Australasia
News
March 06, 2017
Less than three years after it began sending one of its most precious resources overseas, Papua New Guinea’s future may be determined by how much of it stays at home.
News
March 03, 2017
Polarcus Limited has announced that the company has finalized a contract for 3D marine seismic acquisition in Australia. The program will deliver a broadband data-set utilizing one of the company's Polarcus X-bow vessels operating under the Polarcus Explore Green environmental agenda.
News
February 28, 2017
Subsea 7 S.A. has announced the award of a sizeable contract by Cooper Energy Ltd. for the Sole Development Project, offshore Australia.
News
February 27, 2017
Cooper Energy announces the Sole Gas Project has now advanced to the final stage before commitment.
News
February 23, 2017
Wood Group announced that it is commencing the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use in offshore Australia.
News
February 22, 2017
Senex Energy Limited has sanctioned its first major investment in the Western Surat gas project, committing $50 million to a 30 well drilling campaign, with gas production of around ~0.6 MMboe expected by mid-2018.
News
February 17, 2017
On the jungle-covered hills of southern Papua New Guinea, 62-year-old geologist Peter Botten is seeking to engineer a $5-billion deal that would cement the country’s emerging status as one of the world’s most lucrative gas exporters.
Article
February 2017
With a dense population and, therefore, a growing energy demand, Southeast Asia relies heavily on the oil and gas industry. This urgency has given rise to the region’s E&P efforts during an industry downturn, as producers have been forced to contend with low prices and aging fields.
Article
February 2017
Last year will be remembered for its stark contrasts in global production rates, with North America absorbing the largest loss, while the Middle East and Russia chalked up big gains. It remains to be seen how OPEC’s quota deal in December will alter the rules of the game.
Article
February 2017
After two years of spending declines, North American E&Ps are set to increase capex during 2017, while international outlays are set to fall for a third consecutive year.
News
February 14, 2017
AWE Limited has entered into an agreement to sell the company’s 57.5% interest in the Tui area oil fields to Tamarind Management Sdn Bhd, subject to customary consents from the New Zealand Government and Tui Joint Venture.
News
February 01, 2017
International oil and gas production company TAG Oil Ltd. has announced that the Company’s wholly owned Australian subsidiary, Cypress Petroleum Pty Ltd., has closed the purchase of 100% interest in Petroleum Lease (PL) 17 from privately held Southern Cross Petroleum & Exploration Pty Ltd.
News
January 26, 2017
A subsidiary of TechnipFMC has entered into an agreement with INPEX Operations Australia for Riserless Light Well Intervention (RLWI) services in Ichthys field, approximately 220 km offshore Western Australia, for the Ichthys LNG Project.
News
January 19, 2017
Searcher Seismic, in conjunction with project partner CGG, has commenced the PSDM reprocessing of ~1,668 km2 of 3D seismic data in the Carnarvon basin, Western Australia.
News
January 18, 2017
Asia-Pacific's upstream sector holds up to $40 billion worth of opportunities in 2017 as oil majors continue to divest mature and mid-life assets in the region, according to a research by Wood Mackenzie.
News
January 13, 2017
LEIDSCHENDAM, The Netherlands -- Fugro has been awarded a contract from INPEX Operations Australia for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 km from the coast of Western Australia.
News
January 11, 2017
Proserv and SapuraKencana Technology Sdn Bhd (SK Technology), a wholly owned subsidiary of SapuraKencana Petroleum Berhad, are joining forces to provide enhanced technology services to clients in Asia Pacific.
News
December 29, 2016
Exxon Mobil has reported a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of Hides gas field.
News
December 22, 2016
Exxon Mobil Corp.’s offer to raise its bid for InterOil Corp. to as high as $3.9 billion isn’t enough to pacify the deal’s most prominent opponent. Exxon Mobil Corp.’s offer to raise its bid for InterOil Corp. to as high as $3.9 billion isn’t enough to pacify the deal’s most prominent opponent.
News
December 15, 2016
Technip has been awarded an engineering and project management services contract by Shell Australia. This contract will provide multi-disciplinary engineering and design services in support of the Prelude FLNG project, and will allow the delivery of brownfield engineering scope as the project moves into operations.
News
December 12, 2016
EnerMech has been awarded its first contract by Subsea 7 in the Australian oil and gas market.
