Australasia
News
September 09, 2016
Frank Calabria, who was named Friday as Origin Energy Ltd.’s new CEO, said he’ll focus on paying down a A$9-billion ($6.8-billion) debt pile and consider more asset sales when he takes over from Grant King next month.
News
September 08, 2016
Shell Australia has chosen Emerson to provide automation maintenance and reliability services for Shell’s Prelude FLNG facility.
News
September 05, 2016
Woodside Petroleum may look to funnel gas from Scarborough field off Western Australia to one of its existing LNG plants after agreeing to a $400-million deal to buy half of BHP Billiton Ltd.’s stake in the remote offshore resource.
News
September 02, 2016
When it comes to natural gas, Exxon Mobil Corp. believes in playing the long game.
News
August 26, 2016
Zilift, a developer of permanent magnet technologies for artificial lift applications, has signed an agreement with Auscoil, an oilfield services solutions provider for the Australian Coal Seam Gas (CSG) industry.
News
August 23, 2016
Oil Search Ltd. said development of a second standalone LNG export terminal in Papua New Guinea is unlikely with Exxon Mobil Corp. and Total SA expected to favor cooperation to expand the existing PNG LNG project.
News
August 19, 2016
Woodside Petroleum Ltd. expects lower LNG prices as it renegotiates short-term contracts and says buyers across Asia will increasingly resist deals that restrict the reselling of the super-cooled fuel.
News
August 18, 2016
Cooper Energy Limited has announced the recommencement of drilling by the PEL 92 joint venture with the spudding of Callawonga-12, an oil development and appraisal well located in PPL 220 on the western flank of the Cooper basin, South Australia.
News
August 17, 2016
After spending billions of dollars constructing a world-class LNG export project in Australia, Santos Ltd. has found itself short of gas.
News
August 16, 2016
The market for LNG is about to attract more players and more trading as new supply from the U.S. and Australia strengthens buyers’ bargaining power.
News
August 14, 2016
Santos Ltd. will take a $1.05-billion writedown on the value of its Gladstone LNG project due to rising prices for third-party natural gas supplies and slower than expected ramp up of its own equity output.
News
July 27, 2016
Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia.
News
July 26, 2016
InterOil Corp.’s founder and third-largest investor said Exxon Mobil Corp.’s $3.6-billion offer for the South Pacific natural gas driller is “vastly inadequate” and he urged Exxon to sweeten the offer.
News
July 25, 2016
Falcon Oil & Gas Ltd. has announced the successful re-entry and casing of Amungee NW-1H horizontal well, and the spudding of the Beetaloo W-1 vertical well in the Beetaloo basin, Australia.
News
July 21, 2016
Exxon Mobil Corp. agreed to buy natural gas explorer InterOil Corp. for as much as $3.6 billion to acquire discoveries in Papua New Guinea that will feed the buyer’s existing gas-export plant.
News
July 21, 2016
Exxon Mobil Corp. has a clear path to expanding its reach in Papua New Guinea after its rivals said they wouldn’t counter a $2.5-billion bid for gas explorer InterOil Corp.
News
July 17, 2016
Exxon Mobil Corp. has offered a superior bid for InterOil Corp., according to Oil Search Ltd., which is also in the running for large natural gas reserves in Papua New Guinea and the possibility to export the fuel from the Pacific nation.
News
July 13, 2016
Exxon Mobil Corp. made an indicative takeover proposal for InterOil Corp. that topped a competing $2.2-billion bid for the owner of trillions of cubic feet of natural gas discoveries in Papua New Guinea, a person with knowledge of the matter said.
Article
July 2016
Despite state policies, tough economics stymie gas
News
July 12, 2016
Searcher Seismic’s Olympus 3D Reprocessing Project in the Carnarvon basin, Western Australia, has commenced processing at DownUnder GeoSolutions’ Perth facility.
News
July 01, 2016
Chevron Corp. halted output at its $54-billion Gorgon LNG development for the second time this year after a gas leak at the site, the latest problem for the Australian mega-project.
