Australia ///

Santos quarterly sales rise 11% on production boost, LNG volumes

Santos, the Australian oil and gas company, reported an 11% rise in third-quarter sales due to a boost in production.

Quadrant Energy reports successful well test offshore Western Australia

Successful Well Test in Bedout Basin Offshore Western Australia

BP bulks up offshore Australia gas to feed Northwest Shelf LNG

BP picked up new offshore Australia gas fields to expand supply options for the North West Shelf LNG venture.

Falcon Oil & Gas JV reports discovery in Australia's Beetaloo basin

Falcon Oil & Gas Ltd. has announced that Origin Energy Resources Limited, the company's Joint Venture partner, has submitted a notification of discovery and an initial report on discovery to the Department of Primary Industry and Resources (DPIR) of the Northern Territory, Australia on the A mungee NW - 1H well in the Beetaloo basin, Australia.

BP exits frontier exploration project offshore Australia

BP has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last frontier regions and before it could drill a single well.

Karoon to explore in Great Australian Bight

Karoon Gas Australia has been awarded a license for exploration permit EPP46. The permit covers 17,793 km2 of Australia’s most active and prospective frontier oil province, the Ceduna sub‐basin, in the Great Australian Bight (GAB), offshore South Australia.

INPEX awards Ichthys LNG contract to Amec Foster Wheeler

INPEX, Japan’s largest E&P company, has awarded Amec Foster Wheeler a consultancy contract for the Ichthys LNG project in Australia.

CGG completes Phase 1 processing for Davros multi-client survey in northern Carnarvon basin

CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the northern Carnarvon basin on the North West Shelf of Western Australia is available now.

Ichthys LNG project reaches milestone with startup of offshore power generators

The INPEX-led Ichthys LNG project has reached a key milestone with both its central processing facility (CPF) and FPSO facility safely starting up their main power generators in the South Korean shipyards where they are being constructed.

Bengal Energy announces discovery in Australia

Bengal Energy has announced that the first four wells of the Cuisinier 2016 five well drilling campaign have been cased as future oil producers in the Murta horizon.

Origin Energy’s new CEO to focus on cutting $6.8-billion debt

Frank Calabria, who was named Friday as Origin Energy Ltd.’s new CEO, said he’ll focus on paying down a A$9-billion ($6.8-billion) debt pile and consider more asset sales when he takes over from Grant King next month.

Emerson awarded contract for Shell’s Prelude FLNG facility

Shell Australia has chosen Emerson to provide automation maintenance and reliability services for Shell’s Prelude FLNG facility.

Woodside eyes LNG boost after $400-million gas deal with BHP

Woodside Petroleum may look to funnel gas from Scarborough field off Western Australia to one of its existing LNG plants after agreeing to a $400-million deal to buy half of BHP Billiton Ltd.’s stake in the remote offshore resource.

New partnership challenges coal seam gas water reduction methods

Zilift, a developer of permanent magnet technologies for artificial lift applications, has signed an agreement with Auscoil, an oilfield services solutions provider for the Australian Coal Seam Gas (CSG) industry.

Woodside sees lower LNG prices as buyers push contract changes

Woodside Petroleum Ltd. expects lower LNG prices as it renegotiates short-term contracts and says buyers across Asia will increasingly resist deals that restrict the reselling of the super-cooled fuel.

Cooper Energy recommences drilling with Callawonga-12 in South Australia

Cooper Energy Limited has announced the recommencement of drilling by the PEL 92 joint venture with the spudding of Callawonga-12, an oil development and appraisal well located in PPL 220 on the western flank of the Cooper basin, South Australia.

Australia LNG export boom nips Santos amid gas pinch at home

After spending billions of dollars constructing a world-class LNG export project in Australia, Santos Ltd. has found itself short of gas.

Gas glut upends global trade flows as buyers find leverage

The market for LNG is about to attract more players and more trading as new supply from the U.S. and Australia strengthens buyers’ bargaining power.

Santos flags $1-billion Gladstone LNG charge on gas supply

Santos Ltd. will take a $1.05-billion writedown on the value of its Gladstone LNG project due to rising prices for third-party natural gas supplies and slower than expected ramp up of its own equity output.

Technip wins subsea contract for Woodside’s Greater Enfield development

Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia.