News
February 23, 2018
Two of the world’s biggest energy producers have abandoned the sale of some of Australia’s oldest oil fields after running a 20-month sales process.
News
February 20, 2018
Wood has been awarded the brownfield engineering services contract for the INPEX-operated Ichthys offshore facilities, located 220 km off the coast of Western Australia and onshore liquefied natural gas (LNG) processing facilities in Darwin, Northern Territory.
News
February 15, 2018
National Energy Resources Australia (NERA) is supporting the Transforming Australia Subsea Equipment Reliability (TASER) project, led by Wood and in collaboration with Chevron, Shell and Woodside, by providing AUD $145,000 of funding over two years.
News
February 14, 2018
Australia’s Woodside Petroleum finally got what it wanted from Exxon Mobil. And it only cost $744 million.
News
January 17, 2018
Commencing March 2018, Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia.
News
January 15, 2018
ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.
News
January 11, 2018
Beach Energy Ltd. has announced a new gas field discovery at Haselgrove-3 ST1 in the onshore Otway basin, in South Australia. Flow test results from the primary target Sawpit Sandstone indicate a high deliverability reservoir and provide encouragement to move towards commercialization of a large gas resource.
News
January 08, 2018
UTEC, a global survey company in subsea services group Acteon, has been awarded a contract by Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western Australia.
News
May 16, 2017
Chevron’s Gorgon liquefied natural gas plant shut a production train for about a month, at least the eighth outage since operations started 14 months ago.
News
May 15, 2017
Exxon Mobil Corporation has announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 mi (21 km) northwest of the Hides gas field.
News
May 15, 2017
Missing out on Australia’s natural gas export boom may be the best thing that happened to Arrow Energy Ltd.
News
May 15, 2017
Santos has announced further positive results from the Muruk-1 exploration well, being drilled in the Papua New Guinea Highlands.
News
May 05, 2017
Origin Energy Limited has announced it had increased to 70% its share in the Beetaloo JV, after acquiring Sasol Petroleum Australia Limited’s 35% share.
News
April 26, 2017
Engineering teams from UK-based subsea connector specialists Hydratight and Norwegian technologists Connector Subsea Solutions (CSS) have completed a major deepwater pipeline repair in Western Australia.
News
April 18, 2017
Australia’s competition regulator said the possible sale of natural gas intended for the country’s domestic market to overseas customers instead must be reviewed amid high wholesale prices at home.
News
April 17, 2017
The state of Queensland may expand the amount of land available for gas exploration to overcome looming gas shortages and high prices on the east coast of Australia.
News
April 06, 2017
Origin Energy Ltd., Australia’s largest electricity company, will formally seek bids for its conventional oil and gas assets while continuing preparations for an initial public offering of the unit, according to people with knowledge of the matter.
News
March 28, 2017
Sparrows Group has secured a three-year contract to deliver fixed crane maintenance and lifting and rigging services for the INPEX-operated Ichthys liquefied natural gas (LNG) project in Australia.
News
March 21, 2017
EnerMech has been awarded a pre-commissioning subcontract by Technip Oceania Pty Ltd, part of TechnipFMC in Australia, on the Shell Australia-operated Prelude FLNG project.
News
March 21, 2017
Chevron Corp. has signaled the end of major new LNG projects in Western Australia and is unlikely to sanction an expansion of its Gorgon and Wheatstone export developments as it focuses on boosting returns from $88 billion of investment.
News
March 17, 2017
Senex Energy has today announced it will accelerate the delivery of gas from its Vanessa field in the Cooper basin with the approval of $5.82 million in funding through the South Australian Government’s PACE Gas Grant Program.
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.