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Australia & New Zealand News - page 24

 

Cooper's Sole Offshore Gas Field to Go Online by February End

Feb 18, 2020

Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…

Where Next for Exploration in Asia Pacific?

Feb 18, 2020

The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…

Woodside Pushes Back Browse FID Again

Feb 14, 2020

Australian oil and gas giant Woodside has delayed the long-expected Final Investment Decision for the massive Browse gas development off W. Australia again. The offshore area comprising the Brecknock, Calliance, and Torosa fields - the Browse resource - sits in the offshore Browse Basin…

Australia: PGS' North Carnarvon Basin Data In

Feb 14, 2020

Norwegian seismic player has made available final data of its PGS Mawson MultiClient 3D seismic survey covering the prospective North Carnarvon Basin of Australia.'The Mawson 3D survey applied a modern, triple-source GeoStreamer 3D survey design…

Woodside: Weak LNG Prices, Coronavirus Slowing Projects

Feb 13, 2020

Australia's Woodside Petroleum Ltd warned on Thursday the coronavirus outbreak is hampering its efforts to seal gas deals and sell stakes in a key growth project, as it reported a 25% drop in annual underlying profit. The profit fall was in…

Cooper Energy Sells More Casino Henry Gas to O-I

Feb 10, 2020

ASX-listed Cooper Energy has signed a new gas supply agreement with O-I, an industrial gas user and Australia’s largest manufacturer of glass container products.The gas is to be supplied from Cooper's equity share of production from its Casino Henry operations offshore Victoria…

Prelude FLNG Shut Down

Feb 05, 2020

Royal Dutch Shell said on Tuesday it has temporarily suspended production at its Prelude floating liquefied natural gas (LNG) facility off northwest Australia following an electrical trip on Feb. 2.Work is underway to restore full operations…

Worley CEO to Step Down. Replacement Named

Feb 03, 2020

Australia-based oilfield services and engineering company Worley has named a new CEO after Andrew Wood decided to retire after 26 years with the company, seven as CEO.He will be replaced by Chris Ashton, who has been with Worley since 1998, most recently serving as the Chief Operating Officer…

Bumi Armada Might Appeal Woodside FPSO Case Ruling

Jan 28, 2020

Malaysian FPSO supplier Bumi Armada might appeal a recent ruling by an Australia court in an FPSO contract termination case against the Australian oil company Woodside.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…

OMV Hires Solstad PSV for New Zealand Campaign

Jan 28, 2020

Norwegian offshore shipping company Solstad Offshore has signed a contract with OMV Taranaki Ltd for the provision of a Platform Supply Vessel for the oil company's operations in New Zealand.The platform supply vessel Normand Tortuga will support…

Permanent Deals for Monadelphous' Ichthys Workers

Jan 24, 2020

Australian unions have negotiated permanent contracts for 70 percent of their members working for Monadelphous aboard Inpex facilities.'The Offshore Alliance and [Electrical Trades Union] negotiated Monadelphous INPEX facilities EBA [Enterprise…

New Contracts for DOF in Australia

Jan 22, 2020

Norwegian offshore support vessel owner DOF Subsea has said it has won several-contract awards in the Asia Pacific region.'DOF Subsea is pleased to announce several contract-awards in the APAC region, securing further vessel and resource utilization in Q1 and the first part of Q2 2020…

Record Production for Santos

Jan 22, 2020

Santos Ltd posted record annual production on Wednesday, benefiting from higher gas output at its Western Australia assets.Australia's second-biggest independent gas producer acquired Quadrant Energy in late 2018 for more than $2 billion, boosting…

Geoscience Packages Reveal APAC Prospectivity

Dec 12, 2019

French-based geophysical services company CGG reports it has completed JumpStart multi-client geoscience packages for the North West Shelf (NWS) of Australia and the Banda Arc in the Asia-Pacific region, and made both packages available to help…

Santos Lifts 2025 Production Forecast

Dec 03, 2019

Santos Ltd on Tuesday increased its forecast for 2025 production by 20% underpinned by oil and gas projects it plans to develop in Australia and Papua New Guinea.The company plans to produce 120 million barrels of oil equivalent (mmboe) a year by 2025…

Current News

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Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

Russia to Replace Sakhalin-2 Project Operator with New Firm

Russia to Replace Sakhalin-2 Project Operator with New Firm

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

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

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Offshore Helicopters: Bristow in Long-term Maintenance Support Deals for AW139 Fleet

Offshore Helicopters: Bristow in Long-term Maintenance Support Deals for AW139 Fleet

China Moves to Buy More Russian Oil, but Will it Help or Hinder?

China Moves to Buy More Russian Oil, but Will it Help or Hinder?
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