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Country summary: Australia

energy-pedia opportunities - Australia:
Current deals: 26
Licensing articles: 233
Completed deals: 681

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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Australia - recent news

26 Jul 24
Australia: Empire Energy signs Gas Sales Agreement with NT Government
Empire has been actively pursuing production from the Beetaloo Basin since 2011, with strong support from the NT Government for this objective since 2018. Subject to final approvals, Empire anticipates being the first company to provide gas supply from the Beetaloo, commencing next year.
26 Jul 24
Australia: Seraya portfolio company, Cyan Renewables, acquires Australian vessel operator MMA Offshore
Cyan Renewables, Asia’s leading offshore wind services platform based in Singapore, has announced its acquisition of Australian offshore marine services provider MMA Offshore for A$1.1B (US$702M). The transaction marks the region’s largest take-private deal in the offshore wind energy services industry, strengthening Cyan's position in the Asia Pacific (APAC) region.
25 Jul 24
Australia: Offshore acreage for petroleum exploration and CCS a boost to Australia’s energy security
The awarding of new offshore acreage for petroleum exploration and carbon capture and storage (CCS) opportunities provides a much-needed boost to Australia and the region’s long-term gas supply. Australian Energy Producers Chief Executive Samantha McCulloch welcomed Resources Minister Madeleine King’s announcement of three years’ worth of acreage releases.
24 Jul 24
Australia: Koorangie Energy Storage Facility hits major milestone
The Allan Labor Government’s $480 million investment into Victoria’s energy grid has reached another milestone with the delivery of 100 Tesla Megapacks to the Koorangie Energy Storage System. The battery system will help accelerate the transition to renewables and help lower power bills.
22 Jul 24
Australia/US: Woodside to acquire Tellurian and Driftwood LNG
Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US Gulf Coast Driftwood LNG development opportunity. The acquisition of Tellurian and its Driftwood LNG development opportunity positions Woodside to be a global LNG powerhouse.

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