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  • 20 Jan 2020 10:27 AM | Sonia Harvey (Administrator)

    Energy Club NT are proud to be a supporting partner for the Australasian Oil & Gas Exhibition & Conference again in 2020. The conference is free to register with some great networking events too. Members have access to 10% discount when booking for the networking events. Contact the office to find out more!

    https://aogexpo.com.au/

  • 16 Jan 2020 2:33 PM | Sonia Harvey (Administrator)

    JADESTONE Energy, which operates the Montara, Skua, and Stag oilfields offshore Western Australia in Commonwealth waters, has revealed its new drilling and development plans for the second half of this year.

    The company, based in Singapore and listed on the Toronto Stock Exchange and London Stock Exchange, recently applied to the national regulator, the National Offshore Petroleum Safety and Environmental Management Authority, to drill two development wells.

    The first well, H6 will be drilled in the AC/L7 production permit on the Montara Field.

    A second development well, Skua-12 will be drilled in the adjacent AC/L8 license on the Skua Field.

    Jadestone also proposes to conduct workovers of the H3 and Skua-10 wells across the two respective permits.

    First spud is expected in the second quarter of this year.

    The total drilling and workover activities will likely take 150 days, however this is subject to weather conditions, drillrig availability and operational efficiency.

    Drilling of the Montara H6 well is estimated to take 80 days and drilling of SKUA 12 is estimated to take 50 days.

    The wells will be drilled from the existing unmanned wellhead platform on the Montara field.

    The H3 and Skua 10 workover is estimated to take 20 days each.

    Skua field is located approximately 20km from the Montara platform.

    Babcock has been contracted to provide helicopter services.

    Jadestone is yet to choose a jack-up rig contractor and confirm support vessel subcontractors.

    Source: Energy News Bulletin

    Read more here

  • 13 Jan 2020 4:23 PM | Sonia Harvey (Administrator)

    NERA to lead new hydrogen cluster, positioning Australia as a global force in emerging hydrogen economy

    Australia can become a global hydrogen leader, creating world-class centres of excellence in hydrogen technology and research with the announcement of a new industry-led hydrogen cluster to be delivered by NERA (National Energy Resources Australia)

    The Hydrogen Industry Cluster will drive crucial collaboration across the emerging hydrogen value chain, building the scale and capabilities of existing industry start-ups, scale-ups and SMEs and further leveraging and developing their technologies that will sustain a clean, innovative, competitive and safe hydrogen industry.

    As a first step to establishing the cluster group, NERA will be holding a workshop in Darwin during February and are seeking attendance expressions of interest from interested SME’s, researchers, innovators and operators.

    If you would like to be kept informed of workshop details and arrangements, please send your  contact details (business name, name, position title, email address and mobile number) to;

    Gavin Asikas

    Manager Energy Industry Supply Chain (SA & NT)

    M: +61 448 948 160  

    E  gavin.asikas@nera.org.au   

    nera.org.au


  • 13 Jan 2020 2:44 PM | Sonia Harvey (Administrator)

    AUSTRALIA’s minister for natural resources Matt Canavan has signed a joint statement of cooperation with Japan’s Minister of Economy, Trade and Industry, Hiroshi Kajiyama on the development of hydrogen and fuel cells, paving the way for further work on developing a hydrogen export industry.

    Japan has plans to build a domestic hydrogen economy to decarbonise and Australia is working to replicate the success of its LNG exports with a hydrogen export industry, while also exploring the gas for domestic use.

    The two signed the statement during the Australia-Japan Ministerial Economic Dialogue in Melbourne last week. 

    "Australia is building a hydrogen production base to foster domestic growth and meet future export demand in Japan and the region," Canavan said.

    The nine-point document outlines future cooperation and builds off both Australia's National Hydrogen Strategy of 2019 and  the Tokyo Statement released during the 1st Hydrogen Energy Ministerial Meeting in Tokyo in October 2018 and the Global Action Agenda of the Tokyo Statement released during the 2nd Hydrogen Energy Ministerial Meeting in Tokyo in September 2019.

