Offshore Australia/NZ News - page 15


MMA Offshore Nets Long-Term Charter Extension with Woodside for AHT Duo

Sep 04, 2020

Australian offshore vessel operator MMA Offshore has secured vessel charter extensions with Woodside Energy.The contracts are for two of MMA Offshore vessels and will run until March 2022.'These extensions increase the Company’s contracted revenue…

Kato Energy Files Amulet Offshore Project Proposal

Sep 04, 2020

Australian oil and gas company Kato Energy has filed an offshore project proposal for the development of the Amulet field - and possibly the Talisman field - on the North West Shelf, offshore of mainland Western Australia (WA).The field, located 132 km north of Dampier…

With Dampier Spirit FSO Set to Leave Stag Field, Jadestone Turns to Tankers

Sep 03, 2020

Oil and gas firm Jadestone Energy has signed new offtake arrangements for its Stag offshore oil field in W. Australia as the FSO used to take oil off the Stag platform is set to retire.Jadestone’s Stag oilfield produces crude oil via a fixed leg…

Airborne Oil & Gas to Deliver TCP Jumpers for Julimar Field in Australia

Sep 02, 2020

Airborne Oil & Gas has received an order for the delivery of two Thermoplastic Composite Pipe (TCP) Jumpers, in what the company says is the first time its TCP technology is being used in the region.The Dutch company has been contracted by Subsea 7 to supply 2” 10…

Exxon Considering Global Job Cuts after Lay-Off Plan in Australia Revealed

Sep 02, 2020

Exxon Mobil Corp is assessing possible worldwide job cuts, a spokesman said on Wednesday, after the company announced a voluntary lay-off program in Australia.Exxon is the latest oil major to embark on axing jobs spurred by a historic collapse in fuel demand because of the coronavirus pandemic…

Three Firms in Dorado FPSO FEED Contract Race

Aug 21, 2020

Three FPSO specialists are competing for Santos' Dorado FPSO front end engineering design contract, set to be awarded later this year.This is according to Carnarvon, Santos' partner in the Dorado field discovered offshore W. Australia in 2018…

Santos Cautious on Pandemic Recovery, Hangs On to Cash

Aug 20, 2020

Australia's No. 2 independent gas producer Santos Ltd paid out a weaker than expected half-year dividend amid uncertainty over a recovery from the coronavirus pandemic, as the oil market slump halved its first-half underlying profit.Disappointed investors sent its shares down more than 5%…

BHP to Sell Stake in Exxon-led Bass Strait Joint Venture

Aug 18, 2020

BHP Group said on Tuesday it plans to sell its 50% stake in the Australian Bass Strait oil and gas venture as it seeks to focus on its higher-value petroleum assets.The Bass Strait joint venture is co-owned and operated by Exxon Mobil Corp, which has also put its 50% stake up for sale…

Australia's North West Shelf LNG: Key Terms Agreed for Third-party Gas Processing

Aug 17, 2020

Australia's North West Shelf LNG venture has agreed key terms for processing third-party gas from the Pluto and Waitsia gas projects, operator Woodside Petroleum said on Monday.Gas from Woodside's Pluto project could start going into the North…

Beach Energy, Diamond Offshore Settle Dispute over Ocean Onyx Rig Deal. Sign New Contract

Aug 17, 2020

Australian oil company Beach Energy has signed a new contract with drilling company Diamond Offshore for the use of the Ocean Onyx semi-submersible drilling rig.The news comes after Beach in April terminated the previously signed contract for the rig…

Woodside Blocks Lukoil from Joining $4.2B Sangomar Project Off Senegal

Aug 17, 2020

Australian oil and gas company Woodside has blocked Cairn's stake sale in the $4.2B Sangomar development off Senegal to Russia's Lukoil, by exercising its pre-emption rights.To remind, Lukoil in July signed an agreement with Cairn Energy to acquire a 40% interest in the Rufisque…

Fugro Charters CSV Southern Ocean for Work in Australia

Aug 14, 2020

Dutch offshore geotechnical services company Fugro has chartered the construction support vessel Southern Ocean for work offshore Australia.CSV Southern Ocean is jointly owned by Bourbon and Oceanteam. Works under the contract with Fugro are scheduled to start in Q4 2020…

Woodside Says It's on the Lookout for Acquisitions

Aug 12, 2020

Australia's Woodside Petroleum is looking for acquisitions, ideally close to its existing assets or offering it control over assets that are already producing or close to producing, its boss said on Thursday.'We're clearly scanning the landscape very closely looking for opportunities…

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Aug 11, 2020

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

DOF Subsea Wins 'Key Award' with Chevron in Australia

Aug 07, 2020

Oslo-listed subsea services and vessels company DOF Subsea has been awarded an IMR Services contract with Chevron in Australia. It has also won a moorings replacement deal in Southeast Asia.DOF Subsea will support Chevron's North-West Shelf and near-shore subsea assets in Australia with DP Vessels…

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