"Australia" News

Wood Group wins Timor-Leste gig

Dec 08, 2015

Wood Group has won a new, multi-year contract with ConocoPhillips in Australia for brownfield engineering services to the Bayu-Undan field, in the Timor Sea, south west of Timor-Leste, and the Darwin liquefied natural gas (LNG) plant at Wickham Point…

Chevron to pay millions in Auz taxes

Oct 23, 2015

In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…

Hibiscus in Hydra takeover

Nov 11, 2015

Malaysia-based Hibiscus Petroleum and Australia’s Hydra Energy entered into a deal that will see Hibiscus acquire 100% of the outstanding shares of Hydra Energy at “fair market value.” The addition of Hydra Energy and its portfolio of…

Investigating the deep

Nov 01, 2015

Heather Saucier speaks with Mark Randolph and Susan Gourvenec, professors at the University of Western Australia’s Centre for Offshore Foundation Systems, about deepwater geotechnical challenges, such as complex carbonates found off the coast of Australia…

INPEX's Ichthys CPF launched

Sep 24, 2015

Japan's INPEX has launched the central processing facility (CPF) for its US$34 billion Ichthys LNG Project offshore Australia. The CPF, billed as the world's largest semisubmersible by INPEX, was launched from Samsung Heavy Industries' offshore floating dock in Geoje…

Chevron to jointly explore Australian Bight

Sep 15, 2015

Chevron is partnering with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to investigate unexplored deepwater regions in the Great Australian Bight, in the first commercial partnership to operate the marine research vessel RV Investigator…

Subsea 7 inks Ichthys contracts

Jul 03, 2015

Subsea 7 has been awarded four contracts by Chevron Australia and INPEX Operations Australia for the engineering, procurement and construction of an emergency pipeline repair system (EPRS) to be used offshore Australia. This EPRS project consists of developing a process of repair…

Technip, Samsung awarded Browse FLNG FEED

Jul 03, 2015

Technip Samsung Consortium has been named as the front-end engineering contract for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside. The Browse project will comprise three FLNG units, used to develop the Brecknock…

Woodside's Browse FLNG enters FEED

Jul 01, 2015

After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…

APPEA: Industry focus needed on costs, competiveness

May 20, 2015

The oil and gas industry needs to focus on cost and competitiveness to thrive in the current low-oil-price environment, says Australian Petroleum Production & Exploration Association (APPEA) Chairman Martin Ferguson. His comments were echoed by Roy Krzywosinski…

Auz 2015 offshore lease sale announced

May 19, 2015

Australia has total of 29 offshore blocks across eight basins up for bid that the government is offering up to investors in its annual Offshore Petroleum Exploration Acreage Release. Map of the Browse basin…

MEO receives NT/P68 extension approval

May 13, 2015

The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd.  Permit year 5 will now end 26 October, plus give…

Chevron adds to Gorgon gas finds

Apr 30, 2015

Chevron Australia made an additional gas discovery at the Greater Gorgon Area in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well found about 134m of net gas pay in the Triassic Mungaroo Sands in 968m water depth…

Mexico on the global stage

Apr 09, 2015

Rystad Energy’s Senior Analyst Bielenis Villanueva Triana ranks Mexico’s exploration competitiveness as compared to other global prospective areas. Fig. 1: Mexico’s petroleum provinces which have proven hydrocarbon potential…

CO2 storage site hunting offshore Auz

Mar 19, 2015

The Duke, owned and operated by the Gardline CGG joint venture, has been selected by Geoscience Australia to acquire the Gippsland 2D Infill marine seismic survey offshore Victoria, Australia. Preparation for the project is underway and the expected start date is on 6 April 2015…

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