Australia ///

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.

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.

Chevron begins LNG production at Wheatstone, Western Australia

Chevron Corporation has announced that it has started producing liquefied natural gas (LNG) at the Wheatstone Project in Western Australia. The first cargo is on track to be shipped in the coming weeks.

Australia's Beach Energy to buy Lattice Energy in $1.25-billion deal

Australia’s Beach Energy Ltd. agreed to buy Origin Energy Ltd.’s conventional oil and gas business, Lattice Energy, for A$1.59 billion ($1.25 billion) in a deal set to triple the Adelaide-based company’s reserves.

Northwest Energy encounters hydrocarbons in Xanadu prospect

Northwest Energy has confirmed that Xanadu-1 has intersected hydrocarbon bearing reservoirs demonstrated by elevated gas readings, oil shows, fluorescence and cut-fluorescence whilst drilling reservoir sections.

Shell sees gas shortage risk triggering Australia LNG export cut

The world’s second-biggest liquefied natural gas exporting nation will probably curb shipments next year to avoid a domestic shortfall of the fuel, according to the Australian head of Royal Dutch Shell Plc.

Wood Group wins five-year contract supporting INPEX's Ichthys LNG development

Wood Group has secured a new, five-year contract with INPEX Operations Australia Pty Ltd. to provide subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia.