Valaris has added about $220 million to its contract backlog through new offshore drilling contracts and extensions since its previous fleet update in August, including work in Suriname, Australia and the North Sea.The offshore driller secured a two-well exploration contract with PETRONAS Suriname Exploration & Production for drillship VALARIS DS-18, following a previously announced Letter of Award…
Inpex has agreed to acquire Jera's 0.735% participating interest in Australia's Ichthys LNG project, increasing its subsidiaries' combined stake in the development to 68.555% from 67.82%.The acquisition covers Jera's interest in blocks WA-50-L and WA-51-L…
Santos has agreed key commercial terms for a 10-year LNG supply deal with POSCO Steel and separately signed a non-binding agreement to buy about 1 million tonnes per annum of LNG from Canada's proposed Ksi Lisims project for up to 20 years.Under the proposed POSCO agreement…
Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's…
The government of Australia's Victoria state has opened a bidding process for its first 2 GW of offshore wind capacity, marking the launch of the country's first offshore wind auction.Energy and Resources Minister Jaclyn Symes opened the Request for Proposal process on August 26…
Australia’s Department of Industry, Science and Resources has engaged Zenith Energy Australia to conduct planning, engineering and regulatory activities to plug and abandon the Laminaria and Corallina wells in the Timor Sea.Phase 2 focuses on…
Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector…
Sunda Energy has submitted an application for a new petroleum exploration permit covering an offshore area of New Zealand's Taranaki Basin as the company expands its focus on gas opportunities in the country.The proposed permit covers approximately…
Chevron Australia has signed a long-term sale and purchase agreement with Alinta Energy to supply 46 petajoules of natural gas from its Western Australian portfolio over five years.Supply will begin in July 2027 and will come from Chevron's…
Woodside Energy said on Friday it had exercised its pre-emptive right to acquire PetroChina's 10.67% stake in the Browse gas fields off the coast of Western Australia, blocking a deal agreed with Japan's INPEX.Under the terms of the transaction…
Western Australian premier Roger Cook said on Wednesday he had been 'assured' by federal Resources Minister Madeleine King that a new government policy of reserving 20% of gas output for domestic use would not harm his state's large LNG industry…
NOPSEMA has released Australia’s Offshore Energy Industry Performance Report 2025, providing an overview of offshore energy activity and performance across Australia’s regulated jurisdictions.The report draws on regulatory data, inspection and assessment findings…
Amplitude Energy has signed a binding agreement to purchase a 50% interest in VIC/L35, containing the Artisan gas field in the Offshore Otway Basin, Australia, from Beach Energy.Artisan is an existing discovered resource in the Offshore Otway Basin…
Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…
Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia.Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of operations and projects in Western Australia and the Bass Strait…
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