Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…
Chevron's subsidiary Chevron Australia Downstream has completed the acquisition from Puma Energy Asia Pacific B.V. of all shares and equity interests of Puma Energy (Australia) Holdings Pty for the amount of AU$425 million (USD 294,7 million)…
U.S. oil company ConocoPhillips has completed the sale of its Australia-West assets and operations to Australia's Santos.The two companies in October 2019 struck a deal for Santos to acquire ConocoPhillips’ northern Australia business with operating interests in Darwin LNG…
Australian energy services company Worley has secured an extension to an existing services contract with Chevron Australia.Under the contract, engineering and procurement services will be provided to support Chevron's Australian assets, including the Gorgon project…
ConocoPhillips Australia is nearing completion of the previously proposed acquisition of majority interest in the offshore Tasmanian Permit T/49P from 3D Oil.First announced in December 2019, the deal entailed ConocoPhillips acquiring a 75 percent stake…
Malaysian FPSO specialist Bumi Armada's claim against Australia's oil firm Woodside for a 2016 FPSO contract termination has been dismissed in court.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…
Inpex Corp, Japan's top oil and gas company, wants to expand in Australia at its Ichthys liquefied natural gas (LNG) plant and through potential acquisitions, as part of a plan to become a major regional gas company, its Australian boss said…
Australia is on track to surpass Qatar as the world’s largest LNG exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS).Australia already surpasses Qatar in LNG export capacity and exported more LNG than Qatar in November 2018 and April 2019…
World's largest solar project proposed in Australia, connected to South East Asia via subsea cable.Singapore-based Sun Cable has proposed a 10 GW solar farm near Tenant Creek in Australia, with facilities to export electricity via a subsea High…
East Timor and Australia are set to ratify a maritime border treaty, which regulates how the two countries will share revenue from the offshore Greater Sunrise natural gas field, later this year, East Timor's foreign minister said.Dionisio Babo…
Australia is all set to become the world’s largest producer of liquefied natural gas (LNG) next year and to retain that position until 2024, when Qatar will reclaim the top spot, said a report by Rystad Energy'“Australia has no intention of relinquishing its hard-earned LNG crown without a fight…
Australia's Woodside Petroleum said on Monday it had evacuated all personnel from offshore production platforms off Western Australia ahead of Cyclone Veronica, and was operating the North West Shelf LNG and Pluto LNG plants on skeleton staff…
Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices.Australia is far from the first country to find itself with an energy issue…
2019 is set to be the biggest year for constructed and commissioned utility Photovoltaics (PV) (2200 MW), wind (2400 MW) and storage (100 MW) in Australia, said Rystad Energy in its forecast for the utility scale PV, wind and storage to be constructed and commissioned for Australia to 2020…
Wood and KBR,Inc. have secured a new multimillion dollar contract to deliver integrated front-end engineering design (FEED) for Shell Australia’s Crux project to build a not normally manned (NNM) platform and gas export pipeline located approximately 600km north of Broome…