    Australia finally released its National Hydrogen Strategy in November last year. Though it presents a clear way forward, notes each state's capabilities and projects and aims to develop hydrogen service ‘clusters' it has been criticized for its focus on fossil fuel generated hydrogen.

    "Scenarios developed for the National Hydrogen Strategy indicate an Australian hydrogen industry could generate about 8,000 jobs and about $11 billion a year in GDP by 2050," a statement from the minister's office said this afternoon.

    "The statement encourages Australia and Japan to exchange views on national hydrogen strategies and safety information as well as shape the global hydrogen market regulations," the government said today.

    It will also encourage the two "to exchange views on national hydrogen strategies and safety information as well as shape the global hydrogen market regulations".

    It also called the Hydrogen Energy Supply Chain project in Victoria "a cornerstone of the bilateral economic relationship and welcome the steady progress of the project towards establishing an international hydrogen supply chain."

    The $500 million project, which has $100 million of funding from Australian government bodies both federal and state, aims to develop hydrogen from the La Trobe Valley's brown coal, sequestering the resulting carbon underground utilising the CarbonNet carbon capture and storage project then liquefying the resulting gas and transporting it via specialised ship to Japan. 

    Kawasaki, which is developing the project, launched the world's first bulk liquid hydrogen carrier the Susio Frontier in December, which will transport the new fuel to a terminal in Kobe, Japan, that is still under construction.

    Source: Energy News Bulletin

    Read more here.


  • 09 Jan 2020 12:38 PM | Sonia Harvey (Administrator)

    Watch Origin's Beetaloo Exploration video here

    ORIGIN Energy has responded to allegations it did not properly consult stakeholders in the Beetaloo Sub-basin by releasing a video on social media platforms with testimonies from various Native Title Holders.

    Social license issues and community condemnation has plagued Origin since the Northern Territory Gunner government lifted a moratorium on fraccing following the extensive Pepper environmental review.

    The video released by the company shows Native Titleholders apparently giving their blessing for Origin's plans due to new employment opportunities.

    "Opportunity wise and workwise, I think it is good that the gas industry is looking for people like us in the middle of the sticks because we don't get much, you know, contracts out here," title holder Gordon Jackson said, quoted in a tweet from Origin.  

    The praise comes after Origin delivered a new football oval for the town of Elliott in the NT.

    "There's not much opportunities, especially when you're a kid. We have a big dream but no opportunity to go places so your dreams and who you wanted to be dies then," Ben Ulamari said in an online video.

    Ulamari said there were now more opportunities to have choices in life.

    "We look after well sites in the Beetaloo Basin, so well checks all that sort of stuff. We also look after the airstrip."

    Ulamari's sentiment is shared by fellow titleholder Pompey Raymond, who said when he was "born on the Beetaloo" his community had no school or money.

    "[Gas development] is right for me. There's work for some of those young fellas," Raymond said.

    Origin, which became operator of several exploration permits in the Beetaloo in 2014, said it would continue to work "constructively, transparently and in good faith," with Traditional Owners that held Native Title Holder status.

    The company is required to provide its planned work programs a year in advance to the Northern Land Council and Native Title Holders to allow for community consultation.

    According to Origin, the timing allows for consideration of sacred site avoidance and clearance surveys to be completed and certified by law.

    Last year Origin and Falcon faced severe backlash from pastoralists and environmental campaign group Lock the Gate.

    In November Lock the Gate and several pastoralists near Origin's operations condemned the Territory government for not passing land access agreement legislation which would require oil and gas explorers to reach an agreement with pastoralists before accessing leases.

    The regime was supposed to be implemented before Origin spud its Kyalla well and included a series of minimum mandatory provisions on how pastoral leasers should be compensated for the impact exploration and production operations would have on their properties.

    Origin also faced unprecedented pushback from minority activist shareholders at its annual meeting in October, such as the Australasian Centre for Corporate Responsibility.

    It claimed Origin had not properly consulted key Native Title Holders, however their allegations were based on indigenous people from other areas of Northern Territory, not direct Native Title Holders.

