NEWS ARCHIVE

Gippsland JV to begin Kenya airborne survey

GIPPSLAND Offshore Petroleum says an airborne geophysical survey on Block L-6 in Lamu Basin, Keny...

Gippsland JV to begin Kenya airborne survey

BHP Billiton will operate the acquisition of airborne gravity data using the Falcon system over onshore and offshore areas in L-6, which is a coastal block with about 30% of the area being onshore.

Gippsland, which will earn a 60% equity share in the block by spending $US1.9 million ($A2.4 million) on the geophysical exploration program, will become operator for the joint venture.

It said the Falcon technology would be key to linking the onshore geology to the offshore and helping to unlock the basin’s structural setting.

Over 6000 line kilometres are to be flown covering the area in the survey, which is expected to take about three weeks to complete.

Participants in the Block L-6 joint venture are operator Gippsland, which holds a 60% interest and Pancontinental (40%).

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry