Australasia
News
October 12, 2016
Searcher Seismic has commenced acquisition of the 11,000 km Hahonua 2D seismic survey offshore Papua New Guinea.
News
October 11, 2016
BP has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last frontier regions and before it could drill a single well.
News
October 07, 2016
Karoon Gas Australia has been awarded a license for exploration permit EPP46. The permit covers 17,793 km2 of Australia’s most active and prospective frontier oil province, the Ceduna sub‐basin, in the Great Australian Bight (GAB), offshore South Australia.
News
October 03, 2016
INPEX, Japan’s largest E&P company, has awarded Amec Foster Wheeler a consultancy contract for the Ichthys LNG project in Australia.
News
September 22, 2016
Papua New Guinea is backing a new greenfield liquefied natural gas facility led by France’s Total SA, in addition to an expansion of the existing $19-billion Exxon Mobil Corp. PNG LNG project.
News
September 22, 2016
CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the northern Carnarvon basin on the North West Shelf of Western Australia is available now.
News
September 12, 2016
The INPEX-led Ichthys LNG project has reached a key milestone with both its central processing facility (CPF) and FPSO facility safely starting up their main power generators in the South Korean shipyards where they are being constructed.
News
September 09, 2016
Bengal Energy has announced that the first four wells of the Cuisinier 2016 five well drilling campaign have been cased as future oil producers in the Murta horizon.
News
September 09, 2016
Frank Calabria, who was named Friday as Origin Energy Ltd.’s new CEO, said he’ll focus on paying down a A$9-billion ($6.8-billion) debt pile and consider more asset sales when he takes over from Grant King next month.
News
September 08, 2016
Shell Australia has chosen Emerson to provide automation maintenance and reliability services for Shell’s Prelude FLNG facility.
News
September 05, 2016
Woodside Petroleum may look to funnel gas from Scarborough field off Western Australia to one of its existing LNG plants after agreeing to a $400-million deal to buy half of BHP Billiton Ltd.’s stake in the remote offshore resource.
News
September 02, 2016
When it comes to natural gas, Exxon Mobil Corp. believes in playing the long game.
News
August 26, 2016
Zilift, a developer of permanent magnet technologies for artificial lift applications, has signed an agreement with Auscoil, an oilfield services solutions provider for the Australian Coal Seam Gas (CSG) industry.
News
August 23, 2016
Oil Search Ltd. said development of a second standalone LNG export terminal in Papua New Guinea is unlikely with Exxon Mobil Corp. and Total SA expected to favor cooperation to expand the existing PNG LNG project.
News
August 19, 2016
Woodside Petroleum Ltd. expects lower LNG prices as it renegotiates short-term contracts and says buyers across Asia will increasingly resist deals that restrict the reselling of the super-cooled fuel.
News
August 18, 2016
Cooper Energy Limited has announced the recommencement of drilling by the PEL 92 joint venture with the spudding of Callawonga-12, an oil development and appraisal well located in PPL 220 on the western flank of the Cooper basin, South Australia.
News
August 17, 2016
After spending billions of dollars constructing a world-class LNG export project in Australia, Santos Ltd. has found itself short of gas.
News
August 16, 2016
The market for LNG is about to attract more players and more trading as new supply from the U.S. and Australia strengthens buyers’ bargaining power.
News
August 14, 2016
Santos Ltd. will take a $1.05-billion writedown on the value of its Gladstone LNG project due to rising prices for third-party natural gas supplies and slower than expected ramp up of its own equity output.
News
July 27, 2016
Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia.
News
July 26, 2016
InterOil Corp.’s founder and third-largest investor said Exxon Mobil Corp.’s $3.6-billion offer for the South Pacific natural gas driller is “vastly inadequate” and he urged Exxon to sweeten the offer.
