Offshore Australia/NZ News - page 44


Woodside Makes FID for Pyxis Hub Project

Oct 18, 2019

Woodside said it has made a final investment decision (FID) for the Pyxis Hub project offshore North West Australia.The Australian energy company revealed in its third quarter earnings report that the FID was taken for the project in August 2019…

Polarcus Announces XArray Project in Australia

Oct 17, 2019

Polarcus said it has secured high industry prefunding for a multi-client project in Australia with an approximate duration of one month.The project will commence in the first quarter of 2020 immediately following completion of another XArray project in the region…

Santos Posts Record High Output

Oct 17, 2019

Australia's number two independent gas producer Santos Ltd on Thursday said third-quarter production and sales volumes peaked to record levels, benefiting from higher output from its Western Australia assets.Revenue of $1.03 billion was the second highest quarterly sales on record…

Woodside Targets Scarborough FID in Early 2020

Oct 17, 2019

Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project as it races to fill an anticipated global supply gap.Woodside…

Santos Acquires ConocoPhillips’ Northern Australia Interests

Oct 14, 2019

Santos announced it has acquired ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa.Matt Fox…

Airswift Eyes APAC Growth

Oct 10, 2019

Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, announced two senior hires to build upon recent successes in the Asia Pacific (APAC) region. Fueled by the region’s energy and infrastructure markets…

Equinor Wins Exploration Permit off Australia

Oct 10, 2019

Norway's Equinor ASA said on Thursday it has been awarded a new exploration permit in shallow waters off Western Australia, close to the Dorado field, Australia's biggest oil find in more than two decades.Equinor, which will be 100% owner and operator of the permit…

Australia's Explorers Step Up Oil Hunt

Oct 01, 2019

Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low.A successful hunt for liquids could eventually beef up fuel security in Australia…

Polarcus Gets Prefunding for Australia Survey

Oct 01, 2019

Polarcus said it has secured high industry prefunding for a multi-client XArray project in Australia.The project will commence in the fourth quarter of 2019 with an approximate duration of two months.

Barossa FID Expected in Early 2020

Sep 27, 2019

Santos, a partner in the Barossa offshore gas and light condensate development offshore Australia, said the project is moving toward a final investment decision (FID) early next year following operator ConocoPhillips awarding the gas export pipeline contract to Dutch contractor Allseas…

Santos, BP Win Western Australia Acreage

Sep 27, 2019

Santos said it has been awarded new acreage offshore Western Australia, in a 50-50 joint venture with BP.Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin…

Montara Umbilical Cables Replaced

Sep 26, 2019

Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…

Australia Reviewing Equinor Environmental Plan

Sep 20, 2019

Australian authorities say they have resumed assessing the environmental plan for Equinor's proposed exploration drilling activity in the Great Australian Bight after the Norwegian energy company provided additional information requested as part of the review…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

ExxonMobil Looks to Sell Australian Assets

Sep 18, 2019

Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.The sale could fetch up to $3 billion…

Current News

Hess Sets Date for Shareholder Vote on Chevron Merger

US Releases Offshore Wind Liftoff Report and Promises Funding

US Interior Department Finalizes Offshore Renewable Energy Rule

US Plans 12 Offshore Wind Auctions Over Five Years

Subscribe for OE Digital E‑News