Australasia ///

Wood wins five-year engineering services contract supporting INPEX in Australia

Wood has been awarded the brownfield engineering services contract for the INPEX-operated Ichthys offshore facilities, located 220 km off the coast of Western Australia and onshore liquefied natural gas (LNG) processing facilities in Darwin, Northern Territory.

Indonesia eyes European, U.S. oil giants for investment bids

Indonesia will hold roadshows in the U.S. and Europe later this month to lure investments from the world’s top energy companies as the former OPEC member seeks to reverse a decline in oil and gas production.

TAG Oil reports potential oil pay in New Zealand's Taranaki basin

TAG Oil Ltd. has provided a positive update on its Pukatea-1 exploration well, which was spudded on Jan. 24, 2018. The Pukatea-1 well is located in TAG Oil’s operated Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki basin of New Zealand.

Shell to sell stake in Thailand’s Bongkot field for $750 million

Shell Integrated Gas Thailand Pte Ltd. and Thai Energy Company Ltd., affiliates of Royal Dutch Shell Plc, have agreed to an asset sale of their 22.2222% interest in Bongkot field and adjoining acreage offshore Thailand to PTT Exploration & Production Public Company Limited (PTTEP) and PTTEP International Limited.

Maersk wins contract with Quadrant Energy for two Starfish new-builds

Commencing March 2018, Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia.

ExxonMobil encounters hydrocarbons onshore Papua New Guinea

ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.

Beach Energy discovers new gas field in Australia's Otway basin

Beach Energy Ltd. has announced a new gas field discovery at Haselgrove-3 ST1 in the onshore Otway basin, in South Australia. Flow test results from the primary target Sawpit Sandstone indicate a high deliverability reservoir and provide encouragement to move towards commercialization of a large gas resource.

UTEC secures major survey contract in Australia

UTEC, a global survey company in subsea services group Acteon, has been awarded a contract by Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western Australia.

Eni acquires operatorship of Evans Shoal gas field, offshore Australia

Eni has acquired the whole 32.5% interest from Shell Australia Proprietary Limited (Shell) in Evans Shoal gas field, and has become the Operator of the Retention Lease NT/RL7 located in the north Bonaparte basin, offshore Northern Australia.

Wood secures two new contracts supporting Woodside in Australia

Wood has been awarded two new contracts by Woodside to deliver engineering and rig modification services offshore Australia and a concept definition study for the Julimar Phase 2 project.

ABB to provide Woodside with battery storage system

ABB will provide Woodside, Australia’s largest independent oil and gas company, with a PowerStore Battery storage system that is capable of remote management of operations and service. The system will be installed on the Goodwyn A platform.

Santos strengthens Northern Australia position with Beehive 3D seismic survey

Santos today entered an agreement to partially fund and operate a 3D seismic survey over the exciting, undrilled Beehive prospect, earning the company a farm-in option for WA-488-P in the Bonaparte basin, offshore Western Australia.

Woodside awards Greater Enfield subsea rig interface work to ICON Engineering

Woodside Energy has awarded ICON Engineering a scope of works providing subsea rig interfaces for the Greater Enfield oil development project.

Polarcus secures funding for 3D broadband project in Australia

Polarcus Limited has announced that the Company has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.

Delmar Systems moves into new mooring equipment storage yard in Western Australia

Delmar Systems Pty, LTD has purchased a new mooring equipment storage yard and base facility at Karratha in Western Australia.

Santos strengthens PNG growth with farm-in to Aure Fold Belt

Santos has announced it will acquire a 20% equity in the PPL 339 licence in Papua New Guinea via a farm-in agreement with Kina Petroleum Limited.

Woodside tumbles most in 16 months after Shell to sell stake

Woodside Petroleum Ltd. fell the most in 16 months after Europe’s biggest oil company, Royal Dutch Shell Plc, said it would offloaded its entire holding in the Australian liquefied natural gas producer for $2.7 billion.

Shell further reduces its interest in Woodside

Shell’s subsidiary, Shell Energy Holdings Australia Limited (SEHAL), has entered into an underwriting agreement with two investment banks, for the sale of 71.6 million shares in Woodside, representing 64.0% of its interest in Woodside and 8.5% of the issued capital in Woodside.

EnerMech secures hose supply, services contract for Shell's Prelude Australia Project

Global engineering and maintenance services provider, EnerMech, has been awarded a five-year contract for hose and hose fittings supply and services for Shell’s Prelude FLNG Facility in Western Australia.

ITF HyJump JIP to study hydrate blockage risk in subsea jumpers

The University of Western Australia (UWA) is leading a joint industry project (JIP), supported by the Industry Technology Facilitator (ITF), to provide industry with a better understanding of the mechanism of hydrate growth and blockages.