Karoon Gas Australia News

 

Strike Threat Looms Over Woodside’s Pluto 2 LNG Expansion

Nov 20, 2025

A union group applied to Australia's labour tribunal on Thursday for permission to strike at Woodside Energy's Pluto 2 project before the end of the year, in a battle over pay at the under-construction facility.A strike by construction workers…

Australia Opens Consultation on Decommissioning Planning and Finance

Nov 19, 2025

The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…

Australian Offshore Decom Costs Set to Fall as Efficiency Improves, Xodus Finds

Nov 19, 2025

Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…

ConocoPhillips Finds Gas Offshore Australia

Nov 17, 2025

ConocoPhillips Australia has confirmed a natural gas discovery at its Essington-1 exploration well in the Otway Basin, marking the first find in the basin since 2021.The well, located in permit VIC/P79 about 53 km offshore Port Campbell and 12 km from existing production infrastructure…

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Nov 12, 2025

Singapore-based Mooreast Holdings is set to begin feasibility studies to develop up to 500 MW of large-scale renewable energy projects in Timor-Leste.The feasibility studies, scheduled to start later in November, follow the signing of a Letter…

FairWind Completes Acquisition of Australian Wind Services Firm

Nov 07, 2025

Renewables specialist FairWind has completed its acquisition of Cosmic Group, an Australian wind installation and maintenance provider.The move significantly boosts the company’s presence in Asia-Pacific (APAC), reinforcing its existing presence…

ConocoPhillips Begins Drilling Offshore Eastern Australia

Nov 04, 2025

U.S. independent ConocoPhillips began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi, its junior partner in the project, said on Monday.Work began over the weekend on the Essington-1 well…

Incat Crowther Designs OSV for Carpentaria Marine

Nov 02, 2025

Carpentaria Marine Services, a marine services provider in northern Australia, is expanding its fleet after commissioning Incat Crowther to design a new multi-purpose offshore support vessel.Construction of the vessel, which will be deployed…

DeepOcean Gets Onboard Western Australian Decommissioning Project

Oct 30, 2025

Ocean services provider DeepOcean has secured a contract to support the decommissioning of subsea infrastructure at oil and gas fields in Western Australia.DeepOcean’s scope of work includes suspension of subsea trees, removal of flowlines, riser and dynamic umbilical…

Petrobras and Equinor Big Winners in Brazil's Offshore Oil and Gas Auction

Oct 22, 2025

Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in a Wednesday auction for areas in Brazil's offshore pre-salt region, acquiring one oil block each and partnering to develop a third.Australia's Karoon Energy also acquired one block…

JERA Nex bp to Lay Off US Staff as it Halts Beacon Offshore Wind Project

Oct 22, 2025

JERA Nex BP, a joint venture between Japan's top power generator JERA and BP, plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming months, the venture said in a statement.The decision marks the latest setback for the U…

FairWind Buys Cosmic Group to Bolster its APAC Wind Services

Oct 20, 2025

Wind industry service company FairWind has reached an agreement to acquire Australian wind installation and maintenance provider Cosmic Group, expanding its presence and service offering in Asia-Pacic (APAC) region.The strategic acquisition…

Santos Trims 2025 Output Target as BW Opal FPSO Faces Technical Issues

Oct 16, 2025

Australia's Santos narrowed its annual output forecast for a second time this year on Thursday after a technical issue delayed the ramp-up of its key Barossa oil and gas project and inclement weather hampered recovery at its Cooper Basin project…

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