Offshore Australia/NZ News - page 3

 

CCS Firms Secure CO2 Acreages Off Australia

Aug 07, 2024

deepC Store and Azuli International have been awarded Greenhouse Gas Assessment Permit (GHG Acreages) in the Bonaparte and Browse Basins off Australia, and have entered into a joint study agreement for a strategic partnership with Japanese company J-POWER…

ASCO Wraps Up Decom Support Work Off Australia

Aug 05, 2024

Scotland-based logistics and materials management company ASCO has completed a six-figure contract with Onslow Marine Support Base (OMSB) in Western Australia, supporting the offshore decommissioning sector.As part of the contract, ASCO mobilized…

Woodside to Buy Ammonia Project on US Gulf Coast for $2.35B

Aug 05, 2024

Australia’s Woodside Energy has signed an agreement with Dutch-based OCI Global to acquire its clean ammonia project for $2.35 billion, which is still under construction on the U.S. Gulf Coast in Texas.Woodside has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding…

No Decision Yet on Woodside's Browse Gas Project

Aug 05, 2024

Western Australia's environment regulator said on Monday it expects to release its recommendations on Woodside Energy's Browse gas project in 2025, after a newspaper reported the huge project might be rejected by the regulator.The $20.5 billion…

Prysmian Gets $647M Job to Install Australia’s Green Interconnector

Aug 02, 2024

Italian cable maker and installation services provider Prysmian has signed a contract, worth around $647 million (€600 million), to supply and install new interconnector between Victoria and Tasmania that will facilitate the flow of renewable energy between the two Australia’s states…

SRJ Technologies Acquires Oil and Gas Remote Inspections Services Firm

Jul 24, 2024

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…

Australia's Woodside Buys US LNG Developer Tellurian for $1.2B

Jul 22, 2024

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…

Dorado’s FID Delayed as Reshaping of Project Aims to Reduce Its Total Capital Outlay

Jul 18, 2024

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…

Australia Greenlights 12 Offshore Wind Projects with 25GW Capacity

Jul 17, 2024

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…

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Jul 11, 2024

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…

Wood Secures Engineering Work on Shell’s Prelude FLNG Unit

Jul 09, 2024

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…

Aramco Denies Media Reports of Potential Offer for Santos

Jul 05, 2024

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…

Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Skeptical

Jul 04, 2024

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 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…

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…

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