WorldOil Santos rejects $10.9-billion Harbour offer as too low, too risky Santos Ltd. rejected Harbour Energy Ltd.’s $10.9-billion final offer and terminated talks, saying its proposal was too low and too risky. Harbour Energy sweetens Santos offer, bidding $10.9 billion Harbour Energy Ltd. made a final sweetened bid of $10.9 billion for Santos Ltd., claiming support from the Australian oil and gas producer’s biggest shareholders. UIL Energy upgrades prospective resources at Walyering field in Australia The Directors of UIL Energy Ltd. have announced the progress achieved at Walyering gas field, located in the southern part of EP447, in Australia's Perth basin. Australia's "spaghetti junction" prompts teamwork to cut costs The energy industry in Australia, looking back on an era of waste and profligacy, is now preaching the gospel of thrift and collaboration as it tries to attract more investment in an age of fiscal discipline. Gas giants swap roles as biggest buyer turns to Australia The gas market is being flipped upside down. Santos announces Barossa FEED decision that could double production in Northern Australia Santos has announced that agreement has been reached with our joint venture partners to enter the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG (DLNG). China's ENN to cautiously consider Harbour's $10.3-billion Santos offer Chinese company ENN said it will consider a $10.3-billion takeover from U.S. suitor Harbour Energy for Santos Australian LNG exporter. Woodside completes Scarborough acquisition Woodside advises that the acquisition of ExxonMobil’s interest in Scarborough gas field has been completed. The effective date of the transaction is Jan. 1, 2018. Over $57 billion to be spent on Oceania’s upstream projects by 2025, GlobalData says An average capex of $7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025, according to GlobalData, a leading data and analytics company. Shell risks losing gas race as rival targets shared resource After a decade planning the world’s largest floating gas export plant, Royal Dutch Shell Plc’s supplies could get tapped by a competitor first.