Offshore Australia/NZ News - page 13


BW Offshore, New Zealand Gov't Reach Umuroa FPSO Settlement

Nov 20, 2020

FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…

Inpex Adds More Work for Solstad AHTS Duo at Ichthys Field

Nov 20, 2020

Norwegian offshore vessel operator Solstad Offshore said Friday that oil and gas company Inpex had extended charters for two of its anchor handlers in Australia.Japan's Inpex had in October 2019 awarded three-year contracts for two Solstad Offshore…

Pandemic Wiped 28,000 Oil & Gas Jobs in Australia, Rystad Says

Nov 18, 2020

The coronavirus pandemic has wiped 28,000 thousand oil and gas jobs in Australia this year, a quarter of the country's total oil and gas jobs count, Rystad Energy, a Norwegian energy market analytics company has found. 'Some of these jobs will be restored from 2021 onwards…

Expro Bags 5-Year Well Intervention Contract with Chevron in Australia

Nov 16, 2020

Oilfield services company Expro has said it has secured 'a major contract' for its subsea riserless well intervention (RWI) solution with Chevron in Australia.Under the five-year contract of an undisclosed value, Expro's Australian subsidiary…

Carnegie, Oceantera to Collaborate on Wave Energy Projects

Nov 13, 2020

Wave energy technology developer Carnegie Clean Energy has signed a memorandum of understanding with Oceantera, to share knowledge and expertise on wave energy development.Carnegie and Oceantera - which is a joint venture between UK's Aquatera…

Woodside Stops Talks to Sell Offshore Project Stake to Chinese Firms over Diplomatic Row

Nov 12, 2020

Woodside Energy shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese companies a few months ago because of a growing diplomatic row between Australia and China, the company's chief said on Thursday.Chief…

Woodside Targets Infrastructure Asset Sales to Raise Funds for Scarborough

Nov 11, 2020

Australia's Woodside [Energy] has changed tack on plans to sell assets to help fund its $11 billion Scarborough gas project, now targeting infrastructure investors instead of energy companies amid a slump in oil and gas prices.Woodside said…

McDermott Bags Booster Compression Module FEED for Ichthys Platform

Nov 10, 2020

Offshore engineering and construction firm McDermott has won a contract to provide front end engineering and design (FEED) services for the INPEX-operated Ichthys Liquified Natural Gas Field Development, off Australia.The contract is for a booster compression module FEED with optional engineering…

Australia: Beach Energy Strikes Gas at Otway Basin Well

Nov 10, 2020

Australian oil and gas company Beach Energy has made a gas discovery at Enterprise 1 well in license VIC/P42(V) in the nearshore Victorian Otway Basin, Australia.The Enterprise 1 was spud from an onshore location, 3.5 km from Port Campbell and 8 km from the Otway Gas Plant…

Woodside, BHP Get Scarborough Production Licenses Offers

Nov 09, 2020

Australian oil and gas company Woodside has informed that the company and BHP, partners in the Scarborough offshore gas field in Australia, have received offers for the grant of petroleum production licenses for the blocks containing the gas field…

Australia's Santos Secures $750M Loan

Nov 05, 2020

Australian oil and gas company Santos has executed documentation to enter into a new US$750 million syndicated bank loan, to refinance existing debt facility established for the acquisition of ConocoPhillips’ northern Australian and Timor-Leste assets…

Australia: Santos Strikes Gas Sales Deal with Kleenheat

Nov 04, 2020

Australian oil and gas company Santos gas signed a new gas sales agreement to supply natural gas to Western Australian energy solutions provider, Kleenheat.Kleenheat is part of Wesfarmers Chemical, Energy and Fertilisers (WesCEF), a group of businesses that will also utilize the gas…

BP Spuds Ironbark-1 Well Offshore Australia

Nov 02, 2020

BP has started drilling at the Ironbark-1 exploration well in the WA-359-P in the Carnarvon Basin, offshore Western Australia.According to Cue Energy, a partner in the project, the drilling started at 07:30hrs (AWST) on 31 October 2020. BP is…

Triangle Energy Starts Work to Bring Two Offshore Wells Back Online

Oct 27, 2020

Australian oil and gas company Triangle Energy has started works to bring back online two wells at the Cliff head offshore field in the Perth Basin, Australia.The two wells, CH-6 and CH-7, were shut in June. CH-6 was shut due to a pump failure…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

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