Australia
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.
News
December 29, 2014
READING, United Kingdom -- BG Group has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 Dec., the company said in a statement. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will be loaded onto the Methane Mickie Harper, which is expected in Gladstone in the first week of January.
News
December 23, 2014
NEW YORK -- Hess Exploration Australia, an Australian subsidiary of Hess Corporation has signed a non-binding Letter of Intent (LOI) with the North West Shelf (NWS).
News
December 19, 2014
WEST PERTH, Australia -- Lion Energy will join forces with conventional PSC holders Bukit Energy and New Zealand Oil & Gas to jointly explore an area within the prolific North Sumatra basin.
News
December 18, 2014
PERTH, Australia -- Woodside it has finalized an agreement with BP to farm in to offshore blocks in the Scotian Basin, located off the coast of Nova Scotia, Canada.
News
December 17, 2014
READING, United Kingdom (Bloomberg) -- The first tanker to ship LNG from BG Group Plc’s $20.4 billion project on Australia’s east coast is due to arrive on about Dec. 20, signaling exports to Asia are set to begin. The ship, the BG-owned Methane Rita Andrea, is heading for Gladstone, in Queensland state, according to data compiled by Bloomberg. BG expects the plant, the world’s first large-scale project to turn coal-bed methane into LNG, to begin by the end of the year, the company reiterated Dec. 17.
News
December 17, 2014
BAYSWATER, Australia -- Peak Well Systems has commissioned two new ISO test facilities in Perth, Western Australia and Aberdeen, UK as part of the company’s R&D commitment to provide operators with the most advanced and reliable plug systems available in the industry.
News
December 15, 2014
HOUSTON -- Apache Corp. is to sell its interest in two LNG projects, Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Woodside Petroleum for a purchase price of $2.75 billion. Apache will also be reimbursed for its net expenditure in the Wheatstone and Kitimat LNG projects between June 30, 2014, and closing which is estimated to be approximately $1 billion.
News
December 15, 2014
WEST PERTH, Australia -- Otto Energy has executed a superior sale and purchase agreement with Nido Petroleum to divest Galoc Production Company (GPC) for $108 million (A$131.09 million) on the same terms and conditions as the Risco SPA.
News
December 10, 2014
READING, United Kingdom -- BG Group has agreed to sell its wholly-owned subsidiary QCLNG Pipeline Pty Ltd to APA Group, Australia's largest gas infrastructure business, for approximately $5.0 billion. QCLNG Pipeline Pty Ltd owns a 543 km, large-diameter underground pipeline network linking BG Group's natural gas fields in southern Queensland to a two-train LNG export facility at Gladstone on Australia's east coast.
News
December 09, 2014
ADELAIDE, Australia -- Origin Energy has confirmed its Speculant-1 exploration well discovered potentially commercial quantities of gas in Waarre Formation reservoirs in the Otway basin, offshore Victoria, within the Origin operated VIC/L1(v) permit.
News
December 08, 2014
CLAREMONT, Australia -- Empire has signed a Letter of Intent (LOI) with drilling contractor Enerdrill for the drilling of upto three wells (subject to successful fundraising).
News
December 03, 2014
HOUSTON -- 2H Offshore has invested in improved office facilities in Kuala Lumpur, Malaysia and Perth, Australia, to support ongoing growth in the Asia Pacific region.
News
December 01, 2014
OSLO, Norway -- PGS has started its Springboard MC3D program in the Ceduna sub-basin, offshore South Australia. The Springboard MC3D has significant industry support and is being acquired by the Ramform Sovereign, a PGS seismic vessel that utilizes PGS' GeoStreamer technology.
News
December 01, 2014
BRISBANE, Australia -- Magnolia LNG (MLNG), a wholly owned subsidiary of Liquefied Natural Gas Ltd. (LNGL), has agreed to an EPC contract with SK E&C USA in relation to the Magnolia LNG Project.
News
November 28, 2014
MELBOURNE, Australia (Bloomberg) -- Tumbling crude oil prices are casting a shadow over almost $70 billion of natural gas projects planned in Australia.
News
November 27, 2014
PERTH, Australia -- Woodside, along with the North West Shelf (NWS) project participants has approved the Persephone gas development project off the north-west coast of Australia.
News
November 27, 2014
SYDNEY -- Drillsearch Energy has made a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper basin.
News
November 27, 2014
BRISBANE, Australia -- Linc Energy has detected hydrocarbon shows in the Stuart Range Formation at the Pata 1 exploration well, located in PEL121, in the Arckaringa basin.
News
November 26, 2014
ADELAIDE, Australia (Bloomberg) -- Santos Ltd. expects its $18.5 billion LNG development on the east coast of Australia to start in the second half of next year. Santos, which previously said the Gladstone LNG project in Queensland would start production at some point in 2015, expects the second unit to be ready to begin by the end of next year, the Adelaide-based company said in a statement. The project is 90% complete, it said.
News
November 26, 2014
MELBOURNE, Australia -- Karoon Gas has completed drilling at Kangaroo-2 appraisal well, located in block S-M-1165 in Santos basin, offshore Brazil, at a total depth of 2,369 mRT (meters below rotary table) and encountered multiple oil bearing zones.
