LogIn LogOut

Australia & New Zealand News

 

Danish Firm Wants to Build 3GW Offshore Wind Farm in Australia

Aug 12, 2022

Denmark-based renewables company Copenhagen Energy has released details of a proposed offshore wind farm in Commonwealth and State waters north of Geraldton in Western Australia.The Midwest Offshore Wind Farm will comprise up to 200 turbines and six substations delivering 3GW of renewable electricity, enough to power three million homes and businesses, for up to 50 years. Based on the planned capacity…

Beach Energy Results Disappoint. Hunt on for M&A in Australia, NZ

12 hours ago

Beach Energy Ltd is shoring up its war chest for acquisitions in Australia and New Zealand, Chief Executive Officer Morne Engelbrecht said on Monday, after reporting a weaker-than-expected annual profit and production outlook.Shares in gas and oil producer Beach…

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Aug 12, 2022

Asia Pacific-focused oil and gas company Jadestone has decided to shut production from its Montara field FPSO in the Timor Sea, off Australia, to allow for repairs on a tank that leaked oil back in June through a 30-millimeter crack.While the…

Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker

Aug 12, 2022

Germany's Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia's Woodside or U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.The strategy reflects efforts by companies and…

Australian States Press for Gas Exporters to Boost Local Supply

Aug 12, 2022

Australian state energy ministers said on Friday local gas production should be prioritized for the domestic market to ensure there is no shortfall, as forecast for 2023 and 2024, raising pressure on exporters to boost local supply.Comments from the ministers from the two most populous states…

INPEX Files $970M Claim Against DSME for Ichthys Venturer FPSO Work

Aug 10, 2022

Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

Aug 08, 2022

Reach Subsea's subsidiary OCTIO has won a multi-year geophysical monitoring frame contract with an undisclosed operator offshore Australia.OCTIO will deploy its gWatch service to deliver gravimetry and seabed subsidence measurements.'This is…

Price is the Elephant in Australia's LNG, Domestic Gas Conundrum

Aug 02, 2022

Australia's threat to curb exports of liquefied natural gas (LNG) in order to ensure domestic supplies is another unwelcome pressure on a tight global market for the super-chilled fuel.But it's not an immediate threat, and it may also not materialize at all…

Woodside Clarifies Oil and Gas Output Outlook after Share Price Drop

Jul 22, 2022

Woodside Energy Group on Friday said a cut in its production outlook, which had rattled investors on Thursday, was due to a change in conversion factors and did not reflect any change in physical product volumes.Woodside's shares fell 4% on Thursday after it said its full year output…

Inpex, Australia's Northern Territory Gov't Sign Net-Zero Agreement

Jul 21, 2022

Japanese oil and gas company Inpex said Friday it had signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, where the Ichthys LNG Project’s onshore gas liquefaction plant is located…

PGS Wins Seismic Survey Contracts in Indonesia and Australia

Jul 21, 2022

Norwegian marine seismic survey contractor PGS said Thursday it had won a significant 3D exploration acquisition contract offshore Indonesia with a major energy company. Also, PGS said it had secured a major 4D acquisition contract offshore Australia with an international energy company…

Valaris' Semi-Sub Reaches Santos' Barossa Gas Field

Jul 20, 2022

Offshore drilling firm Valaris said Tuesday that its Valaris MS-1 semi-submersible drilling rig had reached Santos' Barossa gas field offshore Australia.'On July 16, the VALARIS MS-1 completed the tow from Dampier to the Barossa Field offshore…

Workers on Shell's Prelude FLNG Extend Industrial Action Over Pay Fight

Jul 20, 2022

Workers at Shell Plc's Prelude floating liquefied natural gas (FLNG) facility off northwestern Australia have extended industrial action to Aug. 4 over a prolonged pay fight, the Offshore Alliance said on Wednesday.Shell last week began shutting down the 3…

MMA Offshore's PSV to Provide Drilling Support Services for OMV in New Zealand

Jul 12, 2022

Oil and gas company OMV has awarded a charter contract to Australia's MMA Offshore for the MMA Leeuwin platform supply vessel.MMA Offshore will deploy the platform supply vessel to provide drilling support services for OMV in the Taranaki Basin…

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Jun 30, 2022

A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art…

Current News

US Says India Hid Russian Origin of Fuel Shipped to US

US Says India Hid Russian Origin of Fuel Shipped to US

Saudi Aramco Profit Soars

Saudi Aramco Profit Soars

Beach Energy Results Disappoint. Hunt on for M&A in Australia, NZ

Beach Energy Results Disappoint. Hunt on for M&A in Australia, NZ

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

ADNOC L&S Wins $1.17B Contract for 13 Jack-up Barges

ADNOC L&S Wins $1.17B Contract for 13 Jack-up Barges

Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker

Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker

Indonesians Must Prepare for a Potential Fuel Price Hike, Minister Says

Indonesians Must Prepare for a Potential Fuel Price Hike, Minister Says
photo

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