Australia

News
May 04, 2015
WorleyParsons Ltd., Australia’s largest oil services business, said second-half earnings will fall about 50% from the first half as it cuts 2,000 jobs and reduces work due to falling commodity prices.
News
April 30, 2015
The Government of Barbados and BHP Billiton have signed exploration licences for two offshore blocks, Carlisle Bay and Bimshire.
News
April 28, 2015
Five years after the Gulf of Mexico oil spill poured millions of barrels of crude into the sea, BP is being challenged over its hunt for oil in the pristine waters off southern Australia.
News
April 23, 2015
BP expects to start drilling an untapped oil frontier off the coast of southern Australia later than it had estimated, citing the potential for a delay in the delivery of the rig.
News
April 13, 2015
Polarcus has reached the 50% completion milestone in the acquisition of the Capreolus 3D multi-client project, the largest single 3D survey ever acquired offshore Australia, the company announced Monday.
News
April 13, 2015
Delmar Systems has installed a new 170 mT state-of-the-art spooling unit at its equipment yard in Karratha, Western Australia, to support mooring-related operations.
News
April 10, 2015
Petrofac has been awarded an Integrity and Maintenance Program Development contract by Inpex for the Ichthys LNG Project.
News
April 09, 2015
Apache Corporation has signed an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management for cash payment of $2.1 billion.
News
April 08, 2015
Royal Dutch Shell is seeking an outlet for its natural gas reserves in Australia’s Queensland state. Its $70 billion purchase of BG Group provides a solution.
News
April 08, 2015
Woodside Petroleum's Pyxis-1 exploration well, in production license WA-34-L, has intersected approximately 18.5 m of net gas within its Jurassic sandstone target, the company announced Wednesday.
News
April 06, 2015
Polarcus has secured further industry prefunding, enabling the expansion of its Capreolus 3D project northward, the Dubai-based company announced last week.
News
April 02, 2015
Apache Corp. announced Thursday that it had completed the sale of the Wheatstone LNG project and accompanying upstream oil and gas reserves to Australia's Woodside Petroleum for total proceeds of $2.817 billion.
News
March 27, 2015
Chevron Corp. withdrew from a natural gas exploration venture in central Australia, as the second-biggest U.S. energy producer curtails spending.
News
March 20, 2015
Global Maritime Deep Sea Mooring unit has announced a $770,000 million (AU$ 1 million) investment with local manufacturer Green Monster Offshore (GMO) for two state-of-the art remote operated spooling winches to support offshore pre-lay mooring operations.
News
March 20, 2015
PERTH, Australia -- Woodside has successfully restarted production at its Pluto LNG plant, the company reported Friday.
News
March 16, 2015
Woodside has temporarily shut-in production at its Pluto LNG Plant in Western Australia, the company announced Monday.
News
March 13, 2015
Texas LNG, a closely held company planning a $1.3 billion liquefied natural gas project in the U.S., has started talks with potential customers, targeting companies in Eastern Europe, Latin America and Asia.
News
March 12, 2015
Chevron Australia has awarded DOF Subsea Asia Pacific a three year Master Services Agreement, IMR contract to work on projects on the Australian North West Shelf.
News
March 10, 2015
Beach Energy has reported a new Birkhead formation oil discovery at Stanleys-1 in PRL 171 and provided initial results from the first development well of the second Bauer field pad drilling campaign.
News
March 09, 2015
Tap Oil Limited has been awarded 100% of Blocks W14-7 and W14-16 in the prospective Barrow and Dampier sub-basins on Australia’s North West Shelf.
News
March 06, 2015
GE has announced the official opening of a new oil and gas facility in Broome, Western Australia, specifically designed to service subsea projects.
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