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Oil & Gas Australia

Australia's leading Oil and Gas Journal

In 2017 Energy Publications will celebrate a proud milestone on the 36th anniversary of the company’s legacy as the leading resource journal publishers in the Asia Pacific. For over three decades Energy Publications, through its flagship Oil & Gas Australia magazine and other titles, PNG Resources and Asia Pacific Subsea World, has established itself as the world acknowledged authority of the oil

and gas sector in the region. In the process the publishing house has expanded its influence in the global market, producing specialist publications on behalf of the petroleum industries of Britain, Norway and Canada. It has been a spectacular ride since Oil & Gas Australia magazine first flowed off the presses in 1981 on a journey that has inspired everyone at Energy Publications to raise the bar ever higher to enhanced levels of excellence. That is our commitment to this dynamic industry moving forward into a new, exciting era of increasing energy demands – notably in China and India – and the challenging ways that the industry is ramping up to meet those needs. Oil & Gas Australia is a frequent asked publisher of one-off magazines celebrating the milestones of leading oil and gas producers in the region. Our PNG Resources magazine is the bible of publications in Papua New Guinea, delivering a unique, accurate and up-to-date coverage of mining and petroleum activities in that lively Asia Pacific country. Our mission statement is to keep covering the oil and gas sector in a lively, informative style consistent with a standard of excellence that will do justice to our readers, advertisers and associates. Energy Publications has also achieved significant success in producing unique products:
Annual Papua New Guinea Industry Overview
Oil & Gas Australia
PNG Resources
Glossary of Terms & Phrases

Directories:
The AAPSY and the WAPSY

02/03/2022

Thailand’s CK Power to double in size in three years

Mr. Thanawat Trivisvavet, Managing Director, CK Power PLC, said, “We will increase our installed capacity to 4,800 megawatts by 2024 through six new electricity generating facilities in Thailand and the region. All of our new installed capacity will be based on renewables, including solar power, hydro power and wind power.”

“As a part of our rapid growth plan, we aim to enter into three new ventures in two countries outside of Thailand, and these, too, will be based on renewables,” he said.

Read more at: https://www.oilandgasaustralia.com.au/thailands-ck-power-to-double-in-size-in-three-years/

23/02/2022

SEA Electric Backs Government Support of Future Fuel Fleets

Australian electric truck manufacturer SEA Electric supports the Federal Government’s latest funding program for future fuel technologies for businesses.

Announced today at SEA Electric’s Melbourne manufacturing facility by the Hon Angus Taylor MP, Minister for Industry, Energy and Emissions Reductions, the program will see the additional funding of up to $127.9 million made available to support the integration of electric vehicle technologies into both light and heavy vehicle fleets.

Read more at: https://www.oilandgasaustralia.com.au/sea-electric-backs-government-support-of-future-fuel-fleets/

16/02/2022

Askari Metals Commences Phase II Drilling Program on the Burracoppin Gold Project, WA

Askari Metals Limited, an Australia based exploration company with a portfolio of battery metals (Li + Cu) and gold projects across Western Australia, Northern Territory and New South Wales, is pleased to announce that the Company has commenced the second phase of RC drilling on its 100% owned Burracoppin Gold Project, located in the eastern wheatbelt along strike of Ramelius Resources Edna May Gold Mine in Western Australia.

The Company’s Phase I drilling program intersected multiple mineralised structures at Christmas Gift, Benbur and Easter Gift, and identified geological characteristics such as the potential for steeply plunging high-grade shoots, in addition to identifying potentially untested mineralised zones at Lone Tree. The Company has also completed a High Definition magnetic survey, which identified several potentially mineralised structures.

Read more at : https://www.oilandgasaustralia.com.au/askari-metals-commences-phase-ii-drilling-program-on-the-burracoppin-gold-project-wa/

09/02/2022

Santos announces booking of CO2 storage capacity

Santos announced a booking of 100 million tonnes of CO2 storage resource in the Cooper Basin in South Australia.

This represents a subset of the total prospective storage resource in the Cooper Basin and follows the final investment decision on the 1.7 million tonne per annum Moomba carbon capture and storage (CCS) project in November 2021.

Santos believes this is the first booking in the world in accordance with the CO2 Storage Resource Management System (SRMS) sponsored by the Society of Petroleum Engineers.

Read more at: https://www.oilandgasaustralia.com.au/santos-announces-booking-of-co2-storage-capacity/

02/02/2022

Bowens invests $1.2M for a sustainable future

Bowens, a fourth-generation, family-owned Australian business and market leader in supplying the largest variety of quality timber and building supplies in Australia, leads construction industry sustainability as they commit to reducing their carbon footprint with newly installed Power Factor Correction Units (PFCs) and Solar Modules.

As Australia experiences a surge of new home builds and renovations up 33% since 2019, Bowens demonstrates an ongoing commitment to reduced carbon emissions as a first step to tackling the output of Australian construction, as the sector makes up 18.1% of Australia’s carbon footprint.

Read more at: https://www.oilandgasaustralia.com.au/bowens-invests-1-2m-for-a-sustainable-future/

26/01/2022

First gas from Geographe wells

Beach Energy is pleased to announce the first two wells of its offshore Otway Basin campaign – Geographe 4 and 5 – have been connected to the Otway Gas Plant and are now delivering gas into the East Coast market following the completion of the commissioning phase.

