Australia/Nz News

 

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…

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Mar 28, 2025

Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million.The sale includes the Greater Angostura project's offshore production facilities…

ExxonMobil, Woodside Take FID for $221M Gas Project Off Australia

Mar 17, 2025

ExxonMobil's Australian unit said on Monday that its Gippsland Basin joint venture with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources.The approval is for the A$350 million ($221…

Woodside Inks Long-Term LNG Supply Deal with China Resources

Mar 17, 2025

Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…

Australia Grants Feasibility Licenses for 3.2GW Offshore Wind Projects

Mar 03, 2025

The government of Australia has granted feasibility licenses for two offshore wind projects with a total planned capacity of 3.2 GW, to be developed off the coasts of New South Wales and Victoria.The feasibility licenses have been awarded for the Southern Ocean and Hunter zones…

Xodus Delivers Jobs Guide for Australia’s Marinus Link Interconnector

Feb 28, 2025

Global energy consultancy Xodus has delivered a future-looking guide on the jobs that will be required to deliver a major Australian interconnector project to connect North West Tasmania with Victoria, known as the Marinus Link.Marinus Link…

First Offshore Wind Management Plan Approved for Parkwind’s Blue Mackerel

Feb 28, 2025

The Offshore Infrastructure Regulator (OIR) has approved the feasibility stage management plan of Blue Mackerel North Pty Ltd  for the Blue Mackerel offshore wind project off the coast of Gippsland in Victoria.The approval allows Blue Mackerel to begin feasibility activities…

Empire Energy Offshore, Boom Logistics Join Forces for OW in Australia

Feb 27, 2025

Empire Energy Offshore has formed a strategic alliance with Boom Logistics, a provider of heavy lifting and logistics solutions, to strengthen Australia’s future offshore wind infrastructure.The collaboration marks a pivotal advancement in the development of Australia’s offshore wind sector…

ExxonMobil’s Esso, Mitsui and Woodside to Invest $200M in Gas Project Off Australia

Feb 24, 2025

ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…

Woodside Negotiating with at Least Three Partners for Louisiana LNG

Feb 18, 2025

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…

Strategic Marine to Build Survey Vessel for Odyssey Group

Feb 10, 2025

Singaporean shipbuilder Strategic Marine has signed a shipbuilding contract with Odyssey Group for a multi-purpose survey vessel, which will operated offshore Australia.Under the terms of the agreement, Strategic Marine will construct the advanced…

CFE Engineers Delivers Suction Piles for Chevron’s Jansz-lo Compression Project

Feb 06, 2025

CFE Engineers Asia, a subsidiary of provider of rigging and mooring equipment solutions Franklin Offshore, has completed the fabrication and load-out of 12 suction piles for Chevron’s $4 billion Jansz-lo compression project offshore Western Australia…

Santos Hires Weststar-GAP for Timor-Leste Offshore Helicopter Services

Jan 31, 2025

Australian oil and gas company Santos has signed a helicopter transportation services contract with Weststar-GAP Aviation for its offshore operations in Timor-Leste’s Bayu-Undan region.Under the $40 million contract, Weststar-GAP Aviation, a joint venture between Timor GAP-Timor Gas Petroleo…

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