Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports. Shell’s…
DOF Subsea Australia has been awarded a contract by Technip Oceania, part of TechnipFMC, for the provision of multipurpose support vessel (MSV) Geoholm for Shell's Prelude FLNG project. The Geoholm will be required to provide ROV and…
Karoon Gas Australia has been awarded a three-year commitment to explore the Great Australian Bight (GAB), in which the company will focus on acquiring seismic surveys, offshore South Australia. Map of GAB…
Chevron’s Gorgon project could put Australia s on track to be the largest liquefied natural gas (LNG) exporter in the world at 11.5 Bcf/d, according to the US Energy Information Administration (EIA). Gorgon…
Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…
North West Shelf (NWS) operator Woodside Petroleum said project participants have approved the Greater Western Flank Phase 2 (GWF-2) development off the northwest coast of Australia. GWF-2 will develop 1.6 Tcf of raw gas from the combined Keast…
Wood Group has won a new, multi-year contract with ConocoPhillips in Australia for brownfield engineering services to the Bayu-Undan field, in the Timor Sea, south west of Timor-Leste, and the Darwin liquefied natural gas (LNG) plant at Wickham Point…
In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…
Malaysia-based Hibiscus Petroleum and Australia’s Hydra Energy entered into a deal that will see Hibiscus acquire 100% of the outstanding shares of Hydra Energy at “fair market value.” The addition of Hydra Energy and its portfolio of…
Heather Saucier speaks with Mark Randolph and Susan Gourvenec, professors at the University of Western Australia’s Centre for Offshore Foundation Systems, about deepwater geotechnical challenges, such as complex carbonates found off the coast of Australia…
Japan's INPEX has launched the central processing facility (CPF) for its US$34 billion Ichthys LNG Project offshore Australia. The CPF, billed as the world's largest semisubmersible by INPEX, was launched from Samsung Heavy Industries' offshore floating dock in Geoje…
Chevron is partnering with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to investigate unexplored deepwater regions in the Great Australian Bight, in the first commercial partnership to operate the marine research vessel RV Investigator…
Subsea 7 has been awarded four contracts by Chevron Australia and INPEX Operations Australia for the engineering, procurement and construction of an emergency pipeline repair system (EPRS) to be used offshore Australia. This EPRS project consists of developing a process of repair…
Technip Samsung Consortium has been named as the front-end engineering contract for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside. The Browse project will comprise three FLNG units, used to develop the Brecknock…
After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…
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