CSG Summit 2012 Exclusive interview with Dart Energy’s CEO, Robbert de Weijer

Joining us is Robbert De Weijer, Chief Executive Officer, Australia, Dart Energy who will be speaking at IIR’s 10th annual CSG Summit 2012 on the 17 – 18 April 2012 in Brisbane.

We asked him:

1. How much scope is there for developing a CSG industry in NSW?

2. Would there be scope in the future to link up with the export terminals that have been created in Queensland?

3. What will underpin the success of a NSW CSG industry?

4. What are the biggest hurdles that need to be overcome for NSW to have a successful CSG industry?

5. What CSG development is Dart Energy proposing in NSW?

6. What is the supply of machinery like in NSW once you reach the development phase?

If you’d like more information on the Summit, please go to the CSG Summit 2012 website.

Twenty Canadian Oil and Gas companies visit Australia

February 2012: The Canadian Department of Foreign Affairs and International Trade together with the Government of Alberta and Export Development Canada are pleased to be leading a delegation of twenty oil and gas companies to Australia.

From 20-28 February, the diverse group of companies will travel around the country to learn about the Australian oil and gas industry, exchange ideas, and promote their service and/or products. Delegates will travel to Brisbane from 20-22 February; Perth from 23-24 February and Adelaide from February 27-28 to participate in a series of meetings and events including the Australasian Oil and Gas Exhibition.

Consul General of Canada in Sydney, Mr. Mario Ste-Marie, welcomes the opportunities that in-market trade missions can create,“This incoming mission – the third in 12 months – builds upon the successful bonds formed on
previous oil and gas trade delegations. There are excellent synergies between Canada and Australia in these dynamic and booming resource sectors.”

Over the next 25 years, it is estimated that $218 billion will be invested in new Albertan oil sands capacity (source: Canadian Energy Research Institute). Together with vast opportunities for growth in the energy sector, this also brings with it technical challenges including air, water and land management; natural gas substitution; infrastructure constraints; and improved recovery and processing methods.

Mario Ste-Marie continues,“The Albertan oil and gas sector has made advancements in technology and innovation to ensure that the sector remains environmentally responsible and competitive, whilst also positioning itself to become a vital supplier of technologies and services to the global marketplace.”

The Government of Alberta can provide key contacts and information on opportunities for partnerships and investment sector opportunities in the oil and gas technology and services sector.

Export Development Canada (EDC) is Canada’s export agency, offering innovative financing, insurance and risk management solutions to assist Canadian exporters and investors expand their international business.

Source: www.australie.gc.ca

Were you at SEAAOC 2011

The South East Asia Australia Offshore Conference (SEAAOC) arrived in Darwin in October last year for its 17th Annual hosting.

SEAAOC remains as the major meeting place for all professionals involved in the ever expanding offshore sector and represents an excellent opportunity for key stakeholders to promote their contribution to the industry, and to discuss and debate the challenges faced by the oil and gas industry in a rapidly changing world.

Delegates were presented with full updates on all the key projects underway by the oil majors, such as ConocoPhillips and INPEX. The widely successful event will continue this year in Darwin for NT Resources Week 2012 on 18-20 September 2012!

For more information, please visit the SEAAOC official website.

‘Game changer’ LNG project approved for Darwin

This article is taken from Sydney Morning Herald.

Japan’s Inpex Corp said it has made a final investment decision on the Ichthys liquefied natural gas export project, paving the way for Australia to surpass Qatar as the world’s top exporter of the fuel by 2017.

The 8.4 million tonne per annum (mtpa) project near Darwin will cost about $32 billion, some 70 per cent more than Inpex’s original estimate of $20 billion.

In the long-awaited statement Inpex said it and French energy company Total, its joint venture partner, had given the final approval to the project.

Federal Resources Minister Martin Ferguson has previously described Ichthys as a ‘‘game changer’’ for Darwin.

There has been speculation the project could push up property prices in Darwin and lead to an influx of people seeking work.

The project will see natural gas from the Ichthys gas field, located offshore from Western Australia, pumped 889km to Darwin for processing into liquefied natural gas (LNG).

Tens of billions of dollars worth of long-term export deals have already been signed with a host of companies in Asia keen to buy the gas.

According to Inpex the gas is expected to add almost 18 per cent to the NT’s gross state product each year of the 40-year project.

It will pump $3.5 billion into the Australian economy each year.

Ichthys will require about 2,700 workers during peak construction, and a further 300 jobs ongoing once it is operational.

Although Inpex originally wanted the plant built on WA’s Maret Islands, north of Broome, which are much closer to the gas field, opposition from environmentalists made such a proposition untenable.

The NT government seized on the indecision and secured favoured-site status in 2008.

Inpex Chairman Naoki Kuroda said the project was a major development.

‘‘The Ichthys final investment decision announced today by Inpex and Total signals the start of construction of one of the world’s largest LNG facilities based on an estimated 40 years of gas and condensate reserves from the Browse Basin offshore Western Australia,’’ he said in a statement.

‘‘In delivering this important project into production, we will be securing vital long-term energy supply to Japan and our other customers while delivering sustainable economic and social benefit across Australia.’’

Inpex, meanwhile, said it’s in talks to sell an additional stake in the Ichthys project to Total, Inpex president Toshiaki Kitamura said today.

Total already holds a 24 per cent stake in the project but has expressed interest in bumping its share up to 30 per cent.

Ezion in $55M Gladstone win

OFFSHORE logistics company Ezion Holdings has snagged a $US55 million ($A54.1 million) contract to provide full logistics and support services for the haulage of equipment and modules for an LNG project on Curtis Island.

While the LNG project was not disclosed, the company said it was among the first of the eight proposed LNG facilities in Queensland and was expected to have an initial capacity of 7.6 million tonnes per annum.

EnergyNewsBulletin believes the contract could be for Santos’ Gladstone LNG project, which will initially produce 7.8MMtpa.

Enzion has a similar role on the Gorgon project and said it was vital to grab a foothold in the Queensland LNG scene.

Ezion chief executive Thiam Keng said the potential for more contract wins was on the cards in the state, where the government expects 50 million tonnes per year of LNG could be produced from gas in the Surat and Bowen basins.

“We are deeply privileged to be able to participate in the important project on Curtis Island,” he said.

“We are confident that we can draw on our experience on Gorgon to make this project a big success. With the proven track record and economies of scale, we will work towards also supporting the other LNG projects in Queensland and other parts of Australia.”

Tuesday, 9 August 2011

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