Offshore Australia/NZ News - page 45

 

Australia's Explorers Step Up Oil Hunt

Oct 01, 2019

Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low.A successful hunt for liquids could eventually beef up fuel security in Australia…

Polarcus Gets Prefunding for Australia Survey

Oct 01, 2019

Polarcus said it has secured high industry prefunding for a multi-client XArray project in Australia.The project will commence in the fourth quarter of 2019 with an approximate duration of two months.

Barossa FID Expected in Early 2020

Sep 27, 2019

Santos, a partner in the Barossa offshore gas and light condensate development offshore Australia, said the project is moving toward a final investment decision (FID) early next year following operator ConocoPhillips awarding the gas export pipeline contract to Dutch contractor Allseas…

Santos, BP Win Western Australia Acreage

Sep 27, 2019

Santos said it has been awarded new acreage offshore Western Australia, in a 50-50 joint venture with BP.Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin…

Montara Umbilical Cables Replaced

Sep 26, 2019

Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…

Australia Reviewing Equinor Environmental Plan

Sep 20, 2019

Australian authorities say they have resumed assessing the environmental plan for Equinor's proposed exploration drilling activity in the Great Australian Bight after the Norwegian energy company provided additional information requested as part of the review…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

ExxonMobil Looks to Sell Australian Assets

Sep 18, 2019

Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.The sale could fetch up to $3 billion…

Cooper Awarded Otway Basin Exploration Permit

Sep 17, 2019

Cooper Energy said it has been awarded the offshore exploration permit VIC/P76 located in the Otway Basin, offshore Victoria.VIC/P76 comprises an area of 162 square kilometers in water depths ranging from 60 meters to 70 meters. Commercial gas discoveries surround the permit…

SeaBird Tallies Australasia Survey

Sep 11, 2019

Marine seismic surveyor SeaBird Exploration said it has been awarded a contact to acquire 2D seismic data in the Australasia region. The survey is due to commence during the fourth quarter of 2019 and is estimated to run for approximately three to four months plus mobilization…

Woodside Looks to Sell Gas Assets

Sep 10, 2019

Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…

Xodus Hires Rivers

Sep 10, 2019

Energy consultancy Xodus Group said it has appointed Stephen Rivers as Subsea & Pipelines Manager for Asia-Pacific as the company targets strategic growth and new projects in the region. He will be based in in Perth, Australia.Rivers’ previous…

Cooper Finds Gas in Annie-1

Sep 06, 2019

Cooper Energy announced on Friday that it has found new gas in the Annie-1 exploration well in the Otway Basin offshore Victoria, marking the first new offshore discovery in the basin in 11 years.Annie-1, located in VIC/P44 approximately 9 kilometers offshore Victoria in a water depth of 58 meters…

Carnarvon Says Dorado-3 Confirms Reserves

Sep 03, 2019

Oil and gas explorer Carnarvon Petroleum Ltd said on Wednesday that drilling results from the Dorado-3 appraisal well in Western Australia confirmed oil and gas reserves.The wireline logging well has successfully confirmed a hydrocarbon bearing reservoir within the Caley…

Woodside Resumes Vincent Exports

Sep 03, 2019

Woodside Petroleum has offered the first Vincent crude cargo for export since production resumed at the $1.9 billion Greater Enfield project off western Australia, two trade sources with direct knowledge of the matter said on Tuesday.Output at the Vincent field…

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