The Department of Mines and Petroleum (DMP) of the government of Western Australia approved Carnarvon Petroleum’s application to suspend and extend the year three work commitments for the Cerberus project. Map of Cerberus…
Norwegian cylindrical floating production unit designer Sevan Marine won a long-term framework agreement with US supermajor ExxonMobil. Sevan Marine has been working with ExxonMobil since 2015, when it was given a feasibility study to…
US oil major Chevron has picked up a new exploration permit in a 'gas-rich' part of the Carnarvon Basin, offshore western Australia. Chevron paid US$2.3 million (A$3 million) for the cash bid permit WA-526-P, which will last six years…
Searcher Seismic and partner CGG have started the PSDM reprocessing of about 1668sq km of 3D seismic data in the Carnarvon Basin, Western Australia. The project comprises broadband PSDM reprocessing of the Western portion of the existing Foxhound 3D Seismic Survey…
Australia's Woodside says the Scarborough project could move into front end engineering and design in 2017, with a final investment decision by 2020. Woodside acquired a stake in the ExxonMobil-operated license, containing the Scarborough field…
New Zealand Oil & Gas (NZOG) entered a deal to secure a 50.01% holding in its Australian subsidiary, Cue Energy Resources. “Our controlling interest in Cue provides diversified exposure to Cue's production and exploration interests in Australia…
Woodside has completed the acquisition of half of BHP Billiton’s Scarborough area assets in the Carnarvon basin, offshore Western Australia. The acquisition was concluded for a purchase price of US$250 million and a contingent payment…
Mitra Energy, via its subsidiary Jadestone Energy, has acquired the producing Stag oilfield, offshore Australia, from Quadrant Northwest and Santos Offshore. The move sees the firm become a producer for the first time. The Stag oilfield…
CGG and Eidesvik Offshore have agreed to terminate the contract for the Viking Vision vessel effective immediately. The contract was due to end at the end of July 2017. According to Eidesvik, the payment of the charter rate will continue until July 2017…
BP is to acquire a majority stake in two exploration permits containing the potentially massive Ironbark gas prospect on Australia's North West Shelf from Cue Energy Resources. The move will see BP acquire 80% interest in permits WA-409-P and WA-359P in the Carnarvon basin…
CGG says final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multiclient survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia is available. Phase 2 is due to complete by Q4…
Australian energy giant Woodside will acquire half of BHP Billiton’s Scarborough gas assets in the Carnarvon Basin, offshore Western Australia. Woodside will pay US$250 million on completion of the transaction and a contingent payment…
Kuala Lumpur's Mitra Energy acquired 30% interest in two blocks, Block 05-1B and Block 05-1C offshore Vietnam, from Inpex subsidiary Teikoku Oil in a US$14.3 million deal. Image from Inpex. Block 05-1…
Quadrant Energy’s Driftwood-1 commitment well intersected water wet objectives offshore Western Australia. Image of the Tom Prosser, from Noble. Driftwood-1, is in the WA-320-P permit…
Quadrant Energy started drilling the Driftwood-1 well in the WA-320-P permit area in the Carnarvon Basin, offshore Western Australia. The well, being drilled with the Noble Tom Prosser jackup, is in the Barrow sub-basin of the Northern Carnarvon Basin…
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