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Gas to Power Weekly - 28 August - Ta mboran readies first Beetaloo gas for Darwin power market; Pakistan’s pow ergen costs up 38% on high LNG prices Fri, 28 Aug 2026 08:15:44 GMT
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Date: Fri, 28 Aug 2026 08:15:44 GMT
Subject: Gas to Power Weekly - 28 August - Tamboran readies first Beetaloo gas for Darwin power market; Pakistan’s powergen costs up 38% on high LNG prices
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<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">LEAD ARTICLE</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-size: 18px; font-weight: bold;">Tamboran readies first Beetaloo gas for Darwin power market</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold;">First gas is on track to start flowing in September from Tamboran Resources&#x2019; Shenandoah South drilling site in the Beetaloo Basin to Darwin and Australia&#x2019;s wider Northern Territory market, marking a pivotal step toward unlocking the region&#x2019;s shale gas potential and spurring gas-fired power and data centre developments.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The prospects for fracking in the&#xa0;Beetaloo are substantial. Geoscience Australia estimates the basin has 8,015 petajoules, or 7.13 trillion cubic feet (Tcf), of identified shale-gas resources.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-size: 18px; font-weight: bold;">Siemens Energy prepares to spin off ToI unit under Omterra brand</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold;">Siemens Energy is starting preparations for the legal and operational separation of its Transformation of Industry (ToI) business area to become a standalone entity.&#xa0;</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The future setup is intended to attract external investors for a potential stock market listing. The carve&#x2011;out, internally codenamed &#x201c;Project Voyager&#x201d;, will initially operate under Siemens Energy&#x2019;s future brand, Omterra, once that rebrand is launched.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The ToI division employs around 17,000 people and generated approximately &#x20ac;5.7 billion in revenue in fiscal 2025, representing about 15% of the group&#x2019;s total revenue. It includes steam turbines, compressors, generators and hydrogen electrolysis solutions for industrial customers.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">A high service share of around 50% of total revenue provides stable, recurring earnings.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold;">Change of structure</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The separation designed to sharpen Siemens Energy&#x2019;s focus on its core growth areas in power generation and grid infrastructure, while giving the ToI business unit more autonomy over investment and strategy.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">&#x201c;If we don&#x2019;t change our structure, we limit what Transformation of Industry can achieve. Our current investment focus is on power generation and power transmission, with higher immediate payback,&#x201d; Siemens Energy CEO Christian Bruch said.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold;">Spin-off to initially run under Omterra</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The ToI business to be carved out will initially operate under Siemens Energy&#x2019;s future brand, Omterra, once the latter is launched, the company said in a statement.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">Following the spin-off from Siemens AG in 2020, Siemens Energy is also transitioning to an independent brand identity whereby the current entities Siemens Energy and Siemens Gamesa Renewable Energy will be united under a single name. The rebranding process will begin later in 2026 and will be implemented in stages over roughly 18 months.</span></p>
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                                    Email from Gas to Power Journal Our weekly update covering everything you need to know about Natural Gas Power Generation LEAD ARTICLE Tamboran readies first Beetaloo gas for Darwin power market First gas is on track to start flowing in September from Tamboran Resources’ Shenandoah South drilling site in the Beetaloo Basin to Darwin and Australia’s wider Northern Territory market, marking a pivotal step toward unlocking the region’s shale gas potential and spurring gas-fired power and data centre developments. The prospects for fracking in the Beetaloo are substantial. Geoscience Australia estimates the basin has 8,015 petajoules, or 7.13 trillion cubic feet (Tcf), of identified shale-gas resources. DOWNLOAD NOW << P O L I C Y US electric cooperatives call for repeal of carbon standards   C O M P A N I E S Siemens Energy prepares to spin of ToI unit under Omterra brand Aggreko files for IPO, bets on data-centre demand for gas gensets   P R O J E C T S Grid-connection requests for BESS soar in Germany   M A R K E T S California spends millions on backup gas power plant Uniper-Equinor SPA  strengthens German gas supply through 2041     Siemens Energy prepares to spin off ToI unit under Omterra brand Siemens Energy is starting preparations for the legal and operational separation of its Transformation of Industry (ToI) business area to become a standalone entity.  The future setup is intended to attract external investors for a potential stock market listing. The carve‑out, internally codenamed “Project Voyager”, will initially operate under Siemens Energy’s future brand, Omterra, once that rebrand is launched. The ToI division employs around 17,000 people and generated approximately €5.7 billion in revenue in fiscal 2025, representing about 15% of the group’s total revenue. It includes steam turbines, compressors, generators and hydrogen electrolysis solutions for industrial customers. A high service share of around 50% of total revenue provides stable, recurring earnings. Change of structure The separation designed to sharpen Siemens Energy’s focus on its core growth areas in power generation and grid infrastructure, while giving the ToI business unit more autonomy over investment and strategy. “If we don’t change our structure, we limit what Transformation of Industry can achieve. Our current investment focus is on power generation and power transmission, with higher immediate payback,” Siemens Energy CEO Christian Bruch said. Spin-off to initially run under Omterra The ToI business to be carved out will initially operate under Siemens Energy’s future brand, Omterra, once the latter is launched, the company said in a statement. Following the spin-off from Siemens AG in 2020, Siemens Energy is also transitioning to an independent brand identity whereby the current entities Siemens Energy and Siemens Gamesa Renewable Energy will be united under a single name. The rebranding process will begin later in 2026 and will be implemented in stages over roughly 18 months. Enjoyed your free read? Consider a trial subscription      Follow us on social media Gas to Power Journal | 39-41 North Road | London, N79DP GB Unsubscribe | Update Profile | Constant Contact Data Notice

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