Australia News

 

Woodside approves Greater Western Flank off Australia

Dec 11, 2015

North West Shelf (NWS) operator Woodside Petroleum said project participants have approved the Greater Western Flank Phase 2 (GWF-2) development off the northwest coast of Australia. GWF-2 will develop 1.6 Tcf of raw gas from the combined Keast…

Chevron to pay millions in Auz taxes

Oct 23, 2015

In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…

CO2 storage site hunting offshore Auz

Mar 19, 2015

The Duke, owned and operated by the Gardline CGG joint venture, has been selected by Geoscience Australia to acquire the Gippsland 2D Infill marine seismic survey offshore Victoria, Australia. Preparation for the project is underway and the expected start date is on 6 April 2015…

Hess, NWS sign Australia LOI

Dec 22, 2014

Hess’s Australian subsidiary, Hess Exploration Australia Pty Ltd. and the North West Shelf (NWS) signed a non-binding letter of intent (LOI) for Hess to develop its natural gas discoveries in its deepwater permits offshore northwestern Australia…

Wood Group PSN wins Woodside work

Sep 09, 2014

Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group's maintenance and brownfield project portfolio in Australia. The scope of work includes the engineering, procurement and construction…

Australia awards 9 offshore exploration permits

Jun 05, 2014

Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…

Shell exits Wheatstone project

Jan 20, 2014

Shell agreed to sell its stakes in the Chevron-led Wheatstone-Iago joint venture and the Wheatstone LNG project off Western Australia.  The company sold its 8% equity interest in the Wheatstone-Iago JV and its 6.4% interest in the Wheatstone…

Fugro’s AG to join its geoconsultancy practice

Jan 16, 2014

Fugro’s wholly-acquired Advanced Geomechanics Pty Ltd. (AG) will become part of its global geoconsultancy practice.The nearly 20-year-old, Perth- based AG provides geotechnical and geophysical engineering and consulting services, and partnered with companies including Woodside…

Eni begins Timor Sea campaign

Oct 24, 2013

Eni successfully completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, approximately 300km northwest of Darwin…

Chevron acquires new acreage offshore Australia

Oct 23, 2013

California-based Chevron Corp. today announced its Australian subsidiary has acquired exploration interests in two offshore blocks located in the deepwater frontier Bight basin. Blocks S12-2 and S12-3, which span more than 8 million acres (32…

Eni Australia announces Timor Sea plans

Sep 13, 2013

Ernie Delfoes, managing director of Eni’s Australian division, announced that the company plans to spend up to US$230 million drilling in the Timor Sea over the next 18 months. On April 13, Eni was awarded an exploration production sharing contract in the Timor Sea…

Woodside backs FLNG for Browse

Aug 20, 2013

Australia's Woodside Petroleum announced that it will recommend using Shell's floating LNG (FLNG) technology to develop and commercialize the Browse gas fields. Selecting FLNG as the development concept requires the approval from the…

Australia’s DMP announces new lease sale off Western Australia state

Jul 10, 2013

Australian bid round Australia’s Department of Mines and Petroleum (DMP) announced a new lease sale off Western Australia state. Six licenses, four onshore and two offshore, are being placed on the auction block. The offshore areas are…

Natural gas lifts Australian reserves

Feb 01, 2013

As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…

Perth on parade

Mar 02, 2010

With Gorgon, Pluto and other major LNG developments creating boomtown conditions in the Western Australian capital of Perth, this month’s Australasian Oil & Gas show looks to be in the right place at the right time.Perth is certainly the place to be for Australian and other offshore operators…

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