Australasia
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.
News
July 25, 2016
Falcon Oil & Gas Ltd. has announced the successful re-entry and casing of Amungee NW-1H horizontal well, and the spudding of the Beetaloo W-1 vertical well in the Beetaloo basin, Australia.
News
July 21, 2016
Exxon Mobil Corp. agreed to buy natural gas explorer InterOil Corp. for as much as $3.6 billion to acquire discoveries in Papua New Guinea that will feed the buyer’s existing gas-export plant.
News
July 21, 2016
Exxon Mobil Corp. has a clear path to expanding its reach in Papua New Guinea after its rivals said they wouldn’t counter a $2.5-billion bid for gas explorer InterOil Corp.
News
July 17, 2016
Exxon Mobil Corp. has offered a superior bid for InterOil Corp., according to Oil Search Ltd., which is also in the running for large natural gas reserves in Papua New Guinea and the possibility to export the fuel from the Pacific nation.
News
July 13, 2016
Exxon Mobil Corp. made an indicative takeover proposal for InterOil Corp. that topped a competing $2.2-billion bid for the owner of trillions of cubic feet of natural gas discoveries in Papua New Guinea, a person with knowledge of the matter said.
News
July 12, 2016
Searcher Seismic’s Olympus 3D Reprocessing Project in the Carnarvon basin, Western Australia, has commenced processing at DownUnder GeoSolutions’ Perth facility.
News
July 01, 2016
Chevron Corp. halted output at its $54-billion Gorgon LNG development for the second time this year after a gas leak at the site, the latest problem for the Australian mega-project.
News
June 29, 2016
TGS has announced the commencement of the Northwest Shelf Renaissance 2D seismic survey offshore northwest Australia. The survey consists of approximately 8,000 km of long offset, broadband 2D seismic data as well as magnetic and gravity data.
News
June 27, 2016
Woodside and Mitsui E&P Australia have approved the $1.9-billion Greater Enfield Project for development.
News
June 16, 2016
They’re among the oldest oil fields in Australia still in production. Now they are proving superfluous to some of the world’s biggest producers that are purging high-cost assets to weather crude’s collapse.
News
June 15, 2016
Exxon Mobil Corp. and BHP Billiton Ltd. are studying plans to sell depleting energy assets in Australia, including the largest oil field ever discovered in the nation.
News
June 10, 2016
Oil Search Ltd., the energy producer that agreed to acquire fellow Papua New Guinea explorer InterOil Corp. for $2.2 billion, is betting it can overcome a languishing LNG market to deliver another export project by beating rivals on costs.
News
June 01, 2016
Aqualis Offshore, a marine and offshore engineering consultancy, has signed a contract to provide position keeping services for the installation of the Ichthys LNG Project FPSO.
News
May 25, 2016
Santos said Thursday that GLNG train 2 has started producing liquefied natural gas (LNG) on Curtis Island, Queensland.
News
May 20, 2016
Total and Oil Search will divide the Papua New Guinea assets of InterOil Corp. in a two-step deal as global energy companies seek to expand the Pacific nation’s LNG exports.
News
May 18, 2016
New liquefied natural gas projects in Australia, which is forecast to become the world’s largest exporter of the fuel, may need to set aside supplies for domestic use under a policy proposed by the opposition Labor Party.
News
May 11, 2016
SYDNEY, Australia -- AWE Limited said Wednesday that it has received an unsolicited indicative, conditional and non-binding proposal from Lone Star Japan Acquisitions, Ltd, on behalf of a Lone Star Fund, to acquire all of the shares in AWE for a cash consideration of A$0.80 per share.
News
May 11, 2016
Technip has been awarded an engineering services contract by Woodside to provide multi-disciplinary engineering services as part of an engineering panel.
News
May 06, 2016
Chevron Australia said Thursday that Nigel Hearne, deputy managing director of Chevron Australia and its Australasia Business Unit (ABU), will become managing director of the ABU on June 1, 2016.
News
April 19, 2016
WellDog announced today that it has inked exclusive, multi-year contracts worth about A$35 million through its Artificial Lift business unit based in Toowoomba, Queensland.
