Australia ///

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.

World’s largest riser support structure installed with unique EPCI solution

Mahesh Swaminathan, McDermott International, Inc.

The EPCI solution was just one of many engineering feats within the INPEX-operated Ichthys LNG Project, offshore Australia.

Exxon, BHP axe lengthy sale of 50-year-old Australian oil fields

Two of the world’s biggest energy producers have abandoned the sale of some of Australia’s oldest oil fields after running a 20-month sales process.

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.

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.

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.

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 seen luring more bids after rejecting $7.2-billion offer

A bid for Santos Ltd. may trigger counter offers for the Australian oil and gas producer that has stakes in some of the world’s cheapest liquefied natural gas.

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.

Pilot Energy announces sale of WA-507-P in Exmouth Plateau

Pilot Energy is pleased to announce that the WA-507-P Joint Venture (Pilot Energy, 80%) has resolved to market for sale an unencumbered 100% interest in the permit, WA-507-P. The sale will allow Pilot to focus on its Perth basin interests.