Australia ///

Global Maritime Group bags mooring and rig move contract for Quadrant Energy

Global Maritime Deep Sea Mooring has been awarded a contract for the provision of mooring and rig positioning services to the Australian oil and gas company Quadrant Energy Ltd.

FEED phase entered for Browse FLNG development, Woodside says

Woodside, as a participant in the Browse FLNG Development, advised Wednesday that an agreement has been reached to enter the front-end engineering and design (FEED) phase for the proposed development.

Wood Group wins onshore pipeline work for Origin Energy

Wood Group has secured a $1-million contract with Origin Energy to provide detailed design engineering for the onshore pipelines related to the Halladale, Black Watch & Speculant (HBWS) Natural Gas Project in South West Victoria, Australia.

Origin Energy expects Chinese LNG buyer to fulfill contract

Origin Energy Ltd. expects China Petrochemical Corp. to fulfill its agreement to purchase liquefied natural gas from a A$24.7 billion ($19 billion) export project in Australia.

Woodside Petroleum offered Browse retention lease renewals

Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29-R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from the Commonwealth-Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum. Woodside has 30 days to accept the retention lease renewal offers.

TGS announces participation in Monument 3D survey offshore Australia

TGS has announced its participation in the 2,500 km2 Monuments 3D survey.

Chevron completes its largest seismic survey in Aussie oil hunt

Chevron is studying data from its largest-ever seismic survey to decide where to drill for oil in an untapped frontier off southern Australia.

Chevron seeks answers on why Big Foot stumbled before start

An equipment failure that’s delayed Chevron Corp.’s $5.1 billion Big Foot deepwater oil project will reduce the company’s production target by less than 25,000 bopd in 2017, the company said.

Bechtel to quadruple Queensland LNG production this year

Bechtel is on track to complete the construction of an additional three LNG production trains on Curtis Island by the end of 2015, quadrupling Queensland’s LNG production.

Apache Corp. completes sale of Australian operations

Apache Corp. has completed the sale of its Australian subsidiary, Apache Energy Limited, to a consortium of private equity funds managed by Macquarie Corporate Holdings Limited and Brookfield Asset Management Inc.

BG Group completes sale of QCLNG pipeline

BG Group has completed the sale of its wholly owned, 543-km pipeline network linking natural gas fields and the Queensland Curtis liquefied natural gas (QCLNG) export facility to APA Group.

Oil retreats as Barclays sees possibility of OPEC quota increase

Oil declined amid speculation that the Organization of Petroleum Exporting Countries may increase its production quota when the group meets on Friday.

Atlas Knowledge secures INPEX contract for major Australian project

Atlas Knowledge has been awarded a contract by INPEX to provide training for production workers involved in the US$34 billion Ichthys LNG Project.

Buru Energy spuds Olympic 1 exploration well in Western Australia

Buru Energy has commenced its extensive 2015 exploration drilling program with the spudding of the Olympic 1 conventional oil well located southeast of Broome in Western Australia.

BG takes full operational control of Queensland Curtis LNG in Australia

BG Group announced Thursday that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group's Australian subsidiary, from Bechtel Australia, which constructed the facility.

BP plans to sell part of its stake in Australian oil venture

BP Plc plans to sell part of its oil project off southern Australia, before an exploration campaign that’s slated to start late next year at a cost of more than $800 million (A$1 billion).

BHP lowers priority of Australian LNG project with Exxon

BHP Billiton Ltd. is lowering the priority of its Scarborough liquefied natural gas project with Exxon Mobil Corp. in Australia amid a fall in prices and increasing competition from the U.S.

Wood Group Kenny supports industry leading oil spill containment project

Wood Group Kenny (WGK) has secured a five-year contract with Oil Spill Response (Capping) Ltd. (OSRCL) to provide the maintenance support for a key part of a containment toolkit that would be used to control hydrocarbon release in the event of a subsea well control incident.

Apache, Inpex produce first oil from Australia's Coniston field

Inpex Corporation, through its wholly owned subsidiary Inpex Alpha, Ltd., has commenced oil production from the Coniston oil field, offshore Western Australia on Sunday.

WorleyParsons cuts 2,000 jobs on falling oil prices

WorleyParsons Ltd., Australia’s largest oil services business, said second-half earnings will fall about 50% from the first half as it cuts 2,000 jobs and reduces work due to falling commodity prices.