Wheatstone News

Keppel delivers the Floatel Triumph

Sep 30, 2016

Keppel Offshore & Marine subsidiary, Keppel FELS, delivered the Floatel Triumph semisubmersible to Floatel International, which will work on Chevron's Wheatstone, and INPEX's Ichthys Field, off Western Australia.  The Floatel Triumph is…

Bumi hits Woodside with US$283.5 million claim

Apr 21, 2016

Woodside Energy has been served by Bumi Armada Berhad with a US$283.5 million legal claim, after the Australian company terminated a floating production storage and offloading (FPSO) charter contract for operations offshore northwestern Australia…

EIA: World's largest LNG exporter could be Australia

Mar 31, 2016

Chevron’s Gorgon project could put Australia s on track to be the largest liquefied natural gas (LNG) exporter in the world at 11.5 Bcf/d, according to the US Energy Information Administration (EIA). Gorgon…

Keppel FELS names Floatel's latest unit

Mar 11, 2016

Singapore's Keppel FELS is on track to deliver a fifth high-specification accommodation semisubmersible to Floatel International following the unit's naming ceremony today.  Once delivered, the Floatel Triumph semisubmersible, built to Keppel's proprietary SSAUTM 5000NG design…

Chevron achieves first LNG at Gorgon

Mar 07, 2016

Chevron Corp. has begun production from its liquefied natural gas (LNG) and condensate at the Gorgon Project on Barrow Island off the northwest coast of Western Australia. The first LNG cargo is expected to be shipped next week. “We expect…

Woodside axe to spur legal action

Mar 04, 2016

Bumi Armada intends to take legal action against Woodside Energy after Woodside terminated a floating production storage and offloading (FPSO) charter contract for operations offshore northwestern Australia. The Armada Claire…

Undeveloped Down Under

Feb 01, 2016

Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…

Chevron to slash 6-7000 jobs

Oct 30, 2015

US supermajor Chevron announced in its Q3 results that it expects to make further workforce reductions in the realm of 6000-7000 in an effort to cut costs. The company’s earnings this quarter were better than anticipated, according to analysts Simmons & Co…

Chevron to pay millions in Auz taxes

Oct 23, 2015

In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…

Chevron in 2Q drastic drop

Jul 31, 2015

Chevron’s results for 2Q 2015 show the company in a drastic drop of nearly 90% compared to last year, from substantial impairments that have lead the company to implement multiple efforts to improve future earnings and cash flows. Image…

Woodside's Browse FLNG enters FEED

Jul 01, 2015

After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…

Ensuring the integrity of fatigue-sensitive SCRs

May 01, 2015

Denise Smiles, of Optical Metrology Services Ltd (OMS), discusses how to correct internal HiLo misalignment between butted pipes. OMS’ automatic pipe end dimensioning tool. Images from OMS. Deepwater…

Fulcrum year for mega gas

Apr 20, 2015

2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source. With the announcement that Shell is targeting a US$70 billion deal for BG Group, and in doing so increasing their current LNG capacity to around 33 million tons per annum…

Apache exits Aussie business for $2.1 billion

Apr 09, 2015

Apache agreed to sell its Australian subsidiary Apache Energy Ltd. to a consortium of private equity funds managed by Macquarie Capital Group Ltd. and Brookfield Asset Management Inc. for cash payment of $2.1 billion. With the sale, the company…

Woodside hits off Western Australia

Apr 08, 2015

Woodside made a gas discovery at its Pyxis-1 exploration well in production license WA-34-L, offshore Western Australia. Map of WA-34-L. From Woodside.   The well intersected approximately 18…

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