Australia & New Zealand News - page 16


Competition Regulator OKs Woodside's Merger with BHP's Oil & Gas Business

Dec 16, 2021

Australia's competition regulator approved Woodside Petroleum's agreed $28 billion merger with BHP Group's petroleum arm on Thursday, saying it would not reduce competition in the domestic gas market.The Australian Competition and Consumer Commission…

SRJ Technologies to Buy STATS Group

Dec 14, 2021

ASX-listed SRJ Technologies Group plc has struck a deal to buy the UK-based oilfield services firm STATS.STATS said Tuesday that its shareholders had executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies…

Woodside Names CFO

Dec 14, 2021

Australian oil and gas company Woodside has named Graham Tiver as Chief Financial Officer and Executive Vice President. Joining Woodside from BHP,  Tiver previously held the role of Group Financial Controller with responsibility for BHP’s global…

Santos Takes Over Oil Search. Names CFO

Dec 13, 2021

Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…

Carnarvon Faces Another Buffalo Drilling Start-up Delay

Dec 13, 2021

Australian oil and gas firm Carnarvon Energy expects to spud its Buffalo-10 well in the Timor Sea in late December and not in mid-December as previously expected.The company said Monday that the Valaris JU-107 jack-up drilling rig was 'still on its current operations…

Australia's Santos Awards Long-term Charters for Solstad Offshore Vessel Duo

Dec 08, 2021

Norwegian offshore vessel owner Solstad Offshore has secured long-term contracts with Santos for two of its offshore vessels in Australia.The AHTS Far Senator and PSV Far Seeker have been awarded a contract by Santos in support of its drilling activities…

Offshore Wind Could Power Alcoa's Smelter in Australia

Dec 08, 2021

Australia's Alinta Energy said on Tuesday it is considering building a A$4 billion ($2.8 billion) offshore wind farm to supply Alcoa Inc's (AA.N) Portland aluminum smelter and the country's east coast grid.The project is at a very early stage…

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…

Australian LNG Hit by Shell, Chevron Outages at Prelude, Gorgon

Dec 03, 2021

Royal Dutch Shell Plc shut production at its Prelude floating liquefied natural gas (LNG) site and Chevron Corp shut one of three processing units at its Gorgon LNG plant, both off northwestern Australia, the companies said on Friday.The Gorgon…

Green Group to Challenge Approval for Woodside's Pluto LNG project

Nov 30, 2021

Woodside Petroleum said on Tuesday an environmental body will challenge the government's decision to approve the expansion of its Pluto LNG train on concerns of environmental harm caused by greenhouse gas emissions.The Conservation Council of…

Expro Reels in $50M Worth of Subsea Contracts in Malaysia, Australia

Nov 29, 2021

Oilfield services firm Expro said Monday it had secured four 'significant' subsea well access contracts in Malaysia and Australia worth more than $50 million. Two contracts are in Australia and two in Malaysia. One contract is with Shell in Malaysia…

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…

New Worley Chief Financial Officer Set to Assume Role Next Week

Nov 26, 2021

Australian engineering firm Worley said Thursday that Tiernan O'Rourke would assume the position of Chief Financial Officer (CFO) on November 29.O'Rourke's appointment was announced back in August when Worley said he'd start in the position 'later this calendar year…

Australian Parliament Clears Way for Offshore Wind Farms

Nov 26, 2021

Australia's parliament on Thursday passed legislation setting a framework for developing offshore wind farms and transmission lines, in a big boost to several multibillion-dollar proposed projects as the country looks to replace coal-fired power…

Australia: Flotation Energy Gets $2.3M from Victorian Gov't for Seadragon Offshore Wind Farm

Nov 24, 2021

Flotation Energy has secured $2.3 million in Australia from the Victorian Government Energy Innovation Fund for its planned 1.5 GW Seadragon offshore wind farm in Gippsland, Victoria. The proposed 1.5GW bottom fixed Seadragon offshore wind project…

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