News
February 05, 2024
Australia’s oil and gas industry has called on the government to use the Federal Budget to urgently unlock new gas supply to avoid forecast shortages, put downward pressure on prices and secure the economic and emissions reduction benefits of the country's abundant natural gas resources.
News
January 26, 2024
The subsea infrastructure development project included engineering, procurement, construction and installation (EPCI) of umbilicals, risers and flowlines (URF), a subsea production system comprised of a new 7-inch (approximately 18 centimeters) vertical Christmas tree (VXT) system, all forming a subsea well gathering system (GS4) tied back to the existing Ichthys Explorer central processing facility.
News
January 24, 2024
Perth-based Woodside forecasts production of 185 MMboe to 195 MMboe in 2024, of which about 45% of output will be LNG.
News
December 18, 2023
The Barossa Development Drilling and Completions Environment Plan (EP) was accepted by the regulator, the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) on Friday, Dec. 15, 2023.
News
December 07, 2023
The Santos-Woodside discussions also illustrate the growing importance of liquefied natural gas (LNG) to the industry, as executives expect the fuel to be needed for decades in Asia as part of the energy transition.
News
November 27, 2023
The planned program, to be conducted by Condor Energy Service, includes 10 stimulation stages within the Amungee Member B-shale over a 500-meter horizontal section of SS1H.
News
November 22, 2023
(WO) — Santos and energy infrastructure business, APA Group, have signed a Memorandum of Understanding (MOU) to collaborate on the potential development of CO2 infrastructure throughout eastern Australia.
News
November 21, 2023
(WO) — McDermott has been awarded a sizeable engineering, procurement, removal and disposal contract by Santos. The offshore decommissioning award is for the full removal and disposal of the Campbell platform structure, which is part of the Varanus Island Hub offshore infrastructure in Western Australia.
News
November 21, 2023
(WO) — Sparrows Group, a global maintenance and engineering services specialist, has secured a significant contract to provide crane maintenance services for the ExxonMobil PNG LNG project.
News
November 15, 2023
(WO) — Santos and joint venture partner Beach Energy have secured significant additional carbon storage acreage by being awarded a Gas Storage Retention license southwest of Moomba.
News
October 17, 2023
Workers accepted Chevron’s proposed settlement Tuesday on pay and working conditions and will not move forward with a labor action planned for Thursday, according to a statement from the Offshore Alliance union group.
News
October 16, 2023
The A3H well was drilled, cased and cemented to a total measured depth (“TD”) of 3,837 m, including a horizontal section of 1,100 m in the Amungee Member B-shale.
News
October 09, 2023
Workers at Chevron Corp.’s liquefied natural gas facilities in Australia gave notice Monday to resume strikes, a move that could disrupt supplies and send prices higher.
News
October 06, 2023
A spokesperson for Chevron Australia said the company has consistently engaged in an effort to finalize the agreements and will continue to do so.
News
September 22, 2023
Workers accepted a proposed settlement on pay and conditions put forward by the country’s labor regulator and will suspend industrial action, the Offshore Alliance, a grouping of two major unions, confirmed Friday in a statement.
News
September 21, 2023
If the unions also endorse the agreement, then it would end industrial action at the Gorgon and Wheatstone LNG facilities that has roiled global gas markets.
News
September 18, 2023
Scheduled LNG deliveries from the Wheatstone gas facility were not impacted by a fault that occurred on Sept. 14 and domestic supply was also unaffected, the company said Monday in a statement.
News
September 15, 2023
Decisions to continue the full-day strikes will be made daily, according to an official at one of the unions representing the workers.
News
September 13, 2023
The country, which vies with Qatar as the top shipper of super-chilled liquefied natural gas (LNG), is facing looming pressures on domestic energy supply amid coal-fired power station closures and a lack of developments to offset declining output.
News
September 12, 2023
The gas producer must participate in further mediation with the unions before the date of the hearing, Fair Work Commission President Adam Hatcher said in a preliminary hearing Tuesday.
News
September 11, 2023
The producer has asked the Fair Work Commission to make intractable bargaining declarations for the Gorgon and Wheatstone facilities, adding to a similar request already lodged in relation to the Wheatstone platform, a Chevron spokesman said.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.