Gorgon partners sign Framework Agreement (12 Apr 2005)
The joint venture (JV) partners for the Gorgon Project, ChevronTexaco, ExxonMobil and Shell, announced that a Framework Agreement had been reached resulting in a new ownership structure for the project and the Greater Gorgon Area (GGA) in offshore WA.
The Agreement will provide access to gas fields...
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Woodside’s Pluto-1 (12 Apr 2005)
Woodside Energy Limited reported logging of the Pluto-1 exploration well located in the outer Carnarvon Basin, offshore north west WA, is now complete.
Following spudding on 17 March 2005 and further drilling, analysis of the data indicates a gross gas column of approximately 225m at the well locat...
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Casino gas project awarded production licence (12 Apr 2005)
The Victorian Department of Primary Industries has awarded a production licence to the joint venture (JV) partners for the $200 million Casino development, 30km offshore from Port Campbell on Victoria’s southwest coast.
JV operator, Santos, stated granting of the licence will help to ensure that pr...
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Gas encountered with Halladale-1 (12 Apr 2005)
Also in Victoria’s Otway Basin, Woodside Energy Limited and its joint venture partner, Origin Energy Resources Limited advised that its Halladale-1 DW-1 exploration well had reached a total depth of 1,869m true vertical depth below rotary table.
Wireline logs are currently being acquired and prelim...
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US expanding LNG market - video conference (12 Apr 2005)
The United States (US) is one of the largest and fastest growing markets for Liquefied Natural Gas (LNG), with net LNG imports to the US expected to increase from 0.4 trillion cubic feet in 2003 to 6.4 trillion cubic feet in 2025.
Australian firms are involved in at least six proposed LNG receiving...
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Western Power power cap (12 Apr 2005)
Under direction of WA Energy Minister Alan Carpenter, Western Power Corporation (WP) will cap its power generation capacity to 3,000 megawatts (MW) to promote competition and encourage increased private sector investment in the new electricity market.
The direction relates to all generating works ...
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Wholesale electricity reserve capacity auction (12 Apr 2005)
As previously reported in REPS, Expressions of Interest (EoI) for the provision of generating capacity within the South West Integrated System through the 2005 Reserve Capacity Auction (RCA) have now closed. However, this was only the first step in the process of securing additional generating...
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Exports and Infrastructure Taskforce (12 Apr 2005)
Prime Minister John Howard has appointed a small taskforce to identify any bottlenecks of a physical or regulatory kind that may impede the full realisation of Australia’s export opportunities.
The remit will be limited to physical and regulatory bottlenecks that may impede our exports performance ...
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WA Govt establishes major project taskforce (12 Apr 2005)
WA Premier Geoff Gallop has announced the establishment of a major Government projects cabinet taskforce to hold government departments accountable for the delivery of major projects, on time and on budget.
The taskforce comprises Housing and Works Minister Fran Logan (chairperson), Treasurer Eric ...
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Widening of Melbourne Airport runway (12 Apr 2005)
Construction on widening the runway at Melbourne Airport, Victoria, has commenced by the John Holland Group as part of the broader $220 million development program currently underway.
The contract was awarded by Australian Pacific Airports Melbourne Limited.The work widens the 3.7km main north/sout...
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Cockburn Cement project update (12 Apr 2005)
Less than twelve months ago, Cockburn Cement committed to spending more than $15 million at the Munster plant, south of Perth in WA, on specific environmental improvements to reduce fugitive dust emissions. Some of the major items have now been completed, while the single most significant impr...
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Improved refueling facilities to be part of Carnarvon land-backed wharf project (12 Apr 2005)
Access to fuelling facilities at Carnarvon Boat Harbour in the north west of WA will be improved as part of a State Government $4.25 million land-backed wharf project.
Following the commencement of major work on the construction project in February, the Department for Planning and Infrastructure (D...
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Heavy Boat Lifter for Geraldton (12 Apr 2005)
A heavy boat lifter is planned for Geraldton, 425km north of Perth in WA, pending the favourable outcome of funding applications to the State and Federal Governments.
A group consisting of the Geraldton Port Authority, Geraldton Fisherman’s Cooperative and the Mid West Development Commission, plans...
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Boom times in WA set to continue (12 Apr 2005)
WA’s strong economic growth record over the past three years is set to continue, according to CCI’s WA Economic Compass report.
In its latest quarterly analysis, CCI predicts that economic growth will reach 4¾ per cent in 2004-05 before accelerating at a rate of 6¼ per cent in 2005-06, largely as a...
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REPS Industry Events (12 APr 2005)
Event: Oil and Gas Pipeline EconomicsDate: 18 – 20 April 2005Venue: Mercure Hotel, PerthOrganisers: IIR ConferencesTel: (08) 9923 5090E-mail: info@iir.com.auWebsite: www.iir.com.au/resources
Event: The 5th Annual National Public Private PartnershipsDate: 8...
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