The Australian government has granted a feasibility license for Ørsted’s first offshore wind project in Australia and intends to grant a license for a second project, subject to consultation. The combined potential capacity of the two projects stands at 4…
Australia on Wednesday gave the go-ahead for six projects to study the feasibility of building wind farms in waters off its southern coast as it looks to ramp up renewable energy to meet its net zero emission target by 2050.Six others could…
One of the largest offshore oil discoveries in Western Australia, the Dorado Project, has made ‘significant’ progress towards towards the Final Investment Decision (FID)-ready target for the end of 2024, set by Dorado joint venture partners Santos…
Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…
Australian oil and gas company Finder Energy has secured a license extension for its WA-547-P development, located in the prolific Dorado play trend in the Northern Carnarvon Basin offshore Western Australia.Finder Energy has been granted a…
Italian offshore services company Saipem has received an approval from the Australian regulator NOPSEMA to restart pipelaying operations at Woodside’s Scarborough gas field, following an offshore trunkline installation incident in late January 2024…
Japanese shipping firm Mitsui O.S.K. Lines (MOL) and JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon capture and storage (CCS) value chain between Japan and Australia, including CO2 marine transport…
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned…
Asia Pacific-focused Jadestone Energy has this week executed a sale and purchase agreement to acquire the non-operated 16.67% working interest in the Woodside-operated Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development, offshore Western Australia…
An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, the union said on Tuesday.Earlier this month, the union called off strikes originally planned at the U…
An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, ending an impasse that had led workers to threaten renewed strikes this week.The Offshore Alliance…
Australia's Woodside Energy on Wednesday narrowed its annual production forecast range and capital expenditure outlook after posting a lower-than-expected quarterly revenue.The country's top independent oil and gas explorer now expects to produce…
Chevron said on Thursday it had accepted recommendations from Australia's labor regulator to end its dispute with unions at its liquefied natural gas (LNG) facilities in Western Australia.The Fair Work Commission of Australia, which has the power to impose a settlement…
Australian Energy Producers has been unveiled as the new name of the peak body of the nation’s explorers and producers of essential energy.Previously known as the Australian Petroleum Production & Exploration Association (APPEA), the change…
Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply…