L1 Energy News

 

Woodside in Talks with Santos to Form $52 Billion Australian Gas Giant

Dec 07, 2023

Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80 billion ($52 billion) global oil and gas giant, as consolidation among international energy firms intensifies.Combining two of Australia's largest oil and gas producers would be the largest corporate deal in the country for several years, during which buyout activity has been subdued by rising interest rates and financial market volatility…

SMST Books Equipment Order for LDA’s Newbuild SOVs

Jun 16, 2025

Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1)…

Equinor Extends Helicopter Services Contracts with CHC

Jun 10, 2020

Norwegian oil company Equinor has extended helicopter services contracts with offshore helicopter operator CHC in Norway.CHC said Tuesday the extensions with Equinor were for both the Tampen/Oseberg and Heidrun contracts for one year, effective from September 2020 to August 2021…

Gardline Surveying for i3

Mar 22, 2019

Independent oil and gas company i3 Energy said Boslkalis' marine survey subsidiary Gardline is performing a site survey for its 2019 and 2020 drilling program at the Liberator development and Serenity prospect, as well as the pipeline route for its Liberator Phase I development offshore the UK…

DEA, Wintershall to merge

Dec 07, 2017

BASF and LetterOne have agreed to merge their oil and gas subsidiaries Wintershall and DEA, creating a joint venture the companies say would become one of Europe’s largest exploration and production firms. Under the agreement, BASF would hold 67% of the shares in the venture…

INEOS secured US$294 million financing

Sep 08, 2016

INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use to acquire future projects.  The facility, the firm's first reserves based lending facility, was secured…

Hansa Heavy lift names senior advisor

Jan 21, 2016

Germany’s Hansa Heavy Lift has appointed Mark Preece as its new senior advisor to help the company grow its presence in the global offshore industry. Preece. Image from Hansa Heavy Lift. Preece…

BassGas exceeds 60 TJ/d

Sep 08, 2015

Origin Energy’s BassGas production has exceeded 60 TJ/d following the Yolla-5 development well coming online offshore Australia, according to partner AWE Ltd. Image of BassGas. From Origin. The…

Yolla-6 online at BassGas

Jul 30, 2015

The Yolla-6 development well at the BassGas project offshore Australia has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced, according to partner AWE Ltd. Image from Origin…

Fugro launches Seastar XP2 navigation

Jul 22, 2014

Fugro Satellite Positioning released its Seastar XP2 PPP GNSS augmentation service on 1 July 2014. The new service provides increased redundancy for mission-critical offshore GNSS position and navigation applications. Like Fugro’s flagship Seastar G2 service…

Super Pumas to return to service

Aug 29, 2013

A safety group representing workers, regulators and operators has recommended Super Puma helicopters resume operations in the North Sea. Step Change in Safety has also said it will request industry body Oil & Gas UK set up an independent…

Meeting held on latest ditching

Aug 25, 2013

UK oil industry body Oil & Gas UK held a meeting with about 80 representatives from operators and major contractors today (Monday) after a helicopter carrying offshore workers crashed off the Shetland Islands, killing four. The CHC Helicopter…

The rhetoric and reality of renewables

Aug 01, 2011

In the face of a lot of hard evidence on the failure of renewable energy sources to defeat the physics of energy and laws of economics, the UN Intergovernmental Panel on Climate Change released its latest report on renewable energy development in May 2011 (www…

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