"Australia" News

Australian government announces lease round

May 15, 2017

The Australian government’s annual Offshore Petroleum Exploration Acreage Release has been announced with 21 areas on offer. The areas are across eight sedimentary basins in Commonwealth waters offshore of Northern Australia, Western Australia…

End of life or afterlife?

May 01, 2017

Susan Gourvenec offers a down under outlook for decommissioning offshore oil and gas facilities. Operating pipelines provide habitat for marine life. Photos from Woodside. Australia’s…

EnerMech inks Prelude FLNG gig

Mar 21, 2017

EnerMech has been awarded a pre-commissioning subcontract by Technip Oceania, part of TechnipFMC in Australia, for work on the Shell Australia-operated Prelude floating liquefied natural gas (FLNG) project. The work scope includes the pre-installation filling of the risers…

Chevron picks up new Australian exploration permit

Feb 20, 2017

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…

Aussie tax changes could risk investment

Feb 01, 2017

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 inks Prelude vessel gig

Feb 14, 2017

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 enters Great Australian Bight

Oct 07, 2016

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…

EIA: World's largest LNG exporter could be Australia

Mar 31, 2016

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…

Undeveloped Down Under

Feb 01, 2016

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…

Woodside approves Greater Western Flank off Australia

Dec 11, 2015

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 wins Timor-Leste gig

Dec 08, 2015

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…

Chevron to pay millions in Auz taxes

Oct 23, 2015

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…

Hibiscus in Hydra takeover

Nov 11, 2015

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…

Investigating the deep

Nov 01, 2015

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…

Chevron to jointly explore Australian Bight

Sep 15, 2015

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…

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