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20 November 2008 REPS - Issue 7 - 18 March 2003
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REPS - Issue 7 - 18 March 2003

Methanex puts hold on Burrup project


Methanex has announced that its currently proposed two million tonnes per year methanol project planned for the Burrup Peninsula has been put on hold as the company studies alternatives for long-term methanol supply to its customers in Asia Pacific. Methanex has said that the proposed development ...

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Government evaluates options as Burrup reaches capacity


State Development Minister Clive Brown has announced that the Government will evaluate the best location for future gas processing projects in the Pilbara. The land available to major projects within the Burrup Industrial Precinct has now been allocated and the Government will assess the relative ...

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Tassie Shoal Methanol project proceeds as planned


The Tassie Shoal project continues to advance as planned and the environmental approval received in December 2002 paves the way for the development to progress. The environmental approval has been seen as a major milestone, particularly in the market place for methanol product in north-east Asia. ...

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Australia ratifies Timor Sea treaty


Participants in the Bayu-Undan gas project have welcomed the ratification of the Timor Sea Treaty by the Australian Parliament, which has been heralded as a milestone in the future development of the liquefied natural gas (LNG) stage of the Bayu-Undan project. The Bayu-Undan gas and liquids field ...

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BHP Billiton approves Greater Angostura field, Trinidad


BHP Billiton has committed up to US$327 million for the first development phase of the Greater Angostura oil and gas field. Greater Angostura is located in shallow waters (40 m) approximately 40 km off the north-east coast of Trinidad. Gross mid-case volumes are 450 million barrels of oil equivale...

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Award of WA-340–P offshore Carnarvon Basin, WA


A joint venture comprising Strike Oil (operator), Sun Resources, Victoria Petroleum and Pancontinental Oil and Gas has been awarded a new 325 sq km exploration permit in the offshore Carnarvon Basin of WA, just south-east of the Stag and Wandoo Oilfields. The Department of Minerals and Petroleum R...

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Beach Petroleum announce new mid-year exploration program


After announcing a $3.35 million profit for the six months leading to December 2002, Beach Petroleum is on track for a stronger second half, with contributions from the new Cooper Basin discoveries. Managing director Reg Nelson has announced that Beach Petroleum would soon complete an aggressive n...

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Aker Kvaerner Australia wins Santos ACE Project


Australian gas producer Santos has awarded Aker Kvaerner’s E&C Australian operations a contract to provide overall project management, engineering, procurement and construction management for its Asset Control Enhancement (ACE) project. Aker Kvaerner’s contract is valued at approximately A$16 mill...

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NWS LNG sellers finalise LNG agreements


The North West Shelf LNG Sellers have finalised two LNG sale and purchase agreements with Korea Gas Corporation (Kogas) and Tohoku Electric Power. The sale and purchase agreement is the first LNG term contract signed between the North West LNG Sellers and Kogas, which formalises a letter of intent ...

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Geological survey releases north Perth Basin prospectivity guide


A new publication released by the Department of Industry and Resources is aiming to help explorers in their search for oil and gas in the highly prospective north Perth Basin. Titled, Land and Prospects Within Tenements Of The Northern Perth Basin, Western Australia 2002, the report contains geosc...

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Coburn pre-feasibility study supports mineral sands project


Gunson Resources will immediately pursue its options to fund a bankable feasibility study following the positive financial outcome of the pre-feasibility to mine the Coburn mineral sand project immediately south of Shark Bay in WA. The Coburn project is 250 km north of the major WA heavy mineral pr...

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MIM to develop Rolleston coal mine


MIM will proceed with the development of the Rolleston open cut thermal coal mine in central Queensland. MIM managing director Vince Gauci said that work on long lead items would begin immediately, with the major development work to commence once the mining lease and other outstanding regulatory a...

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Cornisham stage 4 approved


The Cornisham Project, located 5km south of Southern Cross in WA is a joint venture between Sons of Gwalia and Troy Resources. Mining of the stage 3 reserve begun on 30 July 2002, and a stage 2 extension was approved in late November 2002. Mining of the stage 2 extension commenced in December 2002...

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Commencement of drilling at Virgin Dam


The Bulong joint venture has announced that drilling has commenced at Virgin Dam, 30 km east of Kalgoorlie in the Eastern Goldfields region of WA. Virgin Dam is considered by the joint venture to host a large underground resource. Analysis of the geochemical weathering profile gives: surface fixi...

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AngloGold enters agreement with Striker and De Beers


AngloGold Australia, Striker Resources and De Beers Australia Exploration Limited have signed a new joint venture agreement covering a large ground holding in the East Kimberley region of WA. AngloGold, as manager of the joint venture, has agreed to spend an initial $600,000 on gold exploration an...

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Carey buys WMC’s Carnilya Hill nickel tenements


Carey Mining has announced the completion of the purchase of the Carnilya Hill tenements from WMC Resources Ltd. The tenements are situated 25 km north-east of Kambalda and cover approximately 2,200 ha. The Carnilya Hill project hosts one mine, the Carnilya Hill Mine, and four mining leases. Up u...

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Chirano gold project, Ghana


Perth company Red Back Mining has announced two major milestones in the development of the one million ounce Chirano Gold Project in Ghana. Approval of mining lease Red Back has been advised that the Government of Ghana has approved the grant of a mining lease for the Chirano Gold Project includi...

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ACCC allows BHP Billiton joint venture in the Pilbara region


The Australian Competition and Consumer Commission has approved a joint venture managed by BHP Billiton to develop an iron ore field in the Pilbara. ACCC chairman Professor Allan Fels said: “The ACCC believes that this joint venture is likely to result in significant public benefits. In particular...

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Contract awarded for pipeline


Esperance Pipeline Company (EPC), has awarded Delco Australia Pty Ltd a contract worth approximately $34.8 million for the Esperance Energy Project. EPC own the pipeline portion of the project, which in total involves the development of a 33MW gas-fired power station in Esperance and a 341 km gas ...

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Bypass assessment released


The Planning Commission had made a detailed assessment of the State Government’s proposal to delete the bypass and manage freight movements through its six-point strategy, compared with a plan to build the bypass, Roe Highway Stage 8 and a Controlled Access Highway to Russell Road. The impacts o...

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EPA report - industrial subdivision Bibra Lake


The Environmental Protection Authority has released it recommendations on a proposal by the WA Land Authority trading as LandCorp to subdivide approximately 89 ha of land for industrial and mixed business purposes. (Bulletin 1091- March 2003) The proposal The proposal originally consisted of 180 ...

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Four locations being considered for new reservoir


Four sites have been identified as possible locations for a new reservoir, which will almost double the water storage capabilities in Kalgoorlie-Boulder within three years. The $10 million reservoir would be the biggest ever built by the Water Corporation, boosting storage capacity from the curren...

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Lake Okeechobee public-private partnership award


Perth company QED Occtech Limited and Green Cycle Inc has been selected to enter into final contract negotiations with the South Florida Water Management District (SFWMD) for a grant of up to $US 4.75 million for the supply of an integrated manure to fertiliser plant. The infrastructure covered un...

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REPS Industry Events Calendar: New events


The following events have been added to the REPS Industry Events Calendar that can be downloaded in the e-mail/ on-line version of each REPS newsletter. Event - Finance and Accounting for Non-Financial ManagersDate - 9-10 April 2003 Venue - Mecure Hotel, Perth Organiser - IIR Training Ph - (02) 99...

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REPS Industry Events Calendar


To download the REPS Industry Events Calendar click here in the e-mail/ online version of this newsletter....

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