Search results for: Tassie Shoal

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A list of search results

  • 12 April 2012

    MEO Australia Limited announced that it has completed preliminary discussions with a number of major industry participants in relation to the commercialisation of the Tassie Shoal Projects. As a consequence, formal Expressions of Interest (EoI) have been received from potential buyers for the purchase of an aggregate of 8.3MTA of methanol from the first Tassie […]

  • 7 August 2014

    MEO Australia announced an initiative to realise value from its strategic Tassie Shoal methanol and LNG projects proposed for offshore Northern Australia. The decision to pursue this initiative has been taken following a number of discussions with parties who had expressed interest to MEO in obtaining equity in these projects, MEO said in a statement. UBS has […]

  • 10 September 2012
    Business & Finance, Operations & Maintenance

    MEO Australia Limited provides the following update in relation to the continuing project development activities related to the Tassie Shoal suite of projects. Following receipt of Expressions of Interest from major international industry participants for 8.3 million tonnes per annum of methanol offtake from the first Tassie Shoal Methanol Plant (TSMP1), MEO has been actively […]

  • 10 September 2012

    MEO Australia provided the following update in relation to the continuing project development activities related to the Tassie Shoal suite of projects. Following receipt of Expressions of Interest from major international industry participants for 8.3 million tonnes per annum of methanol offtake from the first Tassie Shoal Methanol Plant (TSMP1), MEO has been actively engaged […]

  • 29 March 2012

    MEO Australia said that the Federal Government has updated the Timor Sea LNG Project environmental approval. Concurrent with this revision the Department confirmed that the approval will remain valid until at least 28th March 2017. The Federal Department of Sustainability, Environment, Water, Population and Communities reviewed the status of the environmental approval under the Environment […]

  • 3 April 2012

    MEO Australia announced that the Minister for Infrastructure and Transport, Anthony Albanese MP has granted MPF Status for the Tassie Shoal gas processing projects until 31st December 2015. The MPF program provides a service to support a timely and efficient approvals process for the proposed developments. Through this service the Department of Infrastructure and Transport […]

  • 4 August 2016

    MEO Australia said Thursday that its Tassie Shoal projects proposed for offshore Northern Australia have received updated environmental approvals that extend the approvals period for the LNG project to 2052, and increase the flexibility to process gas of varying qualities into LNG. The potential Tassie Shoal projects, comprising one LNG plant (TSLNG) and two methanol […]

  • 9 February 2015
    Business & Finance

    MEO Australia Limited has elected to withdraw from the Blackwood gas discovery off Australia at no cost, transferring that area of NT/P68 to Eni Australia Limited (Eni). MEO says it will focus its technical efforts on the Heron Area over which it has a 100% Participating Interest. Eni will transfer its 50% Participating Interest in […]

  • 19 December 2011

    MEO Australia Limited said today that it has executed a Termination Deed with Air Products that terminates the 2004 Joint Development Agreement (JDA) between the two companies pertaining to the Tassie Shoal Methanol Project (TSMP) and the subsequent 2006 Amendment Agreement that effectively suspended the JDA. In consideration for executing the Termination Deed, MEO will […]

  • 1 July 2011

    MEO Australia Limited announced that Petrofac Energy Developments has elected not to exercise its option to acquire 5% interest in NT/P68 & Tassie Shoal Projects. The option, which expired on 30th June 2011, was granted to Petrofac in October 2009. At this time Petrofac agreed to withdraw from the NT/P68 Permit and terminate the partially […]

  • 6 February 2013

    MEO Australia provided update in relation to the commercialisation progress of the first Tassie Shoal Methanol Plant (TSMP1). Since MEO received Expressions of Interest in April, 2012 for long term supply of 8.3MTA of methanol from TSMP1, indicative commercial terms including methanol pricing were provided by the major industry participants. Subsequent evaluation of these proposals […]

  • 16 November 2012

    MEO Australia has provided update in relation to the commercialisation of the first Tassie Shoal Methanol Plant. Reports recently commissioned from major international engineering firms Davy Process Technology, WorleyParsons and Arup to assess the technology basis and provide updated development costs estimates for TSMP1 for a range of feedstock gas qualities have been received. The […]

  • 1 July 2011
    Business & Finance

    MEO Australia Limited advises that Petrofac Energy Developments (“Petrofac”) has elected not to exercise its option to acquire 5% interest in NT/P68 & Tassie Shoal Projects. The option, which expired on 30th June 2011, was granted to Petrofac in October 2009. At this time Petrofac agreed to withdraw from the NT/P68 Permit and terminate the […]

  • 25 November 2010

    MEO Australia Limited advises that it has completed a targeted placement of approximately 62.8 million shares (representing a 13.2% increase in issued capital) at $0.52 per share to raise $32.6 million before costs associated with the transaction. The placement was made predominantly to North American and UK based institutional investors without a disclosure document under […]

  • 13 May 2015
    Business & Finance

    MEO Australia Limited (MEO) said that the National Offshore Petroleum Titles Administrator (NOPTA) has approved a six month suspension and extension to the current Permit Year 5 of NT/P68. As it has been reported in February, the company is in the process of withdrawing from the Blackwood gas discovery and retaining a 100% interest in the remainder of […]

  • 16 December 2010

    MEO Australia Managing Director Jürgen Hendrich Discusses Forward Strategy with Openbriefing.com: MEO Australia Limited announced this week that the Artemis-1 wildcat exploration well (WA-360-P, MEO 25%) located in the Carnarvon Basin, offshore Western Australia, failed to find gas. What are the implications of this result for shareholder value? MD & CEO Jürgen Hendrich Any expectation […]

  • 16 December 2010
    Business & Finance

      MEO Australia Managing Director Jürgen Hendrich Discusses Forward Strategy with Openbriefing.com: MEO Australia Limited announced this week that the Artemis-1 wildcat exploration well (WA-360-P, MEO 25%) located in the Carnarvon Basin, offshore Western Australia, failed to find gas. What are the implications of this result for shareholder value? MD & CEO Jürgen Hendrich Any […]

  • 1 December 2011

    MEO Australia Limited announced that Robert Zammit has commenced employment with MEO as Executive Manager – Business Development today. Robert brings a wealth of international gas and LNG marketing skills to MEO. His primary role will be to work closely with the Commercial Manager to assist the Company’s efforts to monetise the Tassie Shoal gas […]

  • 15 October 2010

    MEO Australia Limited is very pleased to confirm receipt this afternoon of approximately US$39 million cash consideration from Petrobras in relation to the WA-360-P farm-in. The cash consideration incorporates approximately US$7.5 million of seismic related back costs, together with the first US$31.5 million cash bonus. The company will now proceed to settle its transaction with […]

  • 14 November 2012

    MEO Australia announced that it has received the final reports recently commissioned to assess the technology basis and provide updated development cost estimates for the Tassie Shoal LNG Project (TSLNG). The reports were commissioned from major international engineering firms WorleyParsons and Arup, with input from APCI. The TSLNG cost estimate is an overall capital spend […]

  • 20 April 2012

    MEO Australia Limited provides the following information in relation to its activities for the quarter ended 31st March 2012. The quarter ending March 31st featured the conclusion of a major seismic acquisition program, the release of independent resource estimates for WA-454-P, preparations for farmout of the Seruway PSC and the addition of a new project […]

  • 23 January 2012

    MEO Australia Limited today provided the following information in relation to its activities for the quarter ended 31 st December 2011. MEO commenced a period of high field activity during the quarter and made significant progress in all areas of its portfolio. In NT/P68, Operator Eni Australia Limited awarded a rig contract for the drilling […]