Australia
News
May 27, 2019
Five (5) new petroleum exploration licenses (PEL) in the Cooper Basin and three (3) new petroleum exploration licenses in the Otway Basin are being offered by the South Australian Government on the basis of work program bidding.
News
May 27, 2019
Australia’s gas industry is in a relative sweet spot. Its ideally placed to serve Chinese buyers avoiding tariff-laden U.S. LNG and the surprise re-election of its center-right government means producers face less immediate pressure to cut emissions.
News
May 23, 2019
Aquaterra Energy, a leader in global offshore engineering solutions, has opened its first engineering office and warehouse facility in Perth, Australia following recent regional contract wins.
News
May 07, 2019
Beach Energy awarded Baker Hughes, a GE company a contract to supply subsea production systems for its Victorian Otway basin development project located in offshore Victoria, Australia.
News
May 01, 2019
In a corner of outback Australia, a drilling crew will soon try tapping shale rocks that could hold more than three times the world’s annual consumption of natural gas.
News
April 29, 2019
McDermott International, Inc. has announced the company has successfully completed the final offshore campaign for the INPEX-operated Ichthys LNG Project, located offshore Western Australia.
News
April 20, 2019
Jose Ramos-Horta says he is confident Australia will reimburse ‘every cent it wrongly received’ after the countries signed a maritime border treaty last year.
News
April 03, 2019
Maersk Drilling has announced that the ultra-deepwater semi-submersible Mærsk Deliverer has been awarded a three-year contract by Inpex Australia and joint venture participants for drilling at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia.
News
March 12, 2019
Aker Solutions has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field, offshore Australia.
News
March 06, 2019
Strike Energy Limited has advised that the drill site preparation and other civil works have now commenced.
News
February 27, 2019
International energy consultancy Xodus Group has grown its team in Perth by almost 50% after a batch of new contract wins in the Asia-Pacific (APAC) region over the last twelve months.
Article
February 2019
Rising oil supplies and falling prices in second-half 2018 constrained global drilling, but activity should post a measured gain in 2019. Virtually all the global oil production increase is due to U.S. shale activity.
Article
February 2019
For years, Australia’s overall production rate has been shrinking. However, according to the U.S. EIA, additional production from new condensate and crude oil developments is expected to offset the decline over the next few years.
News
February 06, 2019
Wood and KBR,Inc. have secured a new multi-million dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia’s Crux project to build a not normally manned (NNM) platform and gas export pipeline located approximately 373 mi (600 km) north of Broome, offshore Western Australia (WA).
News
January 16, 2019
Subsea Integration Alliance today announced the award of integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts.
Article
January 2019
Total—alongside partners CNOOC Limited (45%), Petrobras (16%) and Nigerian National Petroleum Corp. (15%)—has begun producing from Egina field, about 93 mi off the coast of Nigeria.
News
January 09, 2019
Maersk Supply Service has been awarded a contract with Chevron Australia, which will see two of its newbuild anchor handling tug supply vessels support the Chevron-operated Gorgon Stage Two drilling program.
News
January 08, 2019
Marine and engineering consultancy Aqualis Offshore has set up an office in Perth, Western Australia, to support oil and gas developments in the Australasia region.
News
December 18, 2018
Senex Energy Ltd. has successfully completed the initial flow test of the Gemba-1 gas exploration well in the Cooper basin, with stabilized flow rates of approximately 8 MMscfd, plus associated liquids.
News
December 13, 2018
Total has signed an agreement to divest a 4% interest in the Ichthys liquefied natural gas (LNG) project in Australia to operating partner INPEX for an overall consideration of $1.6 billion.
News
December 13, 2018
ExxonMobil said today that it has made a final investment decision to develop West Barracouta gas field in Bass Strait, to bring new gas supplies to the Australian domestic market.
