Australia ///

Santos, Conoco award FEED contracts for Barossa project, offshore Australia

Santos announced further progress on the front end engineering and design (FEED) phase of the Barossa offshore project with the award of three major engineering contracts.

Santos announces final investment decision on Arcadia project in Australia

Santos and its GLNG Partners will invest more than A$400 million in the 137-well Arcadia gas project in the Bowen basin, in Queensland’s Central Highlands region.

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.

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.