Offshore Australia/NZ News - page 25

 

Woodside Extends Worley's Service Agreement for W. Australia Gas Plants

Oct 05, 2021

Australian oil and gas firm Woodside has awarded an extension to a non-binding frame agreement with engineering firm Worley to continue supporting the Karratha Gas Plant and Pluto LNG assets in Western Australia.Pluto LNG processes gas from…

Australia Sets Aside $180M for Carbon Capture Projects

Sep 30, 2021

The Australian government on Thursday committed to provide A$250 million ($180 million) in grants to support the development of carbon capture, use, and storage (CCUS) projects, part of a broader technology push to help cut carbon emissions…

Jadestone Energy's Montara H6 Offshore Well Starts Production

Sep 28, 2021

Oil and gas company Jadestone Energy has tied the Montara H6 development well off Australia into the field facilities and the well has started production.Jadestone is the 100% owner and operator of the Montara field, located in Production Licences AC/L7 and AC/L8 in the Timor Sea…

BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

Shearwater GeoServices in Bass Strait 3D Seismic Survey

Sep 22, 2021

Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…

BHP Handing Smaller than Expected $3.9B Clean-up tab to Woodside in Oil Merger

Sep 14, 2021

BHP Group will transfer a smaller-than-expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum business with the independent Australian gas producer.Woodside's shares jumped 6.5% after the figure was disclosed in BHP's annual report on Tuesday…

BW Offshore In Barossa FPSO Equity JV Partnership

Sep 10, 2021

FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…

Sembcorp Marine Wins Dorado FPSO FEED Deal with Altera

Sep 10, 2021

Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia…

Santos, Oil Search Agree to Merge Despite PNG Scrutiny

Sep 10, 2021

Santos sealed an agreement to buy Oil Search to create a global top 20 oil and gas company, the companies said on Friday, even as the Papua New Guinea government raised concerns that a takeover could harm national interests.The deal will make…

Asia Eyes Australia Blueprint as $100B Oil and Gas Decommissioning Bill Looms

Sep 08, 2021

Australia has passed legislation that could set a precedent for who pays to clean up the fossil fuel industry in Asia, making former owners of oil and gas fields responsible for the costs of dismantling facilities if later owners fail.The new…

Australia: Western Gas Finds Drilling Partner for Sasanof-1 Offshore Well

Sep 07, 2021

Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P in W. Australia, has found a partner to fund part of the drilling costs for the Sasanof-1 offshore exploration well.The partner is the ASX-listed Global Oil and Gas Limited…

CHC Buys Babcock's Offshore Helicopter Business

Sep 03, 2021

Offshore helicopter transportation company CHC has said it has completed the acquisition of Babcock International’s offshore oil and gas aviation business. The acquisition, first announced in March, will increase CHC's offshore crew transportation…

Australia to Clear Path for Offshore Wind Farms

Sep 02, 2021

Australia's conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential.The long-awaited legislation will set up a framework for building…

Carnarvon Hires Valaris Jack-Up Rig for Buffalo Well in Timor Sea

Sep 02, 2021

Australian oil and gas company Carnarvon Petroleum has hired Valaris JU-107 jack-up drilling rig to drill the Buffalo-10 well in the Timor Sea.'The drilling operations are expected to commence once the rig has completed its current operations…

MAN Energy Solutions' Subsea Compressors for Chevron's Jansz-Io Project in Australia

Aug 31, 2021

Norwegian firm Aker Solutions has awarded MAN Energy Solutions the contract to supply subsea compressor units for Chevron's Jansz-Io Compression (J-IC) Project offshore Western Australia.The Jansz-Io field was first discovered in April 2000 and is a part of the Gorgon project…

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