Offshore Australia/NZ News - page 23


Australia: Melbana Energy Gets Offshore Block with 2005 Oil Discovery Included

Feb 16, 2022

Australian oil and gas company Melbana Energy has been granted petroleum exploration permit AC/P70, located in the Territory of Ashmore and Cartier Islands, for an initial period of six years. Melbana made an application for this permit under…

Santos Drilling Ahead at Pavo-1 Site Offshore Australia

Feb 15, 2022

Australian oil and gas company Santos is drilling ahead at its Pavo-1 well, off W. Australia, after last week's spud using the Noble Tom Prosser jack-up drilling rigThe Pavo-1, operated by Santos (70%) with Carnarvon as partner (30%) is targeting…

Heerema's Giant Crane Vessel Sleipnir to Install LNG BCM on INPEX's Ichthys Explorer Platform

Feb 11, 2022

Dutch offshore installation company Heerema Marine Contractors has been selected by Japan's INPEX as a contractor of choice for the transport and installation of the 4,800 metric ton Ichthys LNG Booster Compression Module (BCM), offshore W. Australia…

Five-year Charter: MMA Offshore's Platform Supplier Extends Stay at Inpex's Ichthys Field

Feb 10, 2022

Australian offshore support vessel operator MMA Offshore has secured a contract extension with Inpex for its MMA Brewster platform supply vessel.The contract, with Inpex's Australian subsidiary INPEX Operations Australia, is worth A$68 million (USD 48…

Rig in Place - Santos to Spud Pavo-1 Well Targeting 82 Million Barrels

Feb 09, 2022

Australian oil and gas company Santos is set to start drilling the Pavo-1 well, offshore W. Australia, as the Noble Tom Prosser jack-up drilling rig has reached the well site and completed pre-drill preparations.The Pavo-1, operated by Santos…

DOF Subsea Bags Three-year MPSV Charter with Exxon in Australia

Feb 04, 2022

ExxonMobil has awarded a long-term contract to offshore vessel owner DOF Subsea for the provisions of multi-purpose supply vessel services in Australia.The contract is for three years firm plus two one-year extension options. Under the contract…

Meridian Capital Rejects 'Wholly inadequate' Samuel Terry's Bid for FAR Ltd.

Feb 04, 2022

Meridian Capital International Fund, a 19.28% shareholder of Africa-focused oil explorer FAR Limited, has rejected the takeover bid for Far launched earlier this week by Samuel Terry Asset Management.Earlier this week, Samuel Terry Asset Management…

Santos Set to Spud Pavo-1 Well Offshore Australia

Feb 04, 2022

Australian oil and gas company Carnarvon Energy said Friday that the Noble Tom Prosser jack-up drilling rig was on its way to the Pavo-1 well location, offshore W. Australia.Santos is the operator of the project, and Carnarvon is a partner with a 30% interest…

Western Gas Targets 2Q Spud Date for 'High-impact' Sasanof-1 Well as All Regulatory Approvals Granted

Feb 03, 2022

Australian oil and gas company Western Gas expects to spud its 'high-impact' Sasanof-1 exploration well on the North West Shelf offshore Australia in the second quarter of 2022. The company said Thursday it had received all the necessary regulatory approvals for the drilling operation…

Australia: Pilot Energy, Triangle Energy Terminate Proposed Farm-out and Cliff Head Solar, Wind JV

Feb 02, 2022

ASX-listed oil and gas company Pilot Energy Limited said Tuesday its proposed agreements with Triangle Energy to farm out a part of a block off W. Australia and create a solar and wind joint venture would not go ahead as the Australian regulators have refused to grant the necessary approvals…

Takeover Offer Launched for Oil and Gas Firm FAR

Jan 31, 2022

Samuel Terry Asset Management Pty Ltd has launched a takeover offer for W. Africa-focused oil and gas company FAR.Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund launched an offer to acquire FAR’s shares at 45c cash per share…

Santos Hires Shearwater for Seismic Surveys Off W. Australia

Jan 26, 2022

Marine seismic survey services contractor Shearwater GeoServices has secured contracts for two multicomponent surveys offshore Western Australia with the oil and gas company Santos.The two-month program covers the Keraudren North Extension with an area of approximately 680 sqkm in the Bedout Basin…

Carnarvon Energy Timor Sea Well Result 'Disappointing and Hugely Surprising'

Jan 24, 2022

Australian oil and gas company Carnarvon Energy said Monday its closely watched Buffalo-10 well in Timor Sea had failed to unearth commercial volumes of oil.The company said that the wireline logging operations have been completed with the oil column deemed to be residual and uncommercial…

Australia: Santos Bullish on Prices after Reaping Record Revenue

Jan 21, 2022

Australian gas producer Santos Ltd booked record sales revenue for 2021, pumped up by soaring oil and gas prices, and expects to reap big gains following its $6.2 billion takeover of Oil Search amid a surging energy market.After approaching Oil Search with an offer in the middle of last year…

Woodside to Hike Capital Spending as Its Advances Oil & Gas Projects in Australia, Senegal

Jan 20, 2022

Woodside Petroleum expects to hike its capital spending by about a third to $4 billion in 2022, as it advances oil and gas growth projects in Western Australia and Senegal as well as steps up efforts to start producing hydrogen.After booking record quarterly sales revenue on soaring LNG prices…

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