Offshore Australia/NZ News

 

Beach Energy Halts Development Planning for Bass Basin Discoveries Off Australia

Jun 11, 2024

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, it has been determined that development of the Bass Basin discoveries - Trefoil, Bass, White Ibis and Yolla West - will not utilize any optional slots as…

Chevron Australia Starts Repair Work on Wheatstone Offshore Gas Platform

Jun 13, 2024

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…

Transocean Scoops $161M in Contract Extensions for Harsh Environment Semisubs

Jun 04, 2024

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…

Australian Court Orders Santos to Pay $1.8M in Penalties

Jun 04, 2024

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…

Prosafe’s Safe Boreas Flotel Up for Deployment Offshore Australia

May 30, 2024

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…

Woodside Gets $1B Loan to Fund Scarborough Gas Project

May 30, 2024

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…

Helix Energy Solutions on Track to Complete Decom Work for Cooper Energy

May 27, 2024

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…

Expro Wraps Up Five-Well Subsea Job in Australia

May 20, 2024

U.S.-based oilfield services provider Expro has completed a five-well subsea job in Australia, marking also a milestone in using its SeaCure cementing technology.Expro completed the 100th SeaCure as part of a project in Australia consisting of a five-well subsea batch campaign…

Australia's Carnarvon Energy Seeks Bids for Company or Asset Sale

May 17, 2024

Australian oil and gas explorer Carnarvon Energy is seeking a buyer for the company or its assets, including its share in the Dorado oil field co-owned with local producer Santos, a document prepared by adviser JPMorgan showed.The company's strategic review…

TechnipFMC Nets Woodside Energy’s Pluto LNG Contract

May 14, 2024

Oilfield services company TechnipFMC has secured a ‘significant’ integrated engineering, procurement, construction, and installation (iEPCI) contract from Woodside Energy to support ongoing production at Pluto LNG project in Australia.TechnipFMC will design…

Australia Backs Long-Term Gas Drilling Despite 2050 Climate Goals

May 10, 2024

Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners.Australia is one of the world's largest exporters of liquefied natural gas (LNG)…

CIP Bags Two Licenses for 4.4GW Offshore Wind Farms in Australia

May 02, 2024

Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Funds, has been awarded two licenses for the development of offshore wind projects in Australian state of Victoria, whose combined capacity is up to 4.4 GW.CIP has secured exclusivity…

Mainstream Renewable Power Welcomes Australia’s 2.5GW Offshore Wind License

May 02, 2024

Mainstream Renewable Power, as part of the Gippsland Skies Offshore Wind consortium, has secured a feasibility license from the Australian government for a fixed-bottom 2.5 GW offshore wind project off the Gippsland region of Victoria.The feasibility…

Ørsted Secures First and Lines Up Second Multi-GW Offshore Wind License in Australia

May 02, 2024

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 Grants Feasibility Licenses for Offshore Wind Farms

May 01, 2024

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…

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