Scarborough News

Woodside Energy GWF-2 Commences Production

Oct 25, 2018

Australian oil and gas company with a global presence  Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.A press release from the operator of the North…

Australia's Woodside China's ENN Join Hands

Oct 23, 2018

Australia’s Woodside Petroleum has signed a Cooperation Agreement with Chinese private sector gas distribution firm ENN Group under which the two companies will work together to explore a broad range of potential business opportunities.The Cooperation…

FLNG projects taking shape

Dec 26, 2017

Elaine Maslin looks at some of the ongoing and proposed FLNG projects around the globe (First published in the December 2017 OE, access the full issue here). West Africa has seen a good amount of floating LNG project activity this year with three developments underway…

Exxon, Sevan ink FLNG frame agreement

Feb 24, 2017

Norwegian cylindrical floating production unit designer Sevan Marine won a long-term framework agreement with US supermajor ExxonMobil. Sevan Marine has been working with ExxonMobil since 2015, when it was given a feasibility study to…

Aussie tax changes could risk investment

Feb 01, 2017

Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports.  Shell’s…

Woodside sees Scarborough FEED in 2017

Jan 19, 2017

Australia's Woodside says the Scarborough project could move into front end engineering and design in 2017, with a final investment decision by 2020.  Woodside acquired a stake in the ExxonMobil-operated license, containing the Scarborough field…

Arenite looks for investors for proof of concept well

Jan 10, 2017

UK independent Arenite Petroleum is seeking investors to help it drill a proof-of-concept horizontal well into UK Permian carbonates, as well as test an underlying Carboniferous strata. The move, which will target two horizons in the Permian carbonates…

Troubling trends

Dec 01, 2016

For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood’s Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk…

Woodside, BHP complete Scarborough deal

Nov 15, 2016

Woodside has completed the acquisition of half of BHP Billiton’s Scarborough area assets in the Carnarvon basin, offshore Western Australia. The acquisition was concluded for a purchase price of US$250 million and a contingent payment…

BP bets on 'massive' Ironbark prospect

Oct 13, 2016

BP is to acquire a majority stake in two exploration permits containing the potentially massive Ironbark gas prospect on Australia's North West Shelf from Cue Energy Resources. The move will see BP acquire 80% interest in permits WA-409-P and WA-359P in the Carnarvon basin…

Woodside buys into BHP’s Scarborough gas assets

Sep 05, 2016

Australian energy giant Woodside will acquire half of BHP Billiton’s Scarborough gas assets in the Carnarvon Basin, offshore Western Australia. Woodside will pay US$250 million on completion of the transaction and a contingent payment…

Keeping afloat

Sep 01, 2016

The market for floating production systems may have stalled, but FPSs will still be a key part of the offshore technology tool kit, outlines Douglas-Westwood’s Ben Wilby. The FPSO Cidade de Saquarema…

Short-term uncertainties in the deep

May 01, 2015

Infield Systems’ Catarina Podevyn takes a look at recent oil price movements and market conditions on the deepwater (500m+) capex spending up to 2019. Olympus platform in deepwater US Gulf of Mexico…

BHP supports Scarborough FLNG

Sep 30, 2014

Australian oil and gas firm BHP Billiton has backed plans to develop what may be the world’s largest floating LNG project, saying it is “fully aligned” with partner ExxonMobil.  But, the project is still facing difficulties, according to a statement from Exxon to news agency Bloomberg…

Global Deepwater Review: Driving deeper growth

Jun 01, 2014

As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…

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