Woodside has signed signed a liquefied natural gas (LNG) Heads of Agreement with Türkiye’s Boru Hatları ile Petrol Taşıma (BOTAŞ) to will approximately 5.8 billion cubic meters natural gas equivalent of LNG for up to nine years starting from 2030…
BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…
Santos is always prepared to consider any takeover offers for the company, the Australian gas producer's CEO Kevin Gallagher said on Friday, adding he would like to stay as CEO as long as he has the support of shareholders and the board.An $18…
International consortium, led by Abu Dhabi's National Oil Company (ADNOC), has withdrawn its indicative $18.7 billion offer to acquire Australian oil and gas producer Santos.The consortium, led by ADNOC’s investment arm XRG, said it will not proceed with a binding offer for Santos…
Australia's Victoria state has postponed its inaugural auction for offshore wind farm funding, citing global investment hurdles, in a setback to an industry deemed vital to the country's transition from coal-fired power to renewable energy.The…
Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 'strict' new rules in a bid to limit its environmental impact.The decision to extend…
Woodside Energy has signed a sale and purchase agreement (SPA) with Petronas for the supply of 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years.The milestone marks the successful…
ConocoPhillips Australia has confirmed a natural gas discovery at its Essington-1 exploration well in the Otway Basin, marking the first find in the basin since 2021.The well, located in permit VIC/P79 about 53 km offshore Port Campbell and 12 km from existing production infrastructure…
Fugro has completed a site investigation job for Ørsted at a future offshore wind farm landing site along Victoria’s eastern coastline in Australia.The project featured the first onshore deployment of Fugro’s patented Heat Flow Module (HFM) CPT probe…
Australian oil and gas company Karoon Energy has initiated the multi-million dollar revitalization and life extension scheme as part of the Baúna project, comprising Baúna, Piracaba and Patola fields, offshore Brazil.Karoon has reassessed the Reserves and Contingent Resources for the Baúna project…
Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…
Norwegian subsea services firm Reach Subsea has sent off its Uncrewed Surface Vessel (USV) Reach Remote 2 to Australia to deliver services for Woodside Energy.The Reach Remote 2 USV will perform reservoir monitoring on the Scarborough gas field…
Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…
Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…
Esso Australia, ExxonMobil’s Australian subsidiary, has started drilling for the nearly $200 million Kipper 1B project, which will bring online much-needed additional gas supply from the Gippsland Basin.The project is using Valaris’ VALARIS…
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