Latest Energy Infrastructure News

Galilee Energy has raised the drilling derrick at its Zydeco-1 well in Louisiana, marking the last major pre-spud milestone. Drilling is set for early July 2026, aiming at a substantial Gulf Coast gas-condensate resource with rapid commercialisation potential.

Verbrec has secured a $21 million contract to upgrade the McArthur River Pipeline, enabling commercial gas flow from the Beetaloo sub-basin and bolstering Northern Territory's energy security.

Tasmea Limited forecasts over 70% earnings growth in FY27, driven by acquisitions and organic expansion, underpinned by a record order book and strong industry demand.

Tasmea Limited is set to acquire JPS Group for up to A$75 million, securing a foothold in Australia’s growing LNG and energy infrastructure sectors with a Tier-1 client base and a unique tech-enabled isolation technology.

Brookside Energy has substantially completed production facilities at its Suttles pad in Oklahoma, setting the stage for Rig 18 to drill two wells targeting the Sycamore and Woodford formations in the Anadarko Basin.

Pan African Resources PLC has delivered a 5.6% increase in gold production to 196,527 ounces for FY25, alongside a 60.5% jump in adjusted EBITDA to US$226.6 million. The group’s strategic acquisition of Tennant Mines in Australia and the early commissioning of the Mogale Tailings Retreatment operation mark significant milestones in its growth trajectory, underpinned by a robust sustainability and governance framework.

APA Group projects a final distribution of 30.5 cents per security for the six months ending June 2026, marking a modest 1.7% increase over the prior year and maintaining full-year guidance.

Beetaloo Energy has completed key civil works at its Carpentaria Pilot site and is progressing installation of the Carpentaria Gas Plant, with an extended production test set for mid-June. A significant seismic survey targeting over 20 TCF of resources in Western Beetaloo is scheduled to start later this month.

X2M Connect has partnered with Resi Ventures to deploy its AI-driven platform in regional Australian data centres, starting with a major integrated precinct near Ballarat. The collaboration targets the surging demand for edge computing and sustainable energy management across regional infrastructure.

Monadelphous has landed a $380 million contract to build and install gas turbine units at CS Energy’s Brigalow Peaking Power Plant in Queensland, marking a significant step in the company’s energy infrastructure pipeline.

Red Sky Energy has kicked off site preparation for a drilling campaign targeting two wells at Yarrow and one at Willowie in South Australia’s Innamincka Dome, aiming to leverage existing infrastructure for efficient gas production.

Tasmea Limited (ASX: TEA) has announced a fully franked special dividend of 10.0 cents per share, returning approximately A$26.2 million to shareholders while reaffirming its FY26 earnings guidance and maintaining a positive outlook for FY27.