Latest Gas Sector News

Renergen has awarded preferred bidder status for the Phase 2 EPC contract of its Tetra4 LNG and helium liquefaction project to the He4u consortium, marking a significant step forward in the Virginia Gas Project.

Beetaloo Energy has begun hydraulic stimulation on its record-length Carpentaria-5H well in the Beetaloo Basin, aiming to unlock enhanced gas production with advanced techniques. Results from the upcoming production test will be pivotal for the company’s pilot project and future development plans.

State Gas Limited has settled a land access dispute at its Rolleston West Project, enabling the company to resume drilling and flow testing activities. This development paves the way for advancing coal seam gas production using innovative technologies.

Tamboran Resources has successfully closed the first tranche of its PIPE, raising US$38.7 million to advance its Beetaloo Basin projects, with a second tranche pending shareholder approval.

Ava Risk Group has landed a $1.1 million contract to deploy its advanced fibre sensing technology at a major ADNOC oil and gas field in Abu Dhabi, reinforcing its strategic partnership with Honeywell and its foothold in critical infrastructure security.

Winchester Energy has successfully dismissed all legal claims from Westex Resources over its 2022 Texas farm-in, removing a key project risk.

Brookside Energy has mobilised completion operations at its Bruins Well in Oklahoma’s Anadarko Basin, targeting first production and sales in the second quarter of 2025.

SciDev Limited reported a robust Q3 FY25 with revenue rising 10% and EBITDA tripling, driven by strategic US market expansion and a landmark PFAS remediation contract despite ongoing market challenges.

A landmark High Court ruling in South Africa exempts upstream petroleum activities from the Gas Act, easing regulatory burdens for companies like Renergen and Tetra4.

Karoon Energy has finalized the acquisition of the Baúna FPSO vessel, marking a pivotal shift from exploration to operational control that promises enhanced efficiency and potential asset longevity.

Emperor Energy has submitted a key Environmental Plan to NOPSEMA, marking a major step towards drilling the Judith-2 appraisal well in mid-2026 amid tightening east coast gas supply. The company also appointed industry veteran Douglas Jendry as Chairman to steer its next phase.

Empire Energy Group is advancing its Carpentaria-5H well hydraulic stimulation scheduled for June 2025, alongside preparations for the Carpentaria Gas Plant construction, aiming to commence gas sales from EP187 by late 2025 or early 2026.