Australasia
News
September 26, 2019
Australia’s offshore petroleum regulator is due to decide by Nov. 14 whether to approve Equinor's plan to drill exploration wells in the Great Australian Bight. Environmentalists argue that it makes no sense to drill in the notoriously rough waters of a unique marine environment while fossil fuels are rapidly being eclipsed by renewable energy.
News
September 18, 2019
"We would expect interest to be strong from domestic players that wish to gain greater exposure to rising gas prices, of which there are a significant number," said Wood Mackenzie research director Angus Rodger.
News
September 03, 2019
After months of delays and new commitments by Total SA, Papua New Guinea will honor a gas deal with the French energy giant, clearing a major hurdle for a $13 billion plan to expand the nation’s fuel exports.
News
August 21, 2019
The Total SA-led liquefied natural gas joint venture in Papua New Guinea is seeking to finish a new round of negotiations with the government by the end of August, while insisting that the original agreement signed with the state in April is fair and equitable to both sides.
News
February 26, 2018
Exxon Mobil has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New Guinea after an earthquake struck the Pacific nation.
News
February 23, 2018
Two of the world’s biggest energy producers have abandoned the sale of some of Australia’s oldest oil fields after running a 20-month sales process.
News
February 20, 2018
Wood has been awarded the brownfield engineering services contract for the INPEX-operated Ichthys offshore facilities, located 220 km off the coast of Western Australia and onshore liquefied natural gas (LNG) processing facilities in Darwin, Northern Territory.
News
February 15, 2018
National Energy Resources Australia (NERA) is supporting the Transforming Australia Subsea Equipment Reliability (TASER) project, led by Wood and in collaboration with Chevron, Shell and Woodside, by providing AUD $145,000 of funding over two years.
News
February 14, 2018
Australia’s Woodside Petroleum finally got what it wanted from Exxon Mobil. And it only cost $744 million.
News
January 17, 2018
Commencing March 2018, Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia.
News
January 15, 2018
ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.
News
January 11, 2018
Beach Energy Ltd. has announced a new gas field discovery at Haselgrove-3 ST1 in the onshore Otway basin, in South Australia. Flow test results from the primary target Sawpit Sandstone indicate a high deliverability reservoir and provide encouragement to move towards commercialization of a large gas resource.
News
January 08, 2018
UTEC, a global survey company in subsea services group Acteon, has been awarded a contract by Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western Australia.
News
May 16, 2017
Chevron’s Gorgon liquefied natural gas plant shut a production train for about a month, at least the eighth outage since operations started 14 months ago.
News
May 15, 2017
Exxon Mobil Corporation has announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 mi (21 km) northwest of the Hides gas field.
News
May 15, 2017
Missing out on Australia’s natural gas export boom may be the best thing that happened to Arrow Energy Ltd.
News
May 15, 2017
Santos has announced further positive results from the Muruk-1 exploration well, being drilled in the Papua New Guinea Highlands.
News
May 05, 2017
Origin Energy Limited has announced it had increased to 70% its share in the Beetaloo JV, after acquiring Sasol Petroleum Australia Limited’s 35% share.
News
April 26, 2017
Engineering teams from UK-based subsea connector specialists Hydratight and Norwegian technologists Connector Subsea Solutions (CSS) have completed a major deepwater pipeline repair in Western Australia.
News
April 18, 2017
Australia’s competition regulator said the possible sale of natural gas intended for the country’s domestic market to overseas customers instead must be reviewed amid high wholesale prices at home.
News
April 17, 2017
The state of Queensland may expand the amount of land available for gas exploration to overcome looming gas shortages and high prices on the east coast of Australia.