Karoon Gas Australia Ltd News


PHI International to Provide Crew Transfer Services for Woodside's Scarborough Project

Feb 23, 2022

Offshore helicopter operator PHI International (PHI) has said it has won 'a significant' aviation services contract with Woodside, as an operator for and on behalf of the Scarborough Joint Venture, in Western Australia. The contract will see PHI transporting personnel from Learmonth Airport…

Woodside Profit Hits Seven-year High

Feb 17, 2022

Soaring oil and gas prices and cost savings helped Australia's Woodside Petroleum Ltd (WPL.AX) report profits in 2021 more than tripled to a seven-year high, prompting the firm to reward shareholders with a fatter than expected dividend.Shares…

Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia

Jan 11, 2022

Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…

Western Gas' Environment Plan for Sasanof-1 Drilling Gets Regulator's Approval

Dec 23, 2021

Australian oil and gas company Western Gas has said that regulator NOPSEMA has accepted its Environment Plan to manage activities for the Sasanof-1 exploration well on the North West Shelf, Australia.Drilling is scheduled to start in March/April 2022 using the Valaris MS-1 semi-submersible rig…

Beach Energy Awards Thylacine Field Deal to DOF Subsea

Dec 17, 2021

Offshore vessel owner DOF Subsea Australia has secured a contract with oil and gas company Beach Energy for the Otway Offshore Phase 5 - transport and installation project in Australia.'After collecting all permanent equipment from vendors and transportation to the offshore site…

Woodside to invest $5B in New Energy by 2030

Dec 08, 2021

Australia's Woodside Petroleum Ltd plans to invest $5 billion by 2030 mainly in hydrogen, in line with a global push for cleaner energy, armed with cash flow from its planned merger with BHP Group's petroleum arm.Woodside Chief Executive Meg O'Neill outlined her energy transition plan on Wednesday…

Oil Search Gets Shareholder Approval for $6.2B Buyout by Santos

Dec 07, 2021

Papua New Guinea-focussed Oil Search Ltd said on Tuesday its A$8.8 billion ($6.21 billion) buyout by Santos Ltd received overwhelming support from its shareholders, getting over 95% votes in favor of the deal.Shares of Oil Search rose as much as 3…

Australia: Western Gas Hires Valaris Offshore Rig for 'High-impact' Sasanof Offshore Well

Nov 29, 2021

Australian oil and gas company Western Gas has signed a formal contract with offshore drilling firm Valaris for the MS-1 semi-submersible rig to drill the Sasanof-1 exploration well.The Sasanof-1 exploration well is in permit WA-519-P in Commonwealth waters about 207 km northwest of Onslow…

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

South Korea's POSCO Launches Takeover Bid for Australia's Senex Energy

Oct 18, 2021

Australian coal seam gas producer Senex Energy Ltd said it had received a $605 million takeover proposal from POSCO International Corp and was opening up its books to the South Korean trader with the aim of gaining a sweeter offer.The A$815 million or A$4…

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Oct 15, 2021

Australian oil and gas firm Bounty Oil and Gas has agreed to farm into four oil-prone offshore licenses in Western Australia, owned by Coastal Oil and Gas.Bounty will acquire a 25% stake in licenses EP  475, EP 490, EP 491 and TP 27 (collectively…

Woodside Extends Worley's Service Agreement for W. Australia Gas Plants

Oct 05, 2021

Australian oil and gas firm Woodside has awarded an extension to a non-binding frame agreement with engineering firm Worley to continue supporting the Karratha Gas Plant and Pluto LNG assets in Western Australia.Pluto LNG processes gas from…

BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

BW Offshore In Barossa FPSO Equity JV Partnership

Sep 10, 2021

FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…

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