The new wells effectively double the Otway Gas Plant production capacity which now has the well capacity to deliver ~180 TJ/d. Actual production rates will depend on customer nominations which vary on a seasonal and daily basis.

Connecting the remainder of the wells from the offshore campaign and connecting the nearshore Enterprise discovery is required to attain plant nameplate production capacity of 205 TJ/d.

Read more at: https://www.oilandgasaustralia.com.au/first-gas-from-geographe-wells/

19/01/2022

BE partners with Petrofac to bring Australian Green Hydrogen to WA

GREEN Hydrogen specialist Infinite Blue Energy Group (IBE) has entered into an agreement with leading international energy services company Petrofac to progress its landmark green hydrogen project, Arrowsmith.

This will be advanced through Front End Engineering Design (FEED) to support the Final Investment Decision (FID) of the AUD $350 million project in mid Q1 2021.

Located north of Perth, the Arrowsmith Plant will be in an area with abundant renewable energy resources. Green hydrogen for the Plant will be produced using renewable energy from solar and wind, with zero carbon debt.

Read more at: https://www.oilandgasaustralia.com.au/be-partners-with-petrofac-to-bring-australian-green-hydrogen-to-wa/

12/01/2022

Perth CFA builds on mining and petroleum relationship with launch of Natural Resources Vision

THE CFA Society Perth has launched its bold Natural Resources Vision, with the ambition to position Perth a global centre of excellence for natural resources finance. As the finance industry’s premier professional body, CFA Society Perth is leveraging its pivotal role to engage with and seek input from industry leaders and finance professionals in the natural resources sector.

Two hundred practitioners convened yesterday evening at the Frasers Function Centre to listen to the Bill Johnston, Western Australia’s Minister for Mines and Petroleum, Energy and Industrial Relations and Sherry Duhe, Executive Vice President and Chief Financial Officer of Woodside talk about the importance of excellence in commercial evaluation.

Read more at: https://www.oilandgasaustralia.com.au/perth-cfa-builds-on-mining-and-petroleum-relationship-with-launch-of-natural-resources-vision/

05/01/2022

Australian Hydrogen Council welcomes $150m funding boost

Planning framework is needed to underpin hubs and get industry to scale

The Australian Hydrogen Council (AHC) has welcomed today’s announcement by the Morrison Government of extra grants funding and expansion of its short list for a national network of clean hydrogen hubs.

AHC Chief Executive Officer, Dr Fiona Simon, said the announcement of an extra $150 million in grants
funding underlines that the Government is serious about investing in Australia’s hydrogen future.

“Committing grant funding of $464m to support feasibility studies and construction is another important step forward,” Dr Simon said.
“It’s certainly a vote of confidence in the industry and we hope there’s more to come.

Read more at: https://www.oilandgasaustralia.com.au/australian-hydrogen-council-welcomes-150m-funding-boost/

29/12/2021

Australian government confident “hot” Beetaloo’s potential will be a boost to the economy

OVERNMENT plans to accelerate gas exploration and development in the Northern Territory’s Beetaloo sub-basin to create thousands of jobs, provide significant economic benefits to the region and ensure Australia remains a world leader in the production of natural gas.

Federal Minister for Resources, Water and Northern Australia Keith Pitt said the Government’s approach would speed up exploration and production in the Beetaloo by around two years.

“The Government will provide up to $50 million for exploration that occurs before June 30, 2022, allowing the benefits of this important asset to be realised sooner,” Minister Pitt said.

Read more at: https://www.oilandgasaustralia.com.au/australian-government-confident-hot-beetaloos-potential-will-be-a-boost-to-the-economy

22/12/2021

Santos announces new Chief Financial Officer

Santos today announced Anthea McKinnell will become Chief Financial Officer from
1 January 2022, replacing Anthony Neilson who has held the role since December 2016.

Mr Neilson will stay with the company as Chief Commercial Officer initially based in Sydney, where he will play a key role in overseeing the transition of the Oil Search business.

Ms McKinnell has been with Santos as Deputy Chief Financial Officer since 2019. She has extensive experience in the industry, having previously spent 13 years at Woodside where she held several senior executive roles, including SVP Finance and Treasury, VP Global Operations Planning and Performance, and Acting CFO. Ms McKinnell is a Fellow of Chartered Accountants Australia and New Zealand, holds a Master of International Tax from the University of Melbourne and a Bachelor of Commerce from Curtin University.

Read more at: https://www.oilandgasaustralia.com.au/santos-announces-new-chief-financial-officer/

15/12/2021

Australia’s Blueprint as $100B Oil and Gas Decommissioning Bill Looms

Could Asian Countries Follow Suit

Australia has passed legislation that could set a precedent for who pays to clean up the fossil fuel industry in Asia, making former owners of oil and gas fields responsible for the costs of dismantling facilities if later owners fail.

The new law provides a blueprint for governments tussling with the oil and gas industry over the removal of hundreds of obsolete energy facilities, particularly as the world moves to a lower-carbon economy.

The cost of decommissioning offshore facilities in Australia is expected to run to $40 billion, with half of that in the next 10 years. For Asia-Pacific as a whole the clean-up bill is estimated at $100 billion out to 2050, say consultants Wood Mackenzie.

Read more at: https://www.oilandgasaustralia.com.au/australias-blueprint-as-100b-oil-and-gas-decommissioning-bill-looms/

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