E&P Highlights: Jan. 27, 2025
Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
Tamboran, Falcon JV Plan Beetaloo Development Area of Up to 4.5MM Acres
A joint venture in the Beetalo Basin between Tamboran Resources Corp. and Falcon Oil & Gas could expand a strategic development spanning 4.52 million acres, Falcon said.
Tamboran, Santos Agree to Study Possible Darwin LNG Expansion
Tamboran Resources Corp. and Santos Ltd. entered a memorandum of understanding for technical studies, which could lead to a 6 mtpa expansion of Darwin LNG.
Energy Transition in Motion (Week of Jan. 17, 2025)
Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
Woodside, Chevron Agree to Swap Oil, LNG Assets
Woodside and Chevron have entered an agreement that shifts interests in oil, LNG and carbon capture projects with Chevron also paying Woodside $400 million.
Siemens Divests Power Electronics Business to ABB
Siemens Gamesa is selling its power electronics business Gamesa Electric to ABB but not including its generators business in the deal.
APA Group to Build Pipeline in Expanding Australian Gas Play
APA Group will build and operate a 12-inch, 23-mile natural gas pipeline for a proposed 40-MMcf/d pilot drilling project in Australia.
Falcon, Tamboran Spud Second Well in Australia’s Beetaloo
Falcon Oil & Gas Ltd., with joint venture partner Tamboran, have spud a second well in the Shenandoah South Pilot Project in the Beetaloo.
Exclusive: Harold Hamm’s Top Oil, Gas Goals After Trump Victory
Continental Resources Chairman Harold Hamm helped raise millions of dollars for Donald Trump’s campaign—and he’s got a laundry list of energy goals for the next administration to tackle.
Andium’s Thermal Methane Tech Takes Oilfield from Dark Age to Golden Future
Andium Founder and CEO Jory Schwach took the oilfield out of the dark ages of using carbon paper to monitor tank levels with his AI thermal camera. Now he foresees more growth after completing the company’s latest funding round.