Natural gas is a viable energy option that contributes efficiently to achieve a balance between the environment, social, and economic dimensions of the sustainable development. It reduces carbon intensity and pollution resulting from energy-related activities, supports access to modern energy, improves availability and reliability of supply, and provides competitive and affordable energy,” the Gas Exporting Countries Forum (GECF) Secretary General recently said at the 25th Oil & Gas of...
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Searcher announces seismic project offshore South Africa
Searcher has announced a new multi-client 2D and 3D seismic rectification project Offshore South Africa, in collaboration with the Petroleum Agency of South Africa.
The South Africa seismic data covers the Outeniqua Basin and its sub-Basins; the Bredasdorp, Infanta, Pletmos, Gamtoos, Algoa and Southern Outeniqua Basins.
Searcher said it has applied its proprietary post-stack reprocessing method to rectify navigation, metadata, amplitude, phase and time creating a contiguous database...
Senex announces sale of Cooper Basin business
Senex has entered into a binding agreement with Beach Energy to sell its South Australian Cooper Basin assets for an $87.5 million cash consideration.
The sale will result in Senex’s exit from the Cooper Basin after more than 20 years, and will support plans to accelerate the development of its Surat Basin natural gas assets, increasing the supply of natural gas to the east coast to support manufacturing and jobs.
Senex said that together with strong and increasing cash flow...
Oil and gas reforms key to Queensland’s energy future
Australia’s oil and gas industry has congratulated Premier Annastacia Pałaszczuk and the Labor Party following their election success in Queensland on Saturday.
APPEA Chief Executive Andrew McConville said the industry makes a significant contribution to the state and has invested more than $70 billion into Queensland’s economy due to the rapid development of the natural gas and LNG industries.
“As a key driver of Queensland’s economy, the oil and gas sector is...
Searcher commences Perth Basin Airborne Survey
Searcher has announced the acquisition of two proprietary airborne exploration surveys over the onshore Perth Basin, to be acquired on behalf of Mitsui E&P Australia (MEPAU).
The new airborne geophysical data includes two surveys over three of MEPAU’s onshore Perth Basin permits (EP455, L4 and L5) located in the Shire of Coorow and Shire of Carnamah.
Searcher have assisted MEPAU with the project planning and regulatory approvals, including obtaining feedback from local stakeholders...
Little change in Geoscientist employment
Geoscientist employment in Australia remained relatively stable during the third quarter of 2020. Nationally, unemployment increased to 10.6% from 8.6% in the June quarter, while under-employment fell significantly to 12.7% from 17.4% for the period.
Under-employment, in this survey series, is defined as geoscientists being unable to secure more than 25% of their desired workload.
Full time geoscientist employment fell from 69% in the June quarter to 61%. The proportions of...
Shell Deepwater Selects Bentley’s iTwin Platform for Project Delivery
Bentley Systems has announced that Shell’s Deepwater business has selected Bentley’s digital twin approach to streamline its capital projects process and accelerate time to first oil.
Bentley said that with a plan to deliver several subsea tie-back projects over the next 10 years, Shell Deepwater Projects has recognized a significant opportunity to accelerate capital project delivery and cut project delivery time by implementing an integrated digital project and engineering...
New SA hydrogen plant to supply industry
A pioneering hydrogen production plant in final commissioning in Adelaide is set to become a major supplier to industry – with the SA regional city of Whyalla to be the first beneficiary.
The breakthrough will position the new Hydrogen Park South Australia (HyP SA) facility at the Tonsley Innovation District as a major wholesale supplier of renewable hydrogen in Australia.
Project developer Australian Gas Networks (AGN) - part of the Australian Gas Infrastructure Group (AGIG) has...
Australian Gas Industry Trust appoints inaugural Executive Officer
The Australian Gas Industry Trust (AGIT) has appointed its first Executive Officer, Dr Jen Thompson, to further develop the Trust’s core objectives of promoting gas industry research and education.
“With a strong background in energy, research and science education, Dr Thompson is an ideal person to take AGIT’s activities forward through the energy transition,” said Trust Chairman, Dr Graeme Bethune. “I am delighted to have Jen on board.”
Dr Thompson has more than 20 years...
INPEX signs up for DUG McCloud
DUG Technology has signed a deal with Japanese energy company INPEX to provide HPC cycles and software using DUG McCloud.
DUG Technology Managing Director Matt Lamont said the INPEX collaboration had the potential to lead to the DUG McCloud platform being used for other INPEX projects as part of a long-term relationship.
INPEX tested the platform at DUG’s headquarters in Houston before signing the contract.
“We know that once prospective clients try the software, test the...