Australia News


MOL and JX to Develop Japan-Australia Cross Border CCS Value Chain

Feb 05, 2024

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon capture and storage (CCS) value chain between Japan and Australia, including CO2 marine transport…

Report: New Gas Supply Needed in All Australian Net Zero Pathways

Nov 26, 2023

Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned…

Australia LNG Workers Vote in Support for Chevron Deal

Oct 30, 2023

An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, the union said on Tuesday.Earlier this month, the union called off strikes originally planned at the U…

Woodside's Unions Settlement Costs at Australia LNG Project Moderate - CEO

Sep 05, 2023

Woodside Energy faces increased costs following negotiations with unions at its Australian liquefied natural gas (LNG) plant, but these will have a relatively modest impact on its overall business, CEO Meg O'Neill told Reuters on Tuesday.Last month…

Diamond Offshore's Ocean Apex Starts Drilling off Australia

Aug 21, 2023

Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…

INPEX Acquires Stake in Block Offshore Western Australia

Aug 21, 2023

INPEX has established a new company INPEX Cash Maple and acquired 74% of the participating interest held by PTTEP Australasia in the AC/RL7 block offshore from Western Australia.TotalEnergies Exploration Australia, a subsidiary of TotalEnergies…

Siem Offshore's AHTS Vessels Win Work in Australia

Jul 26, 2023

Norwegian offshore vessel operator Siem Offshore has secured a medium-term contract for two AHTS vessels.Siem Offshore said Tuesday that the contracts were for its 2010-built Siem Aquamarine and 2011-built Siem Amethyst AHTS vessels.The company did not say who the client was exactly…

Transocean Secures 16-Well Contract for Transocean Equinox Rig in Australia

Jun 29, 2023

Offshore drilling contractor Transocean has secured a 16-well contract for the Transocean Equinox semi-submersible drilling rig in Australia for a consortium of four operators. The 380-day campaign contributes approximately $184 million in backlog…

Australia Readies for Offshore Wind Industry in Southern Ocean

Jun 28, 2023

The Australian Government has opened consultation on a new offshore wind zone in the Southern Ocean.The 5,100 square kilometre area stretches from Warrnambool in Victoria to Port MacDonnell in South Australia. It includes Portland, which is…

Chevron, Exxon Seek State Backing for Australia CCS, Hydrogen Projects

May 17, 2023

Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage (CCS) and hydrogen projects as they look to increase investment in a bid to slash the intensity of carbon emissions…

Fugro to Conduct Geotechnical Site Survey for Australia's Star of the South Offshore Wind Project

Apr 28, 2023

Dutch offshore survey services firm Fugro has won a contract to conduct an offshore geotechnical site investigation for Australia's offshore wind project Star of the South (SOTS), located off the coast of Gippsland southeast of Australia.Partly…

Shell Australia Names New Chair

Mar 30, 2023

Cecile Wake will succeed Tony Nunan as Chair of Shell Australia effective May 22, 2023, Shell Australia said Thursday. Nunan, who led the Australian business for the past three years, will take up the newly created role of Chief of Staff and Corporate Relations…

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Mar 16, 2023

ASX-listed oil and gas company 3D Oil has completed the farmout of 80% interest and operatorship of VIC/P79 offshore block in Australia to ConocoPhillips, after the approval of the transfer of title documentation by the National Offshore Petroleum Titles Authority ('NOPTA')…

Australia Steps Up Its Renewable Energy Game with Proposed Offshore Wind Zone

Feb 24, 2023

The federal government of Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, a region of New South Wales, Australia.The government said that the proposed offshore wind area, which sits alongside the Hunter…

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