Offshore Australia/NZ News - page 8

 

Chevron, Woodside in Talks to Avert Strikes in Australia

Aug 10, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert threatened strikes at gas facilities that together supply about 10% of the global LNG market.Concerns over potential industrial action at three Australian LNG operations - North West Shelf…

Japan's Inpex Raises Profit Forecast, Seeks to Boost Value

Aug 09, 2023

On Wednesday, Japanese oil and gas explorer Inpex raised its full-year net profit forecast by 7% and announced measures to boost the company's value and shareholder returns, including a dividend increase and share buyback.To address the country's number of undervalued stocks…

Beach Energy Names Woods as CEO, as Engelbrecht Ends Tenure

Aug 09, 2023

Australian oil and gas company Beach Energy has named Brett Woods as Managing Director and Chief Executive Officer to start on February 21, 2024, or such other date as mutually agreed. Morné Engelbrecht has today ended his tenure as CEO of Beach Energy…

Woodside to Sell 10% Stake in Scarborough Project to LNG Japan

Aug 08, 2023

Australian oil and gas giant Woodside has agreed to sell a 10% stake in the Scarborough joint venture in Australia to LJ Scarborough Pty Ltd (LNG Japan).The Scarborough Joint Venture comprises the Scarborough field and associated offshore and subsea infrastructure…

Australian Operations Continue: INPEX Extends Noble Deliverer Rig Contract

Aug 04, 2023

INPEX Operations Australia, an Australian subsidiary of the Japanese firm INPEX, has exercised an option to extend the contract for the ultra-deepwater semi-submersible rig Noble Deliverer for drilling at the Ichthys field in the Browse Basin offshore Western Australia…

Floatel Secures 6-Month Contract for Floatel Triumph in Australia

Aug 01, 2023

Offshore accommodation rig provider Floatel International said Tuesday it had secured a contract for its Floatel Triumph semi-submersible unit in Australia.Floatel said that the contract was with 'a major Australian operator.' Under the six-month firm contract…

Jadestone Energy's Montara Venture FPSO Shut Down Again After Gas Alarm Triggered

Jul 31, 2023

Jadestone Energy's Montara Venture FPSO offshore Australia, which had resumed output in March after a lengthy shutdown, has been shut down again.Jadestone said Monday that on July 29, 2023, a gas alarm was triggered within ballast water tank 4S…

Australian State Bans Gas to New Homes from 2024 in Push to Cut Emissions

Jul 28, 2023

The Australian state of Victoria will ban natural gas connections to new homes from next year as part of a plan to cut emissions and lower energy bills, the state climate action minister said on Friday.Australia's second-most populous state…

Siem Offshore's AHTS Vessels Win Work in Australia

Jul 26, 2023

Norwegian offshore vessel operator Siem Offshore has secured a medium-term contract for two AHTS vessels.Siem Offshore said Tuesday that the contracts were for its 2010-built Siem Aquamarine and 2011-built Siem Amethyst AHTS vessels.The company did not say who the client was exactly…

Transocean's Fleet Status Report: $1.2 Billion in Offshore Drilling Contracts Secured

Jul 20, 2023

Offshore drilling contractor Transocean said Wednesday it had recently secured contracts and contract extensions worth $1.2 billion in total.In its fleet status report, the company said that contracts had been secured for seven drilling rigs…

Woodside Misses Q2 Revenue Estimate but Sticks to Guidance

Jul 18, 2023

Australian No.1 oil and gas producer Woodside Energy said second-quarter sales tumbled due to weaker commodity prices and maintenance work, missing analyst forecasts, although its shares rose as it stuck to longer-term production guidance.Oil…

Australian Gov't Says Hunter Area Suitable of Offshore Wind Farms

Jul 13, 2023

The Australian Government has declared an area in the Pacific Ocean off the Hunter, New South Wales (NSW) as suitable for future offshore wind development.The announcement follows the declaration of Gippsland off the Victorian coast and will improve energy security…

McDermott Chosen for Offshore Decommissioning Work in Australia

Jul 10, 2023

Offshore energy industry services provider McDermott has secured a contract for offshore decommissioning work in Australia with the oil and gas firm Woodside Energy.The contract calls for the complete removal of the Stybarrow disconnectable…

Ocean Winds Pushes to Develop Offshore Wind Farms in Australia

Jul 04, 2023

Ocean Winds, a joint venture between Portugal's main utility EDP  and French company Engie, said on Tuesday it had lodged applications with the Australian government to develop offshore wind farms off the coast of Victoria.The JV, which participated…

Transocean Secures 16-Well Contract for Transocean Equinox Rig in Australia

Jun 29, 2023

Offshore drilling contractor Transocean has secured a 16-well contract for the Transocean Equinox semi-submersible drilling rig in Australia for a consortium of four operators. The 380-day campaign contributes approximately $184 million in backlog…

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