Australian oil and gas company Woodside Energy has entered into definitive agreement to buy U.S. liquefied natural gas (LNG) developer Tellurian, including its owned and operated US Gulf Coast Driftwood LNG development opportunity, for a total of $1.2 billion.The consideration for the transaction is an all-cash payment of approximately $900 million, with the implied enterprise value of approximately $1…
Australian-headquartered SRJ Technologies has signed an agreement for the acquisition of UK-based Air Control Entech (ACE), in a move aimed at bolstering its fleet with advanced drones and robots designed to conduct remote inspections of offshore energy assets…
Carnarvon has informed that the joint venture in charge of Dorado project, one of the largest offshore oil discoveries in Western Australia, is finalizing the assessment of key optimization opportunities, expected to improve project economics and significantly lower upfront CAPEX…
The government of Australia has granted 12 feasibility licenses for the Gippsland Offshore Wind Zone, with the potential installed generation capacity of 25 GW.The news follows Australia’s governments move to approve six projects for feasibility…
Australian oil and gas giant Woodside has signed a sale and purchase agreement (SPA) with CPC Corporation for the long-term supply of liquefied natural gas (LNG) to Taiwan.Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years…
Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…
Saudi Aramco said in an emailed statement on Thursday that media reports saying it was considering an offer for Santos are inaccurate.Bloomberg News on Wednesday reported that Saudi Aramco and Abu Dhabi National Oil Company have been separately considering bids for Australian gas producer Santos…
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending shares of the Australian gas producer up 6.5% on Thursday.Both Saudi Aramco and ADNOC have been conducting…
Chevron has commenced repair activities on its Wheatstone platform in Australia and the work is expected to be completed in the coming weeks, a spokesperson said on Thursday.'LNG (liquefied natural gas) and domestic gas production will resume following the safe completion of repair works…
Australian oil and gas company Beach Energy has ceased development planning for its Bass Basin discoveries, which include Trefoil, Bass, White Ibis and Yolla West, offshore Australia, amid strategic review.On conclusion of Beach's strategic review…
Offshore drilling contractor Transocean has secured contract extensions for three of its harsh environment semisubmersibles, worth approximately $161 million.In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor…
The Federal Court ordered Santos to pay A$2.75 million ($1.83 million) in penalties for breaching auction record-keeping obligations under the National Gas Rules, Australia's second largest energy producer said on Tuesday.In October 2023, the…
Offshore accommodation rig provider Prosafe has been issued a Conditional Letter of Intent (CLoI) for the Safe Boreas semi-submersible accommodation rig to provide gangway connected operations to support a project off the coast of Western Australia…
Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet…
Houston-based offshore services firm Helix Energy Solutions is wrapping up the multi-well decommissioning operation for Cooper Energy on the Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia.According to Cooper Energy…
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