Bevis is an energy writer with nearly a decade of experience covering the oil and gas as well as alternative energy sectors both globally and in Australia. He was previously the editor of a leading Australian industry energy publication.
Preliminary results from the Scoping Study has indicated there are multiple alignment paths between Ovoot to Arts Suuri in Mongolia and onto Kyzyl in Russia. No technical obstacles were identified for the line which forms part of the new Steppe Railway.
The alliance with Chart to provide liquefaction cold boxes and heat exchangers is central to the company’s efforts to produce a standardised, repeatable design. This will be used initially on Magnolia LNG and then applied to other projects such as Bear Head LNG.
The licensing of the company’s Newzulu Platform and Newzulu Live product suite could generate revenue of $500,000 to $1,600,000 per annum. The leading Australian media company will be the first locally to use the platform and to crowd-source photos, videos and live video streams into the client’s news services.
The company is considering new opportunities including the bid round for Australian offshore oil and gas exploration permits in 4Q 2015. It has also progressed plans for drilling of the Roc-1 well later this year.