gas Interconnector (NEGI) Pipeline to connect NT gas to eastern gas markets. The pipeline will cost $800 million to construct and will run for 622 kilometres between Tennant Creek in the Northern Territory and Mount Isa in Queensland.

"Earlier this year Transfield Services was presented with a once-in-a-generation opportunity to rebrand.

As part of the journey, we have developed a brand and story aligned to our business and that supports our ongoing development as we grow.

We have a long, rich and diverse heritage. We are moving forward with anew name and logo that represents the diversity of our people, solutions, services, capabilities, sectors, technologies and clients - it is this diversity that underpins our strength.

While our values, culture and legacy remain the same, we are excited to present our new company name - BROADSPECTRUM - and our re-energised story."

Graeme Hunt - Managing Director and CEO.

www.broadspectrum.com

McConnell Dowell has been awarded the coveted construction contract for the North East Gas Interconnector (NEGI) while Jemena will be the project’s lead operator.

The NEGI will be a 623 km pipeline that will link Tennant Creek in the Northern Territory (NT) to Mt Isa in Queensland, opening up supply lines between NT and the east coast gas market. The final project is valued at approximately AU$800 million.

Further information as As reported by Gas Today here.