Bass Strait News

 

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, it has been determined that development of the Bass Basin discoveries - Trefoil, Bass, White Ibis and Yolla West - will not utilize any optional slots as…

Allseas Set to Embark on Australia’s Largest Ever Decom Job

Dec 19, 2024

Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…

Australia Declares Sixth Offshore Wind Zone

Dec 15, 2024

The Australian Government has declared a new offshore wind zone in Bass Strait, north of Tasmania.Tasmania has some of the best wind resources in the world. Bass Strait has been named as one of the top options for offshore wind energy generation…

Australia Grants Major Project Status for Gippsland Dawn Offshore Wind

Nov 06, 2024

BlueFloat Energy’s Gippsland Dawn offshore wind project has been granted Major Project Status (MPS) by the Australian Government, one of 16 diverse projects nationwide to receive this recognition and only the second offshore wind projects being developed to hold this status…

Esgian Week 36 Report: New Contracts Awarded in India, Guyana and West Africa

Sep 08, 2024

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…

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…

RWE Secures Offshore Wind Site in Australia

Jul 18, 2024

RWE has been granted a feasibility licence from the Australian Government for the development of an offshore wind farm close to the Kent Group islands in the Bass Strait, off the Gippsland coast in the state of Victoria. This area is Australia’s first designated offshore wind zone…

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 Revenue Falls on Lower LNG, Oil Prices

Apr 18, 2024

Woodside Energy posted a fall in first-quarter revenue on Friday compared with the previous three-month period due to lower realised oil and liquefied natural gas prices and flagged declining production volumes at some of its major projects…

Orbital to Supply Floating Tidal Energy Turbine for Washington State Project

Mar 13, 2024

Orbital Marine Power, a Scottish renewable energy company focused on the deployment of its pioneering floating tidal turbine, has been confirmed as the technology partner for Orcas Power & Light Cooperative (OPALCO)’s proposed site off Blakely Island in Rosario Strait…

Decom Engineering Enters Australia with Triple Contract Win

Mar 08, 2024

Northern Ireland-based Decom Engineering has secured three decommissioning contracts worth over $635,000, marking its entry to the Australian decommissioning sector and strengthening its position in the Asia Pacific region.The decommissioning…

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

Feb 23, 2024

2023 was the first year of real recovery for owners in the offshore supply market and yet we have barely skimmed the surface of what’s to come.The market is still on an upward trajectory with charter rates accelerating month-by-month, availability changing day-by-day…

Oil Prices Rise Over 2.5% After US-UK Strikes in Yemen

Jan 12, 2024

Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…

Shearwater, Petrobras Team Up to 'Reshape' Seismic Exploration

Nov 22, 2023

Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments.This multi-year strategic partnership is…

Petronas Launches Offshore Seismic Survey to Explore Langkasuka Basin

Nov 15, 2023

Malaysia's Petronas said Wednesday it had undertaken a new offshore multi-client 2D seismic survey in the northern area of the Straits of Melaka (Straits of Malacca) to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 of the Langkasuka Basin…

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