Australia & New Zealand News - page 14


Australia: ExxonMobil Investing $295M to Boost Gas Production from Gippsland Basin Assets

Mar 17, 2022

ExxonMobil's Australian subsidiary Esso Australia has made a final investment decision to develop additional gas from the Gippsland Basin Kipper offshore field in Australia's Bass Strait.The company said the move would 'help secure much-needed supply for the Australian domestic market…

Offshore Wind Industry Coming to Australian Waters

Mar 11, 2022

Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…

McDermott Wraps Bayu Undan Field Infill Work

Mar 10, 2022

Offshore services firm McDermott International said Thursday it had recently completed work under its first subsea, engineering, procurement, construction and installation (EPCI) contract with Australia's oil and gas firm Santos for the Bayu-Undan Infill Well Phase 3C Project in the Timor Sea…

Australia's Victoria State Sets 9GW Offshore Wind Target by 2040

Mar 04, 2022

Australia's Victoria state on Friday set targets of at least 2 gigawatts (GW) of offshore wind power by 2032, and 9 GW by 2040, setting up ambitious goals to help fill a gap in power supply as coal-fired plants shut down.Australia, heavily dependent on coal-fired power…

Jadestone Energy Resumes Full Output from Montara (Australia)

Mar 02, 2022

Jadestone Energy said Wednesday it had resumed full production at the Montara project offshore Australia.Montara production had in recent weeks been running at reduced rates following an engine failure in the gas reinjection compressor.  'The engine has been replaced and gas lift reinstated…

Cyclone Threat: Santos Removing Workers from Noble Tom Prosser Rig

Feb 28, 2022

Australian oil and gas company Santos is downmanning the Noble Tom Prosser rig, used for Pavo-1 well drilling off W. Australia, due to a cyclone threat, Carnarvon Energy, Santos partner in the project said  The well is being secured and the…

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…

Santos Drilling Ahead at Pavo-1 Site Offshore Australia

Feb 15, 2022

Australian oil and gas company Santos is drilling ahead at its Pavo-1 well, off W. Australia, after last week's spud using the Noble Tom Prosser jack-up drilling rigThe Pavo-1, operated by Santos (70%) with Carnarvon as partner (30%) is targeting…

Heerema's Giant Crane Vessel Sleipnir to Install LNG BCM on INPEX's Ichthys Explorer Platform

Feb 11, 2022

Dutch offshore installation company Heerema Marine Contractors has been selected by Japan's INPEX as a contractor of choice for the transport and installation of the 4,800 metric ton Ichthys LNG Booster Compression Module (BCM), offshore W. Australia…

Rig in Place - Santos to Spud Pavo-1 Well Targeting 82 Million Barrels

Feb 09, 2022

Australian oil and gas company Santos is set to start drilling the Pavo-1 well, offshore W. Australia, as the Noble Tom Prosser jack-up drilling rig has reached the well site and completed pre-drill preparations.The Pavo-1, operated by Santos…

DOF Subsea Bags Three-year MPSV Charter with Exxon in Australia

Feb 04, 2022

ExxonMobil has awarded a long-term contract to offshore vessel owner DOF Subsea for the provisions of multi-purpose supply vessel services in Australia.The contract is for three years firm plus two one-year extension options. Under the contract…

Western Gas Targets 2Q Spud Date for 'High-impact' Sasanof-1 Well as All Regulatory Approvals Granted

Feb 03, 2022

Australian oil and gas company Western Gas expects to spud its 'high-impact' Sasanof-1 exploration well on the North West Shelf offshore Australia in the second quarter of 2022. The company said Thursday it had received all the necessary regulatory approvals for the drilling operation…

Australia: Pilot Energy, Triangle Energy Terminate Proposed Farm-out and Cliff Head Solar, Wind JV

Feb 02, 2022

ASX-listed oil and gas company Pilot Energy Limited said Tuesday its proposed agreements with Triangle Energy to farm out a part of a block off W. Australia and create a solar and wind joint venture would not go ahead as the Australian regulators have refused to grant the necessary approvals…

Takeover Offer Launched for Oil and Gas Firm FAR

Jan 31, 2022

Samuel Terry Asset Management Pty Ltd has launched a takeover offer for W. Africa-focused oil and gas company FAR.Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund launched an offer to acquire FAR’s shares at 45c cash per share…

Current News

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Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

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Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

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