Equinor bags exploration permit offshore Australia’s northwest shelf

Equinor bags exploration permit offshore Australia’s northwest shelf

7:52 AM, 10th October 2019
Equinor logo

STAVANGER, NORWAY: Equinor has been awarded exploration acreage in the Northern Carnarvon Basin offshore Western Australia.

The new exploration permit, WA-542-P, has been awarded to Equinor as operator and 100% owner.

WA-542-P is located west of the recent Dorado oil discovery. The block covers 4815 square kilometres and lies about 100 kilometers from the Australian coast. The water depth ranges from 80 to 350 meters.

The work program for the block includes geological and geophysical studies, reprocessing of seismic data and new 3D seismic acquisition.

Equinor established an office in Australia in 2012, and is the operator for EPP39 and EPP40 in the Ceduna Basin offshore South Australia.

“We are pleased with this award which expands our position in Australia with an exploration opportunity in a proven basin,” said Paul McCafferty, Equinor’s senior vice president for international offshore exploration.

“An interesting new liquids play has emerged in this part of Australia’s northwest shelf and we are looking forward to assessing the potential in our new permit,” added McCafferty.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Nobel Prize for Chemistry 2019 awarded for work on lithium-ion batteries

STOCKHOLM, SWEDEN: The Nobel Prize in Chemistry 2019 was finally announced. Three scientists were rewarded for their work in the development of the li ...

Read more
AkzoNobel to be official coatings supplier for NYYC American Magic

AMSTERDAM, NETHERLANDS: AkzoNobel said that its Awlgrip brand will be the official coatings supplier for New York Yacht Club’s (NYYC) American M ...

Read more
Lupin gets GMP certificate from Japanese agency

NEW DELHI, INDIA: Homegrown pharma major Lupin said it has received GMP Certificate from Pharmaceutical and Medical Devices Agency, Japan for its Mand ...

Read more
Total starts construction of its third solar power plant in Japan

PARIS, FRANCE/TOKYO, JAPAN: Total Solar International, a wholly owned subsidiary of Total SA, has started the construction of Miyagi Osato Solar Park, ...

Read more
Waters Corporation introduces new fatigue testing instrument

NEW CASTLE, US: Waters Corporation has introduced its new TA Instruments MSF16 Multi-Specimen Fatigue Instrument. The MSF16 extends the capability of ...

Read more
BASF invests €20 million in Quantafuel to push chemical recycling of plastic

LUDWIGSHAFEN, GERMANY/OSLO, NORWAY: BASF SE said that it will invest €20 million into Quantafuel, a specialist for pyrolysis of mixed plastic was ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X