Offshore Australia/NZ News - page 24


Australia's LNG Exporters Have a No-win Domestic Dilemma: Russell

Nov 22, 2022

Australia's liquefied natural gas exporters have a problem at home, where industrial and domestic consumers are making strident demands for them to accept a price cap, higher taxes, guaranteed volumes or some combination of all of these.The…

Woodside CEO O'Neill Becomes APPEA Chair

Nov 17, 2022

The Australian Petroleum Production & Exploration Association (APPEA) has appointed Woodside's CEO of Meg O’Neill as Chair, and Beach Energy's CEO Morné Engelbrecht as Vice-Chair following APPEA’s annual general meeting in Perth on Wednesday…

Australian Offshore Oil & Gas Safety Regulator Gets New CEO

Nov 10, 2022

Sue McCarrey has been appointed Chief Executive Officer (CEO) of Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for a three-year term from February 2023.To join NOPSEMA, McCarrey will leave her…

Chevron, Japan's MOL to Study CO2 Transportation from Singapore to Subsea Storage in Australia

Nov 10, 2022

Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Chevron New Energies International Pte…

Australia Poised for Offshore Wind Boom, But Marine Life Risks Remain Poorly Regulated

Nov 09, 2022

The strong winds blowing over Australia’s rugged coastlines will soon power many of [Australia's] homes, as offshore wind farms are poised to begin construction. But a new research highlights the need to ensure any potential risks to marine life is properly mitigated…

Consortium Wants to Build 900MW Offshore Wind Farm in South Taranaki, New Zealand

Nov 04, 2022

A consortium created in 2021 wants to build an offshore wind farm 22 kilometers off the coast of South Taranaki, New Zealand.The consortium, comprising BlueFloat Energy, Energy Estate and Elemental Group, says this is the first of its four offshore…

Jadestone Buys BP's Stake in Cossack, Wanaea, Lambert, and Hermes Oil Fields Off Australia

Nov 01, 2022

Asia Pacific-focused oil and gas company Jadestone Energy has completed the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development offshore Australia from BP.The fields are part of the North West Shelf Oil Project…

Time to Move On: Jadestone, OMV 'Reluctantly' Scrap New Zealand Oilfield Deal Citing Regulatory Uncertainty

Oct 27, 2022

Oil and gas companies Jadestone Energy and OMV New Zealand have 'reluctantly' agreed to terminate the sale and purchase agreement to acquire an operated 69% interest in the Maari Project, offshore New Zealand, citing regulatory uncertainty.Singapore…

DOF Subsea Convicted of Breaching Health & Safety Duties During Diving Ops Offshore Australia

Oct 25, 2022

Subsea services firm DOF Subsea Australia was on Tuesday convicted of three counts of negligently breaching its health and safety requirements as an employer during saturation diving operations at an offshore field in Australia in 2017.According to Australia's offshore oil and gas safety regulator…

Woodside Lifts Output Forecast as Revenue Soars

Oct 20, 2022

Woodside Energy Group Ltd raised its annual production outlook on Thursday after posting record revenue as it benefited from firmer energy prices and its merger with BHP Group's petroleum assets, sending its shares soaring.The company became…

Santos Posts Record Revenue as LNG Prices, Volumes Soar

Oct 20, 2022

Australia's Santos Ltd said on Thursday its third-quarter revenue jumped over 88% to a record high on higher sales volumes and as a global energy crunch boosted liquefied natural gas (LNG) prices.The Adelaide-based company has benefited from…

Australia Promises Billions for Renewable Projects to 'Rewire' Power Grid

Oct 19, 2022

Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements…

Australia Appoints Special Envoy for East Timor Offshore Gas Project

Oct 18, 2022

Australia on Tuesday appointed former Victoria state premier Steve Bracks as its special representative for the Greater Sunrise gas project in East Timor as both countries look to break a stalemate over how to develop the gas fields.Australia…

MMA Offshore to Support Beach Energy Operations in Bass Strait, Australia

Oct 10, 2022

Australian offshore vessel owner MMA Offshore has secured a vessel contract with the oil and gas company Beach Energy.The MMA Coral will provide vessel support to Beach Energy’s two production platforms located in the Bass Strait, offshore Australia…

EIG's MidOcean Energy to Buy Tokyo Gas’ Interests in Gorgon, Pluto, Ichthys, Queensland Curtis LNG Projects

Oct 07, 2022

EIG-backed LNG company MidOcean Energy has agreed to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects, Gorgon LNG, Ichthys LNG, Pluto LNG, and Queensland Curtis LNG for $2.15 billion in cash. 'These integrated…

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