Australasia
News
November 25, 2025
Woodside Energy has signed a suite of global frame agreements with ABL to deliver marine warranty, assurance, and consultancy services across its offshore operations in Australia, the U.S. and other international regions.
News
November 20, 2025
EnerMech has secured a one-year extension to maintain cranes and deliver integrity services across six offshore assets—including multiple FPSOs—in North West Australia, strengthening a partnership that dates back to 2019.
News
November 19, 2025
New Xodus research estimates Australia’s full offshore oil and gas decommissioning liability at $43.6 billion—down from 2020 projections—reflecting rising efficiency and improved cost forecasting.
News
November 03, 2025
Liberty Petroleum plans to begin drilling in 2026 across its 20-million-acre position in Australia’s Officer basin—one of the country’s largest untapped oil prospects. The U.S.-based firm’s project underscores deepening U.S.–Australia energy cooperation.
News
October 30, 2025
DeepOcean has been selected to deliver a major subsea decommissioning project offshore Western Australia, including the suspension of subsea trees, removal of flowlines, umbilicals, and a disconnectable turret-mooring buoy. The 2026 campaign will be managed from Perth, leveraging Shelf Subsea’s regional expertise.
News
October 14, 2025
Santos Chief Financial Officer Sherry Duhe has resigned after one year, following the collapse of a proposed $19 billion merger with ADNOC. Duhe will be replaced by deputy CFO Lachlan Harris as the company refocuses on LNG growth projects.
News
October 02, 2025
EnerMech has secured a subsea pre-commissioning contract for a major offshore gas project in Australia’s East Browse basin, covering riser and umbilical services from October 2025 to April 2026.
News
September 30, 2025
Tamboran Resources will acquire Falcon Oil & Gas in a $172 million deal, consolidating ~2.9 million net acres in Australia’s Beetaloo basin. The transaction strengthens Tamboran’s position as a leading shale gas operator in one of Australia’s most prospective plays.
News
September 22, 2025
BW Offshore has achieved first gas on the BW Opal FPSO at Santos’ Barossa LNG project offshore Australia. The FPSO, designed to process 850 MMscf/d of gas and 11,000 bpd of condensate, marks a key milestone ahead of full operations under its 15-year charter.
News
September 17, 2025
ADNOC's XRG has withdrawn its $19 billion bid for Santos, ending a high-profile push to expand in Australia’s LNG market amid valuation and tax disagreements.
News
September 12, 2025
Woodside has received final environmental approval from the Australian Government for the North West Shelf Project Extension, ensuring continued LNG supply, jobs, and investment while meeting cultural and environmental safeguards.
News
September 05, 2025
ADNOC is considering lining up more than $10 billion in debt financing from local and international banks as it moves forward with its roughly $19 billion pursuit of Australian fossil fuel producer Santos Ltd., according to people familiar with the matter.
News
September 04, 2025
Unity Well Integrity has announced a strategic partnership with Clear Cut Interventions (CCI) Australia, marking a significant step forward in delivering advanced intervention and well integrity solutions to operators across the Asia-Pac region.
News
September 04, 2025
Shell is testing the market for possible buyers of its 16.67% stake in the North West Shelf LNG export project in Western Australia, which could be worth more than $3 billion, according to people familiar with the matter.
News
August 22, 2025
Woodside has won a favorable decision from the Federal Court confirming the validity of the Scarborough Operations Environmental Plan, the final environmental approval required for Woodside to connect, commission and operate the Scarborough FPU.
News
July 30, 2025
Woodside will assume operatorship of ExxonMobil's Bass Strait assets in a historic deal that will unlock additional gas resources in Australia. As operator, Woodside will oversee asset planning, execution and production-boosting strategies.
News
July 22, 2025
ExxonMobil was recently denied a motion to dismiss a lawsuit that claims it breached a Contingent Resource Payment Agreement (CRPA) it held with InterOil, a company with natural gas interests in Papua New Guinea whom Exxon acquired in 2017.
News
July 14, 2025
Falcon Oil & Gas Ltd. has completed successful flow-rate tests and commenced its 2025 drilling campaign in Australia’s Beetaloo sub-basin. The flow rate results are comparable to top shale wells in the U.S., and the drilling campaign will be the largest in the Beetaloo to-date, said Falcon's CEO.
News
July 11, 2025
Xecta has expanded its partnership with Santos to scale the deployment of the Integrated Production System Model (IPSM) across the company’s assets in Eastern Australia and Papua New Guinea. The five-year agreement follows a successful rollout in the Cooper basin.
News
June 16, 2025
Abu Dhabi National Oil Co. has made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., in one of the most audacious overseas moves yet by the Middle Eastern company as it seeks to expand its production of liquefied natural gas.
News
May 14, 2025
UK-headquartered Score, a global provider of advanced engineering technology services in the fields of valve and emissions management, gas turbines and surface technologies has announced two major multi-million-dollar acquisitions as part of its strategic growth plan.
