"Australia" News

Mexico on the global stage

Apr 09, 2015

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…

CO2 storage site hunting offshore Auz

Mar 19, 2015

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…

Australian and New Zealand offshore exploration

Mar 01, 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, NWS sign Australia LOI

Dec 22, 2014

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…

Woodside sanctions Persephone

Nov 27, 2014

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…

Eni departs Heron

Oct 29, 2014

Eni's Australian subsidiary decided to shed its stake in the Heron area off Northern Australia after opting out of plans to drill a second well inside permit area NT/P68. The Italian explorer also elected to hold its current 50% share in the Blackwood area…

Wood Group PSN wins Woodside work

Sep 09, 2014

Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group's maintenance and brownfield project portfolio in Australia. The scope of work includes the engineering, procurement and construction…

Australian Parliament repeals maritime crew visas

Jul 17, 2014

On 17 July, senators in the Australian Parliament voted to disallow the Federal Government from continuing to issue Maritime Crew (subclass 988) visas to foreign workers for the purposes of working in Australia’s offshore oil and gas industry…

Australia awards 9 offshore exploration permits

Jun 05, 2014

Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…

Australia debates offshore work visas

Jun 02, 2014

Australia's current federal coalition government seeks to abolish the work visa requirement for offshore oil and gas workers, over objections from the Maritime Union of Australia, according to ABC Rural. The former Labor government, under Gillard…

Well costs hurt down under

May 26, 2014

The urgent need to address the global cost competitiveness of Australia’s oil and gas industry has been highlighted by a new analysis that shows fewer exploration wells are being drilled offshore despite significantly higher expenditure. An…

Mobilizing subsea foundations

Apr 22, 2014

The Prelude FLNG subsea architecture, supported by traditional mudmats. image source: Shell. Mobile foundation technology could offer an economic solution to some stranded offshore hydrocarbon reserves…

Wood Group names new MD

Feb 19, 2014

Wood Group PSN (WGPSN) appointed a new regional managing director to lead its Australia & Asia Pacific business. Andrew Stewart previously the southern operations business manager in Australia, and now will step into the position as part of a planned handover from Matt Gavin…

Equus delayed but not dead

Feb 10, 2014

US explorer Hess remains 'confident' that its billion dollar Australian gas project will proceed. The Equus project, Hess Corp.’s planned contribution to Australia’s push for world leadership in liquefied natural gas (LNG) exports, has…

Fugro’s AG to join its geoconsultancy practice

Jan 16, 2014

Fugro’s wholly-acquired Advanced Geomechanics Pty Ltd. (AG) will become part of its global geoconsultancy practice.The nearly 20-year-old, Perth- based AG provides geotechnical and geophysical engineering and consulting services, and partnered with companies including Woodside…

Current News

Sumitomo Corporation Global Metals, TFI Marine Introduce Mooring Solutions to Floating Offshore Wind

Sumitomo Corporation Global Me

FET Appoints Amariko as Dynacon Representative in Japan

FET Appoints Amariko as Dynaco

Chevron Joins SLB, TotalEnergies Digital Subsurface Collaboration

Chevron Joins SLB, TotalEnergi

Normand Maximus CSV Set for $125M Ownership Transfer

Normand Maximus CSV Set for $1

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine