Woodside to apply lessons from Sangomar to Scarborough
Travel restrictions have eased, she said, and the company sees a need for quality control work. “We do understand the reasons for the remedial work – and we’re taking actions for Scarborough.”
Travel restrictions have eased, she said, and the company sees a need for quality control work. “We do understand the reasons for the remedial work – and we’re taking actions for Scarborough.”
"This acquisition is also supported by the efforts undertaken with Inpex in the Bonaparte CCS Assessment joint venture to appraise the area’s potential for geological storage of CO2, in order to abate CO2 emissions from the Ichthys LNG project.”
The OA said Woodside should be held to account for “running their facilities and their workforce into the ground. Clean your act up Woodside as the health and safety of our members and your 'Licence to Operate' depends on it.”
Woodside also awarded Wood front-end engineering and design (FEED) work for the Goodwyn Alpha Low-Low Pressure project, off Western Australia.
Energy logistics firm Asco has appointed Warren McHardie as managing director of its operations in Australia, effective from Monday.
“Carnarvon is transitioning from explorer to producer through development of the Dorado and Pavo discoveries in collaboration with operator Santos."
The Aberdeen headquartered Well-safe Solutions is expanding its operations in Australasia after identifying a $40.5 billion decommissioning opportunity.
In the first quarter, Woodside reported an average portfolio sales price of $85 per boe. In the second quarter, this fell to $63.
The Australian Renewable Energy Agency (ARENA) CEO Darren Miller said the pilot “looks to prove a promising technology for decarbonising one of our most emissions intensive industries”.
The worker who died in an incident at Australia’s largest oil and gas project, the North Rankin Complex (NRC), has been confirmed to be Vertech Group rope access technician, Michael Jurman.
Energy Voice is proud to be a Supporting Partner on Hydrogen Queensland’s 2nd Annual Hydrogen Connect Summit 2023.
“For us to make the big investments that we make which pay out over, or generate revenue, over 20-plus years we need a stable fiscal and regulatory regime,” said CEO Meg O’Neill.
“I encourage you to do it. You should be encouraged to do it in a lawful manner. It should be something held to be very precious to all of us. In this case you simply went too far,” the magistrate said.
The joint venture is reviewing ways to manage the emissions, including the feasibility of carbon capture and storage.
“Knowing what’s under the seabed in this location helps ensure everything we do – from turbine design and placement through to construction methods – is tailored specifically for this location in Bass Strait.”
Among the company’s plans, it sees gas as playing an important part. The company took final investment decision (FID) on the Akatara gas project in June 2022. It is 28% complete and should reach first gas in the first half of 2024.
O’Neill cited the US’ Inflation Reduction Act (IRA) as a “game changer”. She went on to say that if Australia intends to compete “in the global race to transition to new energy, we need to incentivise investors to take the required risk”.
A Brookfield consortium and EIG’s MidOcean Energy have agreed a deal to buy Origin Energy, which has power market and LNG interests in Australia.
However, “a small number of inconsistencies in standard fittings were identified” during this process. As a result, Jadestone is now tackling these problems in order to ensure safety.
The demonstration project will use DAC or CO2 captured from industrial emitters. Santos aims to use its existing infrastructure to “generate, liquefy and export” e-methane to Japan.
“The combination of low fees and increasing costs mean we estimate unlevered internal rates of return (IRRs) as low as 5-6% for some projects. Based on these returns, some projects are finding it challenging to secure finance, particularly via equity raises,” said Harrison.
Santos (ASX:STO) today announced its full-year results for 2022, reporting record free cash flow of US$3.6 billion and underlying profit jumping 160% to US$2.5 billion. The results reflect significantly higher oil and LNG prices compared to 2021, due to stronger global energy demand, combined with a higher interest in PNG LNG following its merger with Oil Search.
Gas production at Eni’s (MIL:ENI) Blacktip gas field offshore northern Australia has fallen faster than expected raising fears about energy security in the Northern Territory. However, the Italian company hopes development drilling might reverse the decline.
The company claimed there was only a negligible impact on the environment. The response prompted the whistleblower to speak up.
The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. However, China was insulated from the trend.