Offshore Australia/NZ News

 

Woodside to Hike Capital Spending as Its Advances Oil & Gas Projects in Australia, Senegal

Jan 20, 2022

Woodside Petroleum expects to hike its capital spending by about a third to $4 billion in 2022, as it advances oil and gas growth projects in Western Australia and Senegal as well as steps up efforts to start producing hydrogen.After booking record quarterly sales revenue on soaring LNG prices, Chief Executive Meg O'Neill said on Thursday the company was positioned for a big year aiming to seal a merger…

Carnarvon Energy Timor Sea Well Result 'Disappointing and Hugely Surprising'

20 hours ago

Australian oil and gas company Carnarvon Energy said Monday its closely watched Buffalo-10 well in Timor Sea had failed to unearth commercial volumes of oil.The company said that the wireline logging operations have been completed with the oil column deemed to be residual and uncommercial…

Australia: Santos Bullish on Prices after Reaping Record Revenue

Jan 21, 2022

Australian gas producer Santos Ltd booked record sales revenue for 2021, pumped up by soaring oil and gas prices, and expects to reap big gains following its $6.2 billion takeover of Oil Search amid a surging energy market.After approaching Oil Search with an offer in the middle of last year…

Chevron Orders $553M Offshore Facility from DSME for Australian Gas Project

Jan 13, 2022

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has said it has secured an order worth 656.1 billion KRW ($553,4 million) from Chevron to build an offshore facility for the Jansz-Io gas field development offshore Australia…

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

Jan 13, 2022

Australian offshore support vessel operator MMA Offshore has completed a subsea conversion program on the MMA Crystal vessel to support the Taiwanese offshore wind market.The new additions to the vessel feature subsea equipment including a work-class ROV…

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Jan 13, 2022

Australian oil and gas company Beach Energy has informed that gas production has started from the first two wells of its offshore Otway Basin campaign - Geographe 4 and 5.The wells have been connected to the Otway Gas Plant and are now delivering…

EnerMech Names Ford as APAC Regional Director

Jan 12, 2022

Energy industry services firm EnerMech has appointed Garry Ford as regional director for Asia Pacific.UK-based EnerMech said Ford would drive further business growth across the energy, industrial and infrastructure sectors and strengthen its existing oil and gas operations in the region…

Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia

Jan 11, 2022

Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…

McDermott Lands Scarborough Floating Production Unit Work

Jan 10, 2022

Offshore engineering and construction firm McDermott has secured a contract with the Australian oil and gas firm Woodside to deliver hull and topsides for the floating production unit to be installed at Woodside's Scarborough development offshore Australia…

Valaris Announces More Drilling Contracts

Jan 04, 2022

Offshore drilling contractor Valaris on Tuesday announced a new group of contracts for its rigs to be utilized in the U.S. Gulf of Mexico, U.K. North Sea and off the coast of Australia.Valaris said it secured a one-well contract with Kosmos Energy in the U…

Carnarvon Spuds Buffalo-10 Well

Dec 31, 2021

Carnarvon Energy announced drilling has commenced at the Buffalo-10 well in the Timor Sea as the Australian oil and gas company aims to confirm sufficient hydrocarbons to support an economic development at the shut in Buffalo field north of Australia…

Regulator Orders Shell to Keep Prelude FLNG Output Shut Until it Can Prove It Is Safe

Dec 24, 2021

Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational…

Jadestone Energy CFO to Resign

Dec 23, 2021

Jadestone Energy, an oil and gas production company focused on the Asia Pacific region said Thursday that its Chief Financial Officer (CFO)   Dan Young, had decided to leave the company.'After more than 20 years overseas, Mr Young intends to repatriate back to Australia for personal family reasons…

Western Gas' Environment Plan for Sasanof-1 Drilling Gets Regulator's Approval

Dec 23, 2021

Australian oil and gas company Western Gas has said that regulator NOPSEMA has accepted its Environment Plan to manage activities for the Sasanof-1 exploration well on the North West Shelf, Australia.Drilling is scheduled to start in March/April 2022 using the Valaris MS-1 semi-submersible rig…

Siem Offshore PSV Duo Wins Long-term Work in Australia

Dec 21, 2021

Norwegian offshore vessel operator Siem Offshore said Tuesday it had entered into a contract with an undisclosed 'long-term client' in Australia for two platform supply vessels.The contract is for the PSV's “Siem Pilot” and “Siem Thiima”. The…

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