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Inpex, Chevron Cutting Jobs in Australia

Sep 18, 2020

Inpex Corp said on Friday it expects to shed jobs at its Ichthys liquefied natural gas (LNG) project in Australia due to the slump in oil prices, but did not say how many would go.The cuts by Japan's biggest oil and gas company mark the latest…

Australia's Offshore Oil and Gas Industry Faces New Indigenous Heritage Test

Sep 07, 2020

A discovery of ancient artefacts on the seabed off Australia's west coast has opened up a new frontier for resource companies to watch out for in conserving indigenous heritage.Archaeologists in July reported they had found hundreds of stone…

Exxon Considering Global Job Cuts after Lay-Off Plan in Australia Revealed

Sep 02, 2020

Exxon Mobil Corp is assessing possible worldwide job cuts, a spokesman said on Wednesday, after the company announced a voluntary lay-off program in Australia.Exxon is the latest oil major to embark on axing jobs spurred by a historic collapse in fuel demand because of the coronavirus pandemic…

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Aug 11, 2020

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

Santos Completes Acquisition of ConocoPhillips' Australia Assets

May 28, 2020

U.S. oil company ConocoPhillips has completed the sale of its Australia-West assets and operations to Australia's Santos.The two companies in October 2019 struck a deal for Santos to acquire ConocoPhillips’ northern Australia business with operating interests in Darwin LNG…

Worley, Chevron Extend Service Contract in Australia

Mar 31, 2020

Australian energy services company Worley has secured an extension to an existing services contract with Chevron Australia.Under the contract, engineering and procurement services will be provided to support Chevron's Australian assets, including the Gorgon project…

ConocoPhillips to Acquire 80% Stake in 3D Oil's Offshore Block

Mar 26, 2020

ConocoPhillips Australia is nearing completion of the previously proposed acquisition of majority interest in the offshore Tasmanian Permit T/49P from 3D Oil.First announced in December 2019, the deal entailed ConocoPhillips acquiring a 75 percent stake…

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…

Shell Makes 'Significant' Gas Find Offshore Australia

Dec 23, 2019

Shell announced a 'significant' gas and condensate discovery in the Browse Basin off the northwest coast of Western Australia, unlocking potential to develop a tieback to Shell's mega Prelude floating liquefied natural gas (FLNG) facility.Drilling of the Bratwurst -1 exploration well…

OWC Opens Aussie Office

Nov 03, 2019

International engineering consultancy Offshore Wind Consultants (OWC) is setting up an office in Australia, as offshore wind plans in the country are moving forward.The International Energy Agency’s recently launched “Offshore Wind Outlook 2019” has identified more than 7…

Polarcus Awarded XArray Project In Australia

Oct 24, 2019

Offshore geophysical company Polarcus said it has revived an award for an XArray marine seismic acquisition project in Australia with an approximate duration of one month.The project will commence in the first quarter of 2020, immediately following…

Equinor Wins Exploration Permit off Australia

Oct 10, 2019

Norway's Equinor ASA said on Thursday it has been awarded a new exploration permit in shallow waters off Western Australia, close to the Dorado field, Australia's biggest oil find in more than two decades.Equinor, which will be 100% owner and operator of the permit…

Australia's Explorers Step Up Oil Hunt

Oct 01, 2019

Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low.A successful hunt for liquids could eventually beef up fuel security in Australia…

Bayu Undan Gas Contracts Updated

Sep 02, 2019

Liquefied natural gas producer ConocoPhillips announced new production sharing contracts with East Timor for the ageing Bayu Undan gas field on Saturday, following the implementation of a new maritime border with Australia.The gas condensate deposit in the Timor Sea…

Australia Ratifies Maritime Boundaries with East Timor

Jul 29, 2019

Australia passed a legislation that sets down maritime boundaries with East Timor on Monday, providing a framework for the two countries to split revenue from the offshore Greater Sunrise natural gas field.Both sides signed the historic treaty…

Current News

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Worley to Provide Engineering Support for Chevron's Onshore, Offshore Assets

Worley to Provide Engineering Support for Chevron's Onshore, Offshore Assets

China: Shanghai Electric's New Offshore Wind Turbine Rolls Off Production Line

China: Shanghai Electric's New Offshore Wind Turbine Rolls Off Production Line
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