Offshore Australia/NZ News - page 4


Kuwait, Saudi Arabia Make Oil Discovery in Neutral Zone

May 27, 2025

Kuwait and Saudi Arabia have made a new oil discovery in the Neutral Zone, which contains jointly operated oil fields between the two countries, Saudi state news agency (SPA) reported, citing a joint announcement.It is the first discovery since…

Terradepth Lands Long-Term Offshore Survey Contract in Asia Pacific

May 22, 2025

Terradepth, a provider of Ocean Data as a Service (ODaaS), has secured a five-year Master Services Agreement with a major offshore energy company in Asia Pacific region.Terradepth will deliver autonomous hydrographic survey and data services…

New Zealand to Financially Support New Offshore Gas Projects

May 22, 2025

New Zealand will co-invest in new gas fields in the country, the government announced in its budget on Thursday, as it looks to attract investments into the sector after lifting a ban on offshore oil and gas exploration.The government has set aside a contingency of NZ$200 million ($118…

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

May 14, 2025

Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards in China…

Woodside and BP Sign Gas Supply Deal for Louisiana LNG

Apr 30, 2025

Woodside has signed an agreement with BP for the supply natural gas to the Louisiana LNG project.The agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s…

Woodside Greenlights $17.5B Louisiana LNG Project in US

Apr 29, 2025

Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (Mtpa) Louisiana LNG project, targeting the first LNG in 2029.Development of Louisiana LNG will position Woodside as a global LNG powerhouse…

Woodside Assessing US Tariffs Impact on $1.2B Louisiana LNG Project

Apr 23, 2025

Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches towards a final go-ahead.Woodside acquired the project…

Pre-FEED Work Begins for CCS Project Off Australia

Apr 17, 2025

The Bonaparte CCS joint venture, involving Inpex Corporation, TotalEnergies and Woodside Energy, has started pre-fronte-end engineering design (pre-FEED) work to support the development of the Bonaparte carbon capture and storage (CCS) project offshore Australia…

Woodside Signs LNG Supply Deal with Germany’s Uniper

Apr 17, 2025

Australian gas producer Woodside Energy has signed LNG sale and purchase agreements with German-based Uniper for the supply of gas from its global portfolio.Under the agreement, Woodside will supply 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1…

Australian Oil Firm Makes Move to Acquire Share in Namibia’s Offshore Block

Apr 14, 2025

Australia-based oil exploration and production company Grand Gulf Energy has entered into a binding option agreement to acquire 100% of Wrangel, which is an applicant for a 70% working interest in a license at Walvis Basin, offshore Namibia…

DOF Gets Subsea Mooring Installation Job in Asia Pacific

Apr 09, 2025

Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services…

Macquarie Cancels Sale of Corio Generation Due to Lack of Interest

Apr 08, 2025

Macquarie has cancelled the sale of one of the world's largest offshore wind power developers, due to lack of interest, two people with knowledge of the process said, amid opposition against the renewable energy source by the Trump administration…

Woodside Sells Louisiana LNG Stake to Stonepeak for $5.7B

Apr 07, 2025

Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…

New Alliance Set Up to Boost Australia’s Subsea Sector

Apr 03, 2025

Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a memorandum of understanding (MoU) to work together to grow the subsea sector in both hemispheres.GUH, the trade and development body which represents the UK’s $11…

Valaris Rig Checks In at Jadestone Energy’s Montara Field Off Australia

Mar 31, 2025

Jadestone Energy, an Asia-Pacific focused oil and gas company, has informed that Valaris’ Valaris 247 jack-up rig has arrived on location at the Montara field offshore Australia for an upcoming drilling operation.Valaris 247 will drill the Skua-11 well side-track at the field…

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