Offshore Australia/NZ News - page 5

 

Australia Backs Long-Term Gas Drilling Despite 2050 Climate Goals

May 10, 2024

Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners.Australia is one of the world's largest exporters of liquefied natural gas (LNG)…

CIP Bags Two Licenses for 4.4GW Offshore Wind Farms in Australia

May 02, 2024

Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Funds, has been awarded two licenses for the development of offshore wind projects in Australian state of Victoria, whose combined capacity is up to 4.4 GW.CIP has secured exclusivity…

Mainstream Renewable Power Welcomes Australia’s 2.5GW Offshore Wind License

May 02, 2024

Mainstream Renewable Power, as part of the Gippsland Skies Offshore Wind consortium, has secured a feasibility license from the Australian government for a fixed-bottom 2.5 GW offshore wind project off the Gippsland region of Victoria.The feasibility…

Ørsted Secures First and Lines Up Second Multi-GW Offshore Wind License in Australia

May 02, 2024

The Australian government has granted a feasibility license for Ørsted’s first offshore wind project in Australia and intends to grant a license for a second project, subject to consultation. The combined potential capacity of the two projects stands at 4…

Australia Grants Feasibility Licenses for Offshore Wind Farms

May 01, 2024

Australia on Wednesday gave the go-ahead for six projects to study the feasibility of building wind farms in waters off its southern coast as it looks to ramp up renewable energy to meet its net zero emission target by 2050.Six others could…

Dorado Project Offshore Australia on Track to Being FID-Ready by End of 2024

Apr 29, 2024

One of the largest offshore oil discoveries in Western Australia, the Dorado Project, has made ‘significant’ progress towards towards the Final Investment Decision (FID)-ready target for the end of 2024, set by Dorado joint venture partners Santos…

Deal in Place for 1GW+ Offshore Wind Farm in Southeast Australia

Apr 24, 2024

Alinta Energy and JERA Nex, through its wholly owned subsidiary Parkwind, have agreed to join forces to develop the 1GW+ Spinifex Offshore Wind Farm in the Southern Ocean Region Declared Area in South West Victoria.Under the agreement Alinta Energy and JERA Nex…

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Apr 17, 2024

Following a global contract procurement process, the Sunrise joint venture partners including Timor Gap, Woodside Energy and Osaka Gas Australia, have appointed Wood Australia on a Greater Sunrise concept study.The study will be led by Wood…

Allseas Makes Progress on Santos’ Barossa Gas Export Pipeline in Australia

Apr 16, 2024

Offshore installation contractor Allseas has made progress on the installation of the pipeline for Santos’ Barossa Gas Export Pipeline (GEP) project offshore Australia.Allseas’ Audacia pipelay vessel has installed her largest ever PLET in S-mode…

Woodside Cancels Sale and Retains Ownership of Macedon and Pyrenees Assets

Apr 11, 2024

Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…

Beach Energy to Let Go 30% of Workforce Amid Strategic Review

Mar 28, 2024

Australian oil and gas company Beach Energy has set out plans to lay off 30% of workforce across its business as part of a comprehensive strategic review which aims to deliver increasing returns to shareholders and increase efficiency.The first…

Beach Energy’s Otway Offshore Gas Victoria Up for Public Input

Mar 19, 2024

Australian regulator NOPSEMA has opened a nine weeks public consultation period for Beach Energy’s Otway Offshore Gas Victoria project proposal.The project is located approximately 20 km south of the Victorian mainland and 40 km west of Tasmania (King Island) at its closest points…

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…

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Feb 23, 2024

Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…

Woodside Welcomes First Modules for Scarborough Gas Project

Feb 21, 2024

The first three Pluto Train 2 modules for the Scarborough energy project have arrived in Karratha in  Western Australia, marking a significant milestone for the Woodside Energy’s gas development.The modules, fabricated by Bechtel in Indonesia…

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