Latest Energy Infrastructure News

Finder Energy has secured regulatory approval for its Kuda Tasi and Jahal offshore development in Timor-Leste, significantly advancing the project towards a final investment decision and first oil by 2028.

ADX Energy’s Sicily Channel biogenic gas play gains validation from an independent technical review, reinforcing its prospective resource estimates and exploration strategy.

GenusPlus Group has finalized its acquisition of MPC Kinetic, marking a significant diversification into the Queensland gas sector and renewable infrastructure services. The deal was funded through a combination of cash reserves, debt facilities, and a recent $200 million equity raise.

Beetaloo Energy reports promising flow testing from Carpentaria-5H with sustained gas rates and low decline, while its Carpentaria Gas Plant construction remains on schedule for first gas sales in late 2026.

Australian Oil Company (ASX:AOK) has kicked off Phase 1 development in Queensland's Surat Oil Basin, completing well interventions at Emu Apple-1 and revising plans for Riverslea-3 to boost production and exploration.

Monadelphous Group has landed over $200 million in new contracts spanning wind turbine installation, maintenance, and construction services across Australia and Papua New Guinea.

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.