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…
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…
The oil and gas industry needs to focus on cost and competitiveness to thrive in the current low-oil-price environment, says Australian Petroleum Production & Exploration Association (APPEA) Chairman Martin Ferguson. His comments were echoed by Roy Krzywosinski…
The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd. Permit year 5 will now end 26 October, plus give…
Chevron Australia made an additional gas discovery at the Greater Gorgon Area in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well found about 134m of net gas pay in the Triassic Mungaroo Sands in 968m water depth…
Rystad Energy’s Senior Analyst Bielenis Villanueva Triana ranks Mexico’s exploration competitiveness as compared to other global prospective areas. Fig. 1: Mexico’s petroleum provinces which have proven hydrocarbon potential…
The Duke, owned and operated by the Gardline CGG joint venture, has been selected by Geoscience Australia to acquire the Gippsland 2D Infill marine seismic survey offshore Victoria, Australia. Preparation for the project is underway and the expected start date is on 6 April 2015…
Angus Rodger and Matt Howell discuss the exploration environment as well as the potential impact from the recent fall in oil prices on Australian and New Zealand projects. Graphs from Wood Mackenzie. Australia…
Hess’s Australian subsidiary, Hess Exploration Australia Pty Ltd. and the North West Shelf (NWS) signed a non-binding letter of intent (LOI) for Hess to develop its natural gas discoveries in its deepwater permits offshore northwestern Australia…
The North West Shelf (NWS) Project partners, led by Woodside Energy, have approved the A$1.2 billion subsea Persephone project, off the north-west coast of Australia. Persephone is the third major gas development for the NWS Project in the past six years…
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