Woodside has entered into a sale and purchase agreement with LJ Scarborough (LNG Japan) for the sale of a 10 per cent non-operating participating interest in the Scarborough Joint Venture.
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Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding (MoU) with Timor-Leste’s national oil company TIMOR GAP to explore partnership opportunities for the proposed Bayu-Undan carbon capture and storage (CCS) project offshore Timor-Leste.
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Despite reporting a decrease in production levels, the company’s full-year production guidance remains unchanged at 180–190 million barrels of oil equivalent (MMboe).
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Carnarvon Energy is one step closer to divesting a 10 per cent interest in its Bedout assets to OPIC Australia, a wholly owned subsidiary of CPC.
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According to the Department of Industry, Science and Resources, Australia is well placed to seize the opportunities from the broader energy transition, given the country’s rich geological reserves, expertise at extracting minerals and track record as a reliable producer and exporter of energy and resources.
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After completing an extensive review in two of its licence areas in the Joseph Bonaparte Gulf, Melbana Energy has found a carbonate build up which could lead to a large oil reservoir.
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Tamboran Resources has obtained exclusivity over gas compression and liquefaction facilities for potential early production from the Beetaloo Basin.
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Northern Territory Liquefied Natural Gas (NTLNG) represents the first fully integrated onshore LNG development in Northern Australia where upstream, midstream and downstream production and processing are based in the Northern Territory.
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Empire Energy has announced a major upgrade to its independently assessed EP187 contingent and prospective resources, which is home to the Carpentaria wells.
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