    Separately Bullwaddy Pastoral Company, which operates the Amungee Station near Daly Waters close to Origin's leases, took Origin to court over drilling plans arguing the joint venture had not conducted thorough consultation with stakeholders.

    The case was withdrawn from the Supreme Court after a meeting between the two parties.

    Origin (70%) and its Irish joint venture partner Falcon Oil & Gas (30%) recently hit gas at the Kyalla 117 N2 appraisal well, with initial evaluations of the vertical section of the well intersecting three source rock reservoir sections within the Kyalla Shale Formation with a thickness measuring almost 900 metres.

    All three sections exhibited "elevated gas shows with relatively high C3, C4, and C5," according to the venture.

    Source: Energy News Bulletin

    Read more here

  • 07 Jan 2020 1:08 PM | Sonia Harvey (Administrator)

    AUSTRALIA’s unprecedented bushfire disaster has seen the country’s upstream oil and gas industry mobilise by evacuating fire victims and making multi-million dollar donations.

    The fires have devastated more than 12 million hectares on the east coast, destroying whole towns and killing 22 people including volunteer firefighters.

    Last week the department of defense was called in to start evacuating locals in bushfire affected areas on the Gippsland coast of Victoria.

    However, oil and gas contractors also played a crucial role in the evacuations before the military was deployed by Canberra.

    The rig tender anchor handling vessel Far Saracen was released from a work program with ExxonMobil and deployed to provide provisions and relocate stranded citizens.

    A police officer who helped the crew of the Far Saracen, Chris Nairey, wrote in a Facebook post that the workers aboard the Far Saracen "worked around the clock… looking after sick people, the elderly, infants, and even special-needs teenagers."

    "They fed us. Gave us beds. Even made sure we had clean uniforms and underwear," he said.

    "They did this all while supplying Mallacoota with food, water and diesel. They did all of this on top of running the ship."

    Since New Year's Eve, ExxonMobil through its wholly-owned subsidiary Esso has worked continuously with emergency services responding to the East Gippsland fires.

    "This has included providing two support vessels, the Far Saracen and the Far Senator, which helped provide food and water to the town of Mallacoota, as well as providing accommodation for community members with medical conditions and emergency response personnel," an ExxonMobil spokesperson told Energy News.

    ExxonMobil also provided two of its helicopter fleet for firefighting services.

    The upstream industry has also pledged more than A$4 million to help affected communities.

    Source: Energy News Bulletin

    Read more here

  • 05 Dec 2019 11:59 AM | Sonia Harvey (Administrator)

    CONTRACTOR Valmec has achieved mechanical completion at Jemena’s Atlas gas compressor facility.

    The 40 terajoule plant will process gas from Senex Energy's Project Atlas gas fields in the Surat Basin before piping it to the east coast domestic market.

    In June last year, Senex and Jemena partnered to build the 40 terajoule gas compressor and pipeline to send gas from the Project Atlas processing facility to Wallumbilla Hub, marking the first domgas route to market.

    Jemena completed the pipeline which connects the fields to the processing facility in October.

    Valmec said on Saturday it expected to be fully demobilised from the site by the end of December, having achieved the last stage of construction activities.

    "Commissioning by the Jemena team is well underway, ensuring gas from the facility can be delivered to major Queensland manufacturers, providing a major boost to the local economy," Valmec said.

    Source: Energy News Bulletin

    Read more here

  • 03 Dec 2019 11:56 AM | Sonia Harvey (Administrator)

    Santos today lifted its 2025 production target further to 120 million barrels of oil equivalent (mmboe), more than double 2018’s output.

    The new target, up from 100 mmboe set in 2018, represents a cumulative annual growth rate in production of over 8% to 2025.

    Speaking at the company’s Investor Day in Sydney, Santos Managing Director and Chief Executive Officer Kevin Gallagher said the successful execution of Santos’ Transform-Build-Grow strategy since 2016 has the company positioned for disciplined growth and sustainable shareholder returns.

    “Our strategy has been to establish a disciplined low-cost operating model that delivers strong cash flows through the oil price cycle. Our 2019 forecast free cash flow breakeven oil price is now ~US$29 per barrel,” Mr Gallagher said.

