Page 14 - AsianOil Week 21 2021
P. 14

AsianOil                                     NEWS IN BRIEF                                           AsianOil







         Strike has concluded the first round of its   The partnership with FEnEx CRC   Jemena calls for renewable
       urea offtake process. Expressions of Interest   involves research funding of A$1.5
       were received by numerous potential offtakers   million, supporting studies on efficiency   gas target
       for both Australian and international sales.   of LNG production value chains, digital
       Demand for Project Haber urea offtake   technologies, and new hydrogen energy and   Leading energy infrastructure company,
       totalled more than 3.5 mtpa or 267% of the   export to market.           Jemena, is calling for a Renewable Gas
       plant’s 1.4 mtpa planned capacity.     INPEX President Director Australia   Target at this year’s Australian Energy
         Strike will now move into a formal Request   Hitoshi Okawa said he was pleased to partner   Week as a crucial next step towards
       for Proposal process with the proposed   with FEnEx CRC to undertake studies to   achieving net-zero emissions in Australia
       offtakers with a view to converting initial   research and develop innovative solutions for   by 2050.
       expressions of interest into binding long term   producing clean and sustainable energy in   Jemena’s Managing Director, Frank
       offtake agreements.                 Australia with important benefits for energy   Tudor, said a Renewable Gas Target would
         Through this process the Project has   importers, including Japan.     likely replicate the success of the Renewable
       continued to attract significant unsolicited   “As a proud member of the Australian   Energy Target (RET) which helped to spur the
       interest for equity participation, particularly   business community for more than 30 years   development of renewable technologies in the
       from Australian and north Asian     and the operator of Ichthys LNG, INPEX is   electricity sector.
       counterparts. As indicated in previous   pleased to support high value research and   “This is the jump-start the gas sector
       guidance, Strike intends to formally   development to lower our carbon footprint,   needs to truly commercialise zero-emission
       commence marketing equity in Project Haber   consistent with the Paris Agreement,” said Mr   gases such as hydrogen and biomethane and
       in the fourth quarter of this year.  Okawa.                              make them available to Australian homes and
       STRIKE ENERGY, May 27, 2021            “We recently announced a new      businesses at scale,” said Mr Tudor.
                                           business development strategy which    Mr Tudor said that by deploying renewable
       Strike provides West                includes a commitment to net zero    gas using existing infrastructure to achieve
                                                                                net-zero emissions by 2050, Australian energy
                                           carbon emissions by 2050 and reducing
       Erregulla update                    Scope 1 and 2 emissions by 30 per cent   consumers would also avoid costly, and
                                                                                unnecessary, upgrades to the energy sector.
                                           by 2030. We look forward to working
       Strike Energy provides an update on the West   with FEnEx CRC to undertake studies   “By decarbonising our existing gas
       Erregulla Appraisal Campaign on behalf of   to support the expansion of our energy   infrastructure we can avoid unnecessarily
       the EP469 Joint Venture.            business including our strategy for future   building new alternative forms of energy
         Strike has completed drilling the ~2,050m   production and supply of hydrogen.”  infrastructure, which will have a significant
       long intermediate section of WE5 down to   FEnEx CRC, which is headquartered   impact on customer bills.
       3,635m and declared section depth within   in Western Australia, is a collaboration   “In the short-term this will make the
       the Kockatea Shale. Subsequently casing   between industry, government and research   transition to a low-carbon future seamless and
       has been run in hole and cemented in place   institutions, and a project initiative facilitated   means Australian homes and businesses can
       and successfully pressure tested. This has   by the Western Australian Government’s LNG   continue to use their gas stoves, heaters, and
       been achieved in less than 17 days which   Jobs Taskforce.               other appliances.
       is indicative of the step change that Strike   INPEX, May 24, 2021       JEMENA, May 25, 2021
       expected to see at this point in the campaign.
         At WE4, the additional flow testing and
       de-sanding equipment has been identified
       where procurement processes are underway.
       Strike expects to recommence the WE4 clean-
       up and subsequent flow test in early June
       which will align with back-to-back operations
       allowing the seamless transition to WE5 post
       its completion.
         At WE5 Strike is running in with an 8-1/2”
       drilling assembly where it will commence
       drilling the final production section of the
       hole down to the primary targets.
       STRIKE ENERGY, May 26, 2021
       INPEX forms partnership

       with Future Energy Exports

       Japanese energy company INPEX today
       signed an agreement with the Future Energy
       Exports Cooperative Research Centre (FEnEx
       CRC) – the newest industry partner to join the
       world class research and development of new
       technologies that will lower the cost and carbon
       emissions of energy production in Australia.



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