Australasia
News
July 02, 2024
Wood will deliver a comprehensive concept study for the Greater Sunrise Development, considering engineering, technology, financing, commercial structures, fiscal, environmental, health & safety and socioeconomic drivers including local content.
News
June 30, 2024
Under the multi-year services frame agreement, Baker Hughes will provide spare parts and field service resources for onsite turbomachinery equipment maintenance and upgrades, equipment refurbishment and advanced digital asset performance services.
News
June 02, 2024
Mineral Resources Development Company Limited (“MRDC”) and Twinza Oil Limited (“Twinza”) have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% Participating Interest in the Pasca A Development Project. Additionally, the companies agreed to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.
News
May 30, 2024
The loan for the Scarborough project, which is scheduled to deliver its first LNG shipment in 2026, will come from the Japan Bank for International Cooperation. The public financial institution has stepped-up efforts to secure LNG, including granting loans for fuel purchases.
News
May 09, 2024
The government released a long-term framework, called the Future Gas Strategy, on Thursday to establish natural gas’s role in the transition to cleaner energy, as it looks to meet a target for net zero by 2050.
News
May 01, 2024
The SABER Tool, based on a concept originally designed by Shell, deploys a unique internally directed fluid pressure differential system for steering rather than using pads or pistons. B
News
April 11, 2024
Both Macedon and Pyrenees will remain within the Australian operations portfolio and focus on maintaining safety and production performance. Both assets help ensure energy security and reliability of natural gas supplies in Western Australia.
News
March 26, 2024
The SS-1H well in EP117 achieved an average 60-day initial production (IP60) flow rate of 3 MMcfd over the 1,644-foot (501 m), 10 stage stimulated length within the Amungee Member B-Shale, normalized to 6 MMcfd over 3,281-ft (1,000 m).
News
February 13, 2024
Investors have been looking for clues on Woodside’s next move after talks to create a A$86 billion ($56 billion) company with Santos ended. Santos’s portfolio would have made Woodside one of the biggest LNG producers in the Asia-Pacific, but executives warned any deal would need to reflect low premiums in recent oil and gas transactions.
News
February 07, 2024
Woodside Energy Group Ltd. and Santos Ltd. have ended tie-up talks that would have created an Australian gas export powerhouse, leaving the smaller Adelaide-based producer under pressure to consider asset sales and other options to boost its lagging valuation.
News
February 05, 2024
Australia’s oil and gas industry has called on the government to use the Federal Budget to urgently unlock new gas supply to avoid forecast shortages, put downward pressure on prices and secure the economic and emissions reduction benefits of the country's abundant natural gas resources.
News
January 26, 2024
The subsea infrastructure development project included engineering, procurement, construction and installation (EPCI) of umbilicals, risers and flowlines (URF), a subsea production system comprised of a new 7-inch (approximately 18 centimeters) vertical Christmas tree (VXT) system, all forming a subsea well gathering system (GS4) tied back to the existing Ichthys Explorer central processing facility.
News
January 24, 2024
Perth-based Woodside forecasts production of 185 MMboe to 195 MMboe in 2024, of which about 45% of output will be LNG.
