"Australia" News

Iran War Reshapes Global LNG Trade

Apr 01, 2026

The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Australia…

Australia Grants Permits for Three Offshore Wind Schemes

Jan 23, 2026

Australia has offered three offshore wind licenses to projects off the southern coast of Western Australia that could add 4 gigawatts of clean energy into the state's isolated power system, the government said on Friday.The offer comes after…

Chevron’s Wheatstone LNG Plant Remains Offline Due to Cyclone Damage

Mar 31, 2026

Chevron said on Tuesday that downstream assets at its Wheatstone liquefied natural gas plant in Western Australia suffered extensive cyclone damage, leaving both production trains offline.Danny Woodall, Chevron's director of operations and maintenance for Australia…

Jadestone Shuts Down Stag Field after Cyclone Damage off Australia

Mar 30, 2026

Jadestone Energy, an Asia-Pacific focused oil and gas company, has shut down production at its Stag field offshore Australia after Cyclone Narelle caused damage to platform and offloading facilities.The company said operations were halted on…

Second Gas Discovery Confirmed at ConcoPhillips’s Otway Basin Well off Australia

Jan 14, 2026

Gas has been confirmed at the Charlemont-1 exploration well offshore Victoria, operated by ConocoPhillips, following the successful recovery of a gas sample that validates the Charlemont Trend in Australia’s Otway Basin.Australia’s 3D Energi…

Woodside’s Scarborough FPU Arrives to Western Australia Offshore Field

Jan 13, 2026

The floating production unit (FPU) for Woodside Energy’s Scarborough gas project has arrived at the Scarborough field offshore Western Australia, marking a major milestone for the development as it moves into the hook-up and commissioning phase ahead of first gas production…

Surprise Gas Hit Adds Momentum to ConocoPhillips’ Australian Drilling Ops

Dec 30, 2025

An offshore gas exploration well operated by ConocoPhillips Australia has intersected unexpected gas in the Otway Basin off southeastern Australia, prompting a temporary pause in drilling while partners assess changes to the well design.The Charlemont-1 exploration well…

Woodside, BOTAŞ Shake Hands on Long-Term LNG Supply Deal

Dec 29, 2025

Australia’s Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiye’s state pipeline operator BOTAŞ, marking Woodside’s first long-term LNG contract with the Turkish market.Under the sale and purchase agreement…

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Jan 28, 2026

Australian Prime Minister Anthony Albanese and his East Timor counterpart, Xanana Gusmao, on Wednesday said the Greater Sunrise gas project should be developed 'as soon as possible', with Australia pledging a third of its state revenue to its small neighbor…

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Jan 27, 2026

Japan’s largest power generator JERA has received the first liquefied natural gas (LNG) cargo from the Barossa Gas Project in Australia, marking the start of shipments from the project after production commissioning began last year.The Barossa project…

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…

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…

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…

Subsea7 Answers Chevron’s Call for Work at Gas Field off Australia

Dec 16, 2025

Subsea7 has secured a contract from Chevron Australia for subsea installation work on the Gorgon Stage 3 (GS3) project, offshore Australia.Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation…

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