"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.”
Carbon capture and storage (CCS) will form a key plank in INPEX’s (TYO:1605) efforts to progressively decarbonise its Ichthys liquefied natural gas (LNG) operations in Australia’s Northern Territory. It will also help Japan’s biggest energy company establish the foundations for the next generation of clean fuels.
EIG-backed MidOcean Energy has struck a deal to buy Tokyo Gas’ stakes in four Australian LNG projects, for $2.15 billion in cash.
TotalEnergies benefited from higher energy prices in the third quarter, particularly from gas, which was up 85% against the previous quarter.
Total has delivered its first cargo of carbon neutral LNG to China National Offshore Oil Corp.’s (CNOOC) Dapeng terminal.
Shifting political dynamics in East Timor hint at a change in direction for the petroleum sector as Woodside values the country’s proposed Greater Sunrise project at zero.
Australian LNG exports will rise to 81 million tonnes in 2019-20, according to the country’s new Resources and Energy Quarterly (REQ), although the value of these will decline.
US energy services giants McDermott and Baker Hughes GE have been awarded contracts for the Inpex-operated Ichthys LNG project off Western Australia.
A Norwegian subsea service company has launched an investigation after two of its divers reported suffering symptoms of brain damage.