Barossa News

Santos Could Store CO2 from Barossa Field in Depleted Bayu Undan Reservoir

Oct 22, 2021

East Timor wants to press ahead with plans for a carbon capture and storage (CCS) project in a depleted oil and gas field off its coast as it races to fill a multi-billion dollar revenue hole starting in late 2023 when the field dries up.The…

BW Offshore Orders VIKING Lifeboats for Australia-bound FPSO

Sep 28, 2021

Offshore safety equipment provider VIKING has said it has won a contract with FPSO supplier BW Offshore to deliver has selected VIKING Norsafe free-fall lifeboats, daughter craft, and davits for a large FPSO project which will operate off northern Australia…

BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

BW Offshore In Barossa FPSO Equity JV Partnership

Sep 10, 2021

FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…

BW Offshore Secures $1.15 B Loan for Barossa FPSO Construction

Sep 01, 2021

FPSO supplier BW Offshore has secured a $1.15 billion loan for the construction and operation of the FPSO for Australia-based Santos' Barossa offshore gas field.Earlier this year Santos and BW Offshore signed a contract for the delivery of an FPSO for the Barossa gas field…

LNG Price Recovery Spurs Spending in Race against Carbon Targets

Jul 28, 2021

The investment outlook for liquefied natural gas (LNG) has improved this year but project go-aheads will not match the bonanza of 2019, as the fight against climate change clouds the prospects for gas demand growth longer term.Renewed optimism as the industry emerges from the pandemic…

Australia: Santos Starts Dorado Offshore Field FEED

Jun 29, 2021

Australian oil and gas company Santos on Tuesday announced the start of Front-End Engineering and Design (FEED) for the Dorado field development in the Bedout Sub-basin, offshore Western Australia. Contracts are expected to be awarded in the next few months…

BW Offshore Orders Barossa FPSO Topside Modules from Dyna-Mac

May 24, 2021

Dyna-Mac, a Singapore-based firm building modules for offshore oil and gas facilities, has won a module fabrication deal with FPSO supplier BW Offshore.The contract, valued at S$197 million (around $148 million), is for the supply, fabrication…

BW Offshore Taps NOV's APL for Barossa FPSO STP System

May 11, 2021

FPSO specialist BW Offshore has awarded NOV's APL a contract to supply a large submerged turret production (STP) system for the FPSO to be deployed at Santos' Barossa gas and condensate field located offshore of Australia.The Barossa field is…

Eni, Santos Eyeing Upstream, CCUS Collab

May 03, 2021

Italian oil company Eni and Australia-based Santos on Monday agreed to jointly seek cooperation opportunities in Australia and East Timor.Under the non-binding memorandum of understanding, the companies will look at potential optimizations, synergies…

Santos Green Lights TechnipFMC for Barossa Subsea Scope

Apr 27, 2021

TechnipFMC said it received a notice to proceed for a subsea production system contract from Australian gas producer Santos for the Barossa field development project, located 300 kilometers north of Darwin.The contract scope covers the supply of subsea trees and associated control systems…

Australia: Santos Looking to Sell Down Stake in Dorado Offshore Oil Project

Apr 08, 2021

Australian gas producer Santos has hired Goldman Sachs to sell a 20%-30% stake in its Dorado oil project and Bedout exploration portfolio offshore western Australia, according to a sales document seen by Reuters and confirmed by the group.Dorado…

Floating Production Systems Market Bounces Back on Recovering Oil Prices

Apr 02, 2021

Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports.McCaul bases his assessment on data in a new floating…

Santos Sanctions $3.6B Barossa Offshore Development in Australia

Mar 30, 2021

Australian oil and gas company Santos on Tuesday announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory, Australia.The Barossa development will comprise a BW Offshore supplied FPSO…

Santos, BW Offshore Sign $4,6B Barossa FPSO Deal

Mar 24, 2021

Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners…

Current News

Financial Close Reached for 298MW Offshore Wind Project in Taiwan

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Stena Drilling Confirms Samsung Drillship Deal

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OMV Petrom Could Delay Black Sea Gas Project FID Pending Tax Change

Op-ed: Cambo: How the UK Needs New Oil and Gas Fields - It's Part of Going Green, Says Industry Expert

Op-ed: Cambo: How the UK Needs New Oil and Gas Fields - It's Part of Going Green, Says Industry Expert

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