Offshore Australia/NZ News - page 4

 

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 and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Jul 11, 2024

Australian oil and gas giant Woodside has signed a sale and purchase agreement (SPA) with CPC Corporation for the long-term supply of liquefied natural gas (LNG) to Taiwan.Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years…

Wood Secures Engineering Work on Shell’s Prelude FLNG Unit

Jul 09, 2024

Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…

Aramco Denies Media Reports of Potential Offer for Santos

Jul 05, 2024

Saudi Aramco said in an emailed statement on Thursday that media reports saying it was considering an offer for Santos are inaccurate.Bloomberg News on Wednesday reported that Saudi Aramco and Abu Dhabi National Oil Company have been separately considering bids for Australian gas producer Santos…

Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Skeptical

Jul 04, 2024

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending shares of the Australian gas producer up 6.5% on Thursday.Both Saudi Aramco and ADNOC have been conducting…

Chevron Australia Starts Repair Work on Wheatstone Offshore Gas Platform

Jun 13, 2024

Chevron has commenced repair activities on its Wheatstone platform in Australia and the work is expected to be completed in the coming weeks, a spokesperson said on Thursday.'LNG (liquefied natural gas) and domestic gas production will resume following the safe completion of repair works…

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…

Transocean Scoops $161M in Contract Extensions for Harsh Environment Semisubs

Jun 04, 2024

Offshore drilling contractor Transocean has secured contract extensions for three of its harsh environment semisubmersibles, worth approximately $161 million.In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor…

Australian Court Orders Santos to Pay $1.8M in Penalties

Jun 04, 2024

The Federal Court ordered Santos to pay A$2.75 million ($1.83 million) in penalties for breaching auction record-keeping obligations under the National Gas Rules, Australia's second largest energy producer said on Tuesday.In October 2023, the…

Prosafe’s Safe Boreas Flotel Up for Deployment Offshore Australia

May 30, 2024

Offshore accommodation rig provider Prosafe has been issued a Conditional Letter of Intent (CLoI) for the Safe Boreas semi-submersible accommodation rig to provide gangway connected operations to support a project off the coast of Western Australia…

Woodside Gets $1B Loan to Fund Scarborough Gas Project

May 30, 2024

Australian oil and gas giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to support the development of Scarborough gas project offshore Australia.The loan agreement further strengthens Woodside’s balance sheet…

Helix Energy Solutions on Track to Complete Decom Work for Cooper Energy

May 27, 2024

Houston-based offshore services firm Helix Energy Solutions is wrapping up the multi-well decommissioning operation for Cooper Energy on the Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia.According to Cooper Energy…

Expro Wraps Up Five-Well Subsea Job in Australia

May 20, 2024

U.S.-based oilfield services provider Expro has completed a five-well subsea job in Australia, marking also a milestone in using its SeaCure cementing technology.Expro completed the 100th SeaCure as part of a project in Australia consisting of a five-well subsea batch campaign…

Australia's Carnarvon Energy Seeks Bids for Company or Asset Sale

May 17, 2024

Australian oil and gas explorer Carnarvon Energy is seeking a buyer for the company or its assets, including its share in the Dorado oil field co-owned with local producer Santos, a document prepared by adviser JPMorgan showed.The company's strategic review…

TechnipFMC Nets Woodside Energy’s Pluto LNG Contract

May 14, 2024

Oilfield services company TechnipFMC has secured a ‘significant’ integrated engineering, procurement, construction, and installation (iEPCI) contract from Woodside Energy to support ongoing production at Pluto LNG project in Australia.TechnipFMC will design…

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