LogIn LogOut

Australia News

 

Australia: Pilot Energy Eyes 1.1GW Offshore Wind Farm at Oil and Gas Block Site

Sep 07, 2020

Australian oil and gas company Pilot Energy, with a stake in an offshore oil and gas block in the Northern Perth Basin, is now pursuing the development of an offshore wind farm in that same block.Pilot Energy said Friday it was starting a detailed feasibility study to pursue the development of an offshore wind, onshore wind and solar power project to be located along the offshore/onshore coast of the Mid West Region of Western Australia…

Siem Offshore Nets Extensions in Australia for AHTS Trio

Sep 16, 2020

Norwegian offshore vessel owner Siem Offshore has secured contract extensions for three of its vessels in Australia.The company said Wednesday that the extensions were fro three large AHTS vessels.'The extension will secure work until October…

Inpex Books $1.3B Writedown on Australian LNG assets, Omitting Ichthys

Aug 06, 2020

Japan's biggest oil and gas company, Inpex Corp, booked charges of 140 billion yen ($1.33 billion) on its liquefied natural gas (LNG) projects in Australia, it said on Thursday, due to a slump in prices caused by the coronavirus pandemic.The…

Transborders Energy, SBM Offshore in FLNG Pact

Jun 29, 2020

Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field development, has signed a partnership agreement with the floating production solutions giant SBM Offshore.Perth-based Transborders said Sunday…

FAR Misses Sangomar Payment

Jun 24, 2020

Australian-listed oil and gas company FAR Ltd said on Wednesday its Senegalese unit had defaulted on its obligations to the Sangomar joint venture, as the company looked to sell its interest in the project.The company owns 15% of the Sangomar oil and gas field being developed off Senegal…

Rystad: Covid-19 Brings Peak Oil Date Closer

Jun 18, 2020

The Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result, reducing the world’s recoverable oil by around 282 billion barrels, Rystad Energy said in its annual global energy outlook released this week…

Santos Offers First Bayu Undan Condensate Cargo

Jun 16, 2020

Australian oil and gas producer Santos has offered its first-ever Bayu Undan condensate cargo via a tender for loading in August, two sources with knowledge of the matter said.The 650,000-barrel cargo is scheduled to load on Aug. 8-12. The tender will close on June 17 with bids valid until June 18…

Worley, BP Sign Offshore Engineering Frame Agreements

May 20, 2020

Australia-based global engineering company Worley has signed two frame agreements with oil major BP for the provision of offshore engineering services.Worley said Wednesday that one frame agreement was for conceptual engineering and the other…

Three Firms Compete for Dorado FPSO FEED. WHP Shortlist 'Soon'

May 14, 2020

Australian oil and gas company Santos, with its partner Carnarvon, is progressing works on the development of the Dorado oil field off W. Australia, with pre-FEED contracts for the FPSO awarded to three 'world-class' contractors. The final investment decision date however…

Wood, NERA Team Up for AI-Powered Subsea Inspections

May 08, 2020

Oil and gas engineering firm Wood has teamed up with National Energy Resources Australia (NERA) to develop and deliver an AI Inspection tool for subsea oil and gas infrastructure.The companies say that the solution has the potential to revolutionize…

Virus Lockdowns Pummel Global Gas Demand, Force LNG Output Cuts

May 07, 2020

Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world's biggest buyers of liquefied natural gas (LNG), pushing Asia's spot prices to record lows and forcing some suppliers to start cutting output. Economies worldwide…

Australia Joins U.S. Ships in South China Sea Amid Rising Tension

Apr 22, 2020

An Australian frigate has joined three U.S. warships in the South China Sea near an area where a Chinese vessel is suspected to be exploring for oil, near waters also claimed by Vietnam and Malaysia, officials said on Wednesday.The warships…

Bumi Armada Loses Woodside FPSO Case

Jan 24, 2020

Malaysian FPSO specialist Bumi Armada's claim against Australia's oil firm Woodside for a 2016 FPSO contract termination has been dismissed in court.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…

Current News

Shearwater Wins Deal for Large 3D Seismic Survey

Shearwater Wins Deal for Large 3D Seismic Survey

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Cleanliness

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Cleanliness

Baker Hughes Takes Offshore Energy's Digital Path to "The Next Level"

Baker Hughes Takes Offshore Energy's Digital Path to "The Next Level"

Japan's JERA Launches LNG Bunkering Business

Japan's JERA Launches LNG Bunkering Business

Singapore: MENCK Assembles Pile Driver for Offshore Wind Projects in Asia

Singapore: MENCK Assembles Pile Driver for Offshore Wind Projects in Asia

China Crude Storage Flows Accelerate as Last of Cheap Oil Offloads

China Crude Storage Flows Accelerate as Last of Cheap Oil Offloads

Total Ships First Carbon-Neutral LNG Cargo to CNOOC

Total Ships First Carbon-Neutral LNG Cargo to CNOOC

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com