Australia

Santos will seek an expedited appeal of the Australian Federal Court decision.

The CStore1 project aims to prove that floating storage and injection facilities are competitive with pipelines and fixed offshore infrastructure.

The authors of this paper describe a system that enables the storage of renewable power while allowing for the optimization of time and expenditure for decommissioning of existing infrastructure.

New awards and extensions to previous work are valued at almost $500 million.

In this work, novel physics-based models and machine-learning models are presented and compared for estimating permanent-downhole-gauge measurements.

The well had been touted as one of the most anticipated in the North West Shelf for many years.

ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned.

The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.

The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.

New projects coming on line throughout the year will vault the nation ahead of Australia and Qatar.