Jadestone Energy News


Esgian Week 22 Report: A Shrinking Pool of Vintage Semisubs

Jun 02, 2024

Esgian provides an update on rig sales and the shrinking pool of vintage semisubs in its Week 22 Rig Analytics Market Roundup.Report SummaryContractsNoble Corporation has secured a new well intervention contract with Harbour Energy in UK waters of the North Sea for the 350-ft jackup Noble Resilient…

Woodside Cancels Sale and Retains Ownership of Macedon and Pyrenees Assets

Apr 11, 2024

Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…

Carnegie Clean Energy Gets $2.3M More for CETO Wave Energy Device Trials

Mar 11, 2024

Carnegie Clean Energy has secured a $2.3 million grant from the Basque Government’s Energy Agency EVE for the deployment of its CETO wave energy device at the Biscay Marine Energy Platform (BiMEP) offshore northern Spain.Carnegie secured the…

Jadestone Energy Increases Stake in CWLH Oil Fields Offshore Australia

Feb 14, 2024

Asia-pacific focused oil and gas company Jadestone Energy has completed the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia, from Japan Australia LNG (MIMI)…

Jadestone Eyes Woodside’s Macedon and Pyrenees Fields Offshore Australia

Feb 13, 2024

Asia Pacific-focused oil and gas company Jadestone Energy has confirmed its participation in the bid process for the proposed sale of Woodside’s interest in the Macedon and Greater Pyrenees projects offshore Western Australia.The bid process…

Jadestone Outlines Gas Sale Terms with PV Gas for Fields Offshore Vietnam

Jan 26, 2024

Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation (PV Gas) for the gas sales and purchase agreement (GSPA) relating to the Nam Du and U Minh gas fields offshore Vietnam…

Petronas Awards Seven New PSCs for Six Offshore Blocks in Malaysia

Jan 23, 2024

Malaysia’s Petronas has awarded Production Sharing Contracts (PSCs) for six exploration blocks and one Discovered Resource Opportunities (DRO) cluster under the Malaysia Bid Round 2023.The awards are expected to garner more than $275 million (RM 1…

Jadestone Energy Doubles Stake in North West Shelf Oil Project Off Australia

Nov 17, 2023

Asia Pacific-focused Jadestone Energy has this week executed a sale and purchase agreement to acquire the non-operated 16.67% working interest in the Woodside-operated Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development, offshore Western Australia…

Mocean Energy Raises Funds for Blue Star Wave Energy Technology

Nov 13, 2023

Wave energy firm Mocean Energy has raised £2.2 million in new equity alongside a £500,000 grant to drive the commercialization of its wave energy technologies.The equity funds come from existing investors, including Equity Gap, Scottish Enterprise and Old College Capital…

BB Energy, JE Energy Win Tender to Market Guyana's Share of Oil

Nov 10, 2023

British trading firms BB Energy and JE Energy on Thursday won two contracts to market Guyana's share of crude production through deals that will pay the South American country premium fees of between 26 cents and 70 cents per barrel over market prices…

Montara Venture FPSO Resumes Production

Sep 07, 2023

Asia Pacific-focused oil and gas company Jadestone Energy plc on September 1 restarted oil production from the Montara Venture FPSO offshore Australia.The production had been shut down since July due to a defect in the FPSO's 4S ballast water tank…

Jadestone Working to Restore Montara Venture FPSO Production

Aug 23, 2023

Jadestone Energy said it is making progress toward resuming production from the Montara Venture floating production storage and offloading (FPSO) unit offshore Australia.The Asia Pacific-focused independent oil and gas production company in…

Jadestone Energy Chooses Velesto Drilling Rig for East Belumunt Offshore Drilling Campaign

Aug 16, 2023

Malaysian drilling contractor Velesto Drilling revealed Wednesday it had secured an offshore drilling rig contract with Jadestone Energy. Under the contract, Velesto Drilling is providing a jack-up drilling rig for the East Belumunt field infill drilling program…

Jadestone Energy Working to Address Tank Defect on Montara Venture FPSO

Aug 10, 2023

Asia Pacific-focused Jadestone Energy, which last month shut down production from its Montara Venture FPSO off Western Australia due to an issue with the FPSO's 4S ballast water tank,is still working to address the defect in the tank.Jadestone Energy said Thursday that since the shutdown…

Current News

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

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