Skip to content
Finance Investment, Oil Mining Resources

Hartshead Resources NL (ASX:HHR) – Pipeline Seabed Geophysical Survey Contract Award

Hartshead Resources (ASX:HHR) 2 mins read

Hartshead Resources NL (Hartshead, HHR or the Company), in a strategic collaboration with JV partner Rockrose Energy (a subsidiary of Viaro Group), is elated to announce the awarding of a pivotal contract for a Geophysical Survey of pipeline routes for the Anning and Somerville field developments to Gardline Limited. This monumental decision is the culmination of an exhaustive competitive tender and a rigorous technical and commercial bid evaluation process.

"The pipeline route survey is a critical step in our commitment to developing sustainable energy infrastructure while prioritizing safety and environmental preservation. We are dedicated to working closely with local communities and stakeholders to ensure that our pipeline project meets the highest standards of safety, efficiency, and environmental responsibility. I would like to again thank the Hartshead team for all their work rapidly moving our development forward and our Joint Venture partner, RockRose, for their support.” - Chris Lewis, CEO of Hartshead Resources NL

The Gardline Vessel, the "Ocean Observer," an 80.4-metre Multi Role Survey Vessel showcased in Figure 1, is slated for mobilisation to the Anning and Somerville field locations. The pipeline survey's initiation is keenly awaited for September 2023.

The geophysical survey's significance cannot be overstated. It aims to provide the Company with a comprehensive understanding of the seabed and sub-seabed soil conditions. These insights will be pivotal in refining the design and ensuring the efficient installation of the export pipeline route from the Anning and Somerville locations.

The survey will harness a spectrum of cutting-edge technologies and methodologies, including:

  • Multibeam echosounder, hull-mounted.
  • Sidescan sonar, towed approximately 8m above the seabed.
  • Magnetometer, piggy-backed to the sidescan sonar.
  • Sub-bottom profiler, hull-mounted.
  • Environmental cameras and an environmental grab sampler.
  • Vibrocorer and a mini-CPT system, tailored to extract samples and measurements up to 6m below the seabed.

Francesco Mazzagatti, CEO of Viaro Energy, remarked, “We have been very happy with the progress made on the development of Anning and Somerville so far. The efficiency with which the NSTA approved the deal, recent pivotal milestones achieved, and this securing of the geophysical survey underscore the prowess of both the Hartshead and Rockrose teams. I commend everyone's dedication and collaboration. We are in the midst of preparing our application for the operatorship of the fields and anticipate the FID to progress seamlessly later in the year.”


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

Media

More from this category

  • Industrial Relations, Oil Mining Resources
  • 25/10/2024
  • 16:00
Mining and Energy Union

MEDIA ADVISORY: Hundreds of mining and energy workers meeting in Brisbane from Monday

Over 400 mining and energy workers from across Australia will gather in Brisbane for the Mining and Energy Union’s quadrennial National Convention from Monday 28 to Thursday 31 October. It will be the first Convention held by the MEU as an independent Union. The Convention brings together workplace delegates from open cut and underground coal mines, metalliferous mines and railways, power stations and coal ports from around Australia. Topics to be discussed at Convention include: Safety trends including responses to recent mining fatalities Same Job Same Pay and workplace reforms Net Zero Economy Authority and supporting workers affected by transition…

  • Business Company News, Finance Investment
  • 25/10/2024
  • 13:43
Friday 25 October

IFM INVESTORS WELCOMES UK AND AUSTRALIAN GOVERNMENTS’ COMMITMENT TO ATTRACT PRIVATE CAPITAL FOR THE ENERGY TRANSITION

IFM Investors has welcomed announcements by the UK and Australian Governments that will further pave the way for pension and superannuation capital to be deployed to contribute to the energy transition in both countries. Earlier this month, IFM Investors in conjunction with some of the largest UK and Australian pension funds released a landmark blueprint: Mobilising pension capital for net zero: a policy blueprint for the UK. Collectively the signatories of the blueprint represent pension schemes that invest a combined £1.7 trillion (AUD 3.25trn) in the UK and abroad, including the retirement savings of more than thirty million British workers and…

  • Business Company News, Oil Mining Resources
  • 25/10/2024
  • 11:53
Jane Morgan Management

Challenger Gold Successfully Completes Share Purchase Plan, Raises $4 Million, Oversubscribed

Perth, Australia – 25 October 2024 | Challenger Gold Limited (ASX:CEL) ("Challenger" or "the Company") is pleased to announce the successful completion of its Share Purchase Plan (SPP), which closed significantly oversubscribed on the 18th of October, 2024. The SPP raised A$4 million, exceeding the original target of A$1 million, with strong support from already existing shareholders. Highlights: A$4 Million Raised: The SPP was originally intended to raise up to A$1 million through the issue of 22,222,223 new shares at A$0.045 per share. Due to overwhelming demand, the Company accepted A$4 million, resulting in the issue of 88,888,675 new shares.…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.