Australasia
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ADNOC's XRG has withdrawn its $19 billion bid for Santos, ending a high-profile push to expand in Australia’s LNG market amid valuation and tax disagreements.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.
News
May 14, 2025
Woodside Energy and Aramco have entered into a non-binding collaboration agreement to explore global opportunities, including Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.
News
May 14, 2025
McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy.
News
May 06, 2025
Valaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025. The VALARIS 247 is a 27-year-old jackup rig currently operating offshore Australia.
News
April 24, 2025
Decom Engineering has announced a promising start to 2025 with contracts valued at more than £2 million ($2.66 million USD) secured in the first quarter, positioning the subsea cutting specialist for further international growth.
News
April 03, 2025
Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a Memorandum of Understanding to work together to grow the subsea sector in both hemispheres.
News
March 12, 2025
InCapture and joint venture partners SK earthon Australia and Carbon CQ have awarded Halliburton Australia the full scope of the G-15-AP CCS Declaration of Storage Project and will collaborate on the ambitious goal of launching a commercial scale CCS project within G-15-AP by the end of this decade.
