Australia
News
February 04, 2015
Inpex Corp. announced Wednesday that the Inpex-operated Ichthys LNG Project had started drilling at the Ichthys gas-condensate field, about 200 km off the Western Australian coast.
News
February 04, 2015
The fall in oil prices has set the tone for a challenging 2015, says Wood Mackenzie, which will affect E&P activity across Asia Pacific’s (APAC) entire upstream sector.
News
February 03, 2015
Searcher Seismic in conjunction with project partner, BGP, has announced the 2015 GroupSeis campaign over the North West Shelf, Western Australia.
News
January 26, 2015
Ennsub has successfully completed the design, manufacture, testing and installation of bespoke sealing systems for the Wheatstone LNG platform off the coast of Australia.
News
January 23, 2015
Spectrum has started the first phase of its 11,000 km Rocket Multi-Client 2D seismic survey in the South Carnarvon, and North Perth basins, offshore Western Australia. This first phase comprises 4,200 km, and the survey has received strong support from industry.
News
January 21, 2015
BHP Billiton, the biggest overseas investor in U.S. shale, will cut the number of its rigs there by about 40% as plunging petroleum prices add to concerns about lower iron ore earnings.
News
January 20, 2015
SAN RAMON, California -- Chevron's Australian subsidiaries have signed a binding sales and purchase agreement with SK LNG Trading, part of a leading industrial conglomerate in South Korea. SK will receive 4.15 MMt of LNG over a five-year period starting in 2017.
News
January 19, 2015
IRVING, Texas -- Exxon Mobil Corp., as operator of the PNG LNG Project and of PRL 3, has signed a Memorandum of Understanding (MoU) with the PNG government with respect to the expansion of the PNG LNG Project.
News
January 19, 2015
MELBOURNE (Bloomberg) -- Oil traded near $50 after capping its first weekly gain in two months as investors weigh rising OPEC output against speculation supply from outside the group will slow.
News
January 16, 2015
MELBOURNE (Bloomberg) -- Oil headed for the longest run of weekly declines since March 1986 as OPEC forecast weaker demand for its crude, adding to signs that a global supply glut that spurred last year’s price collapse may persist.
Article
January 2015
LNG takes center stage in Australia and Southeast Asia
News
January 13, 2015
DUBAI -- Seismic acquisition has now commenced on the major new Polarcus Capreolus 3D multi-client project over the Phoenix area that contains the recent Phoenix South-1 oil discovery within the Roebuck basin, offshore Western Australia. The survey is utilizing two high performance 12-streamer Polarcus vessels, Polarcus Amani and Polarcus Asima, operating in tandem in order to maximize production.
News
January 13, 2015
MELBOURNE and LONDON (Bloomberg) -- Oil extended losses to trade below $45/bbl amid speculation that U.S. crude stockpiles will increase, exacerbating a global supply glut that’s driven prices to the lowest in more than five and a half years.
News
January 12, 2015
AHMEDABAD, India -- Woodside has executed a Memorandum of Understanding (MoU) with Adani Enterprises Ltd. The MoU was signed at a ceremony in Gujarat, attended by senior company representatives and Australia’s Minister for Trade and Investment.
News
January 12, 2015
MELBOURNE and LONDON (Bloomberg) -- Oil extended losses from the lowest level in more than five and a half years as Goldman Sachs Group reduced its price forecasts and Venezuela called on OPEC producers to work together to spur a recovery.
News
January 09, 2015
WEST PERTH, Australia -- Otto Energy has announced that PNOC Exploration Company (PNOC-EC) has expressed an interest in farming into SC55 for a 15% working interest.
News
January 09, 2015
SINGAPORE -- EMAS AMC, a subsea services division of Ezra Holdings, has secured a subsea construction contract with Apache Energy in Australia valued in excess of approximately $105 million (A$130 million).
News
January 07, 2015
LONDON (Bloomberg) -- The first tanker to ship LNG from BG Group Plc’s $20.4 billion project on Australia’s east coast is sailing to Singapore where it will dock Jan. 15. The Methane Rita Andrea, owned by the London-based company, is carrying a cargo that will help meet the annual 3 million metric tons of LNG that the Energy Market Authority, the regulator in the Asian city-state, agreed in 2008 to import over 10 years from BG.
News
January 05, 2015
WEST PERTH, Australia -- Liquefied Natural Gas is pleased to advise that its wholly owned subsidiary, Magnolia LNG (MLNG), has executed a Technical Services Agreement (TSA) with KBR to undertake cost verification and provide other services supporting MLNG project delivery.
News
January 02, 2015
BRISBANE, Australia -- GE Oil & Gas has played a pivotal role in the global LNG industry with its systems used in the first ever large-scale production of LNG from Coal Seam Gas (CSG) at BG Group’s Queensland Curtis LNG (QCLNG) plant on Curtis Island.
News
December 29, 2014
REGENCY PARK, South Australia -- Halliburton officially opened a new base at Regency Park, South Australia, to service its customers in the state’s growing energy sector.