    “The recently announced acquisition of ConocoPhillips’ interests in northern Australia and Timor-Leste1 will further reduce our breakeven oil price and deliver operating interests in long-life, low-cost conventional natural gas assets and strategic LNG infrastructure.”

    “We are now positioned for disciplined growth leveraging existing infrastructure in all five of our core assets, which we believe will deliver 120 mmboe by 2025.”

    This disciplined growth portfolio includes:

    •          Barossa LNG – targeting FID around the end of Q1 2020
    •          Dorado liquids – targeting FEED-entry Q2 2020
    •          PNG LNG expansion – targeting FEED-entry in 2020
    •          GLNG ramp-up to ~6.2 mtpa sales from 2020
    •          Cooper Basin production growth.

    Mr Gallagher said Santos was well positioned to fund growth out of operating cash flow and debt while maintaining gearing levels within the company’s target range through the major growth phase, with rapid de-gearing expected thereafter.

    “Natural gas is forecast to supply a quarter of the world’s total energy demand by 2040. Through our Energy Solutions business, we are investing in projects to lower emissions and assessing the significant potential for carbon capture and storage in the Cooper Basin,” Mr Gallagher said.

    Completion of the acquisition is expected in the first quarter of 2020 and is subject to third-party consents and regulatory approvals.

    Guidance

    Santos has narrowed 2019 production guidance to 74-76 mmboe (previous 73-77 mmboe) and sales volumes guidance to 93-95 mmboe (previous 90-97 mmboe).

    2019 upstream unit production cost guidance is lowered to $7.25-7.50/boe (previous $7.25-7.75/boe). Capital expenditure is expected to be approximately $1 billion (previous $950 million to $1,050 million) including major growth. 


  • 03 Dec 2019 11:53 AM | Sonia Harvey (Administrator)

    SANTOS won’t move headquarters from hometown Adelaide but will move its offshore division to Perth, according to managing director Kevin Gallagher at his company’s investor day in Sydney this morning. 

    Last week at the Resources Technology Showcase in Perth Western Australian premier Mark McGowan suggested "Santos could be Wantos" as he called for a series of companies including Santos and BHP to re-headquarter to the west's sunnier climes.   

    He suggested Sydney's beaches are hard to get to, Melbourne's not worth visiting, Brisbane's too humid and "don't get me started on Adelaide".   

    "Santos could become Wantos, you won't regret moving to WA you'll be right at the cutting edge," he said.  

    "I think it's a long term prospect. A lot of their operations are here," he told a later press conference.  

    McGowan suggested Santos could base "divisions of their operations (in Perth), I think it would be a wise move on their part and obviously I have mentioned that repeatedly to Mr Gallagher." 

    "We're not planning on moving our headquarters to Perth, (but) we're centring our offshore business there," Gallagher said today in response to a question about whether Santos' Perth headquarters could tower over Woodside.  

    Rather it will locate its onshore business in Queensland and midstream operations and headquarters would stay in South Australia, he said. 

    Source: Energy News Bulletin

    Read more here

  • 02 Dec 2019 12:01 PM | Sonia Harvey (Administrator)

    AUSTRALIAN Gas Infrastructure Group has officially started construction of South Australia’s first hydrogen production plant in South Adelaide.

    The Hydrogen Park SA is an A$11.4 million small-scale facility consisting of a 1.25 megawatt electrolyser which splits water into oxygen and hydrogen gas.

    AGIG said the facility would be operational next year, with hydrogen produced and blended into the local gas distribution network by the end of 2020.  

    Today AGIG chief executive Ben Wilson and South Australian energy minister Dan van Holst Pellekaan formally launched the construction start-up.

    "This is a significant milestone in South Australia and for hydrogen in Australia," Wilson said.

    "This will enable residents in parts of the Adelaide suburb of Mitchell Park, to become South Australia's first natural gas customers to receive a blended 5% renewable gas - a combination of natural gas and renewable hydrogen."

    AGIG received A$4.9 million from the state government's Renewable Technology Fund to build and operate the project.

    Valmec was named key project development partner for the facility in July.

    Source: Energy News Bulletin

    Read more here

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