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Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Jan 24, 2023

Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice, published on Tuesday by Australia's offshore regulator, comes on top of a court order in December which requires Santos to consult indigenous people on the Tiwi Islands for the project's drilling environmental plan…

Wintershall Dea Exits Russia

Jan 18, 2023

BASF will take a 7.3 billion euro ($7.9 billion) writedown as its Wintershall Dea energy business pulls out of Russia, the German chemicals giant said, triggering a net loss for 2022 and sending its shares lower. Wintershall Dea has deep ties to Russia…

Natural Gas Exports from Indonesia to Vietnam Targeted for 2026

Dec 23, 2022

Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…

Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants

Dec 20, 2022

Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…

Malaysia: Fire Breaks Out at Sabah-Sarawak Gas Pipeline. One Fatality Reported

Nov 16, 2022

Malaysian oil and gas giant Petronas has confirmed reports that a fire broke out at the Sabah-Sarawak Gas Pipeline near Lawas, Sarawak, Malaysia. According to Malaymail.com a man was killed and two others injured in the pipeline explosion.Petronas…

Indonesia: Conrad Aims to Bring Mako Offshore Gas Field Online in 2025 as Revised POD Approved

Nov 09, 2022

Conrad Asia Energy Ltd said Monday that it had received written approval from the Indonesian Minister of Energy and Mineral Resources for the Plan of Development (POD) Revision for the Mako offshore gas field, dubbed 'currently the largest undeveloped gas field in South Natuna Sea…

Australia Promises Billions for Renewable Projects to 'Rewire' Power Grid

Oct 19, 2022

Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements…

QatarEnergy to Be the Largest LNG Trader Over Next 5-10 years - Minister

Oct 05, 2022

QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…

ADNOC Eyes Higher Gas Output with $548M Lower Zakum Subsea Pipeline Deal

Sep 13, 2022

Abu Dhabi National Oil Company (ADNOC) earlier this month announced a $548 million contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. ADNOC said the award would increase Lower Zakum field’s gas production capacity…

Carbon Capture & Storage: Santos Reaches FID on Darwin Pipeline Duplication Project

Aug 29, 2022

Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…

Asia LNG Price Hits Record High Ahead of Nord Stream Pipeline Outage

Aug 29, 2022

Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Aug 16, 2022

Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…

Petrobras Awards $130M Charter Extension for Sapura Esmeralda PLSV

Aug 10, 2022

Malaysia's Sapura Energy has, through a joint venture company, secured a charter extension with Brazil's Petrobras for the pipelaying support vessel (“PLSV”) Sapura Esmeralda. The contract is worth around RM580 million (around $130 million)…

Emergency Response Plans: Strohm's TCP Flowlines for Woodside's Scarborough Offshore Gas Field

Aug 09, 2022

Strohm, the developer of Thermoplastic Composite Pipes (TCP) for offshore energy applications, has won a contract to manufacture and deliver two TCP flowlines for Australia-based Woodside Energy's giant Scarborough offshore gas project. The…

Asia Spot LNG Prices Rise on Uncertainty over Nord Stream, Japan Supplies

Jul 08, 2022

Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…

Current News

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Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

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NYK's First Domestic CTV Named "Rera As"

NYK's First Domestic CTV Named "Rera As"

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Chevron Suspends Production at Thai Oil Field after Fatal Accident

Malaysia: Petra Energy Wins Work for Accommodation Workboat

Malaysia: Petra Energy Wins Work for Accommodation Workboat

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship
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