Australasia
News
October 23, 2015
Beach Energy Ltd. agreed to pay A$384 million ($277 million) in stock to acquire Drillsearch Energy Ltd. to increase its exposure to energy assets in Australia’s Cooper basin.
News
October 22, 2015
Santos Ltd., the third-largest oil and gas company in Australia, rejected a A$7.14 billion ($5.15 billion) takeover offer from an advisory firm that manages assets for Middle Eastern and Asian royals as too low and “opportunistic.”
News
October 20, 2015
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia.
News
October 19, 2015
Technip has awarded SBM Offshore the Front-End Engineering and Design (FEED) contract for three, large-scale turret mooring systems associated with the proposed Browse FLNG development in Australia.
News
October 16, 2015
Bechtel has announced the first cargo of Liquefied Natural Gas from the GLNG project has been successfully loaded onto the cargo vessel Seri Bakti, and began its journey to South Korea.
News
October 08, 2015
Bruce Clement, managing director and CEO of AWE Ltd., will step down during 2016 after five and a half years in the role. The company has commenced a search for a new CEO.
News
October 06, 2015
Encouraged by the plunge in commodity prices, the world’s biggest buyers of LNG are demanding more say in negotiations with their suppliers.
News
October 01, 2015
TAG Oil, a Canadian-based corporation with operations in New Zealand, announced Thursday that its COO, Frank Jacobs, has resigned to pursue other opportunities.
News
September 24, 2015
The INPEX-operated Ichthys LNG project launched its central processing facility (CPF) on Sept. 19 from the offshore floating dock at the Samsung Heavy Industries shipyard in Geoje, South Korea, where it is being constructed.
News
September 24, 2015
The Gladstone LNG (GLNG) project has started producing its first liquefied natural gas on Curtis Island, Queensland, on schedule and within budget, Adelaide, Australia-based Santos announced Thursday.
News
September 23, 2015
CGG announced Wednesday that all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste have now been fully processed and are ready for delivery.
News
September 22, 2015
OneSubsea, a Cameron and Schlumberger company, has been awarded a front-end engineering and design (FEED) contract for the Greater Enfield Area Development offshore northwest Australia.
News
September 14, 2015
Peak Well Systems has extended its range of V3 validation grade SIMPLUS plugs with the addition of a new 7” Retrievable Bridge Plug to cover 23# - 26# tube casing.
News
September 11, 2015
INPEX Corporation has updated the expected production start-up schedule and raised the anticipated production capacity of the Ichthys LNG project, which it is currently developing as operator alongside its project partners.
News
September 07, 2015
Woodside Petroleum Ltd., Australia’s second-largest oil and gas producer, made a A$11.65 billion ($8.1 billion) share-based preliminary takeover bid for Oil Search Ltd. in a deal that would increase its exposure to Papua New Guinea.
News
September 04, 2015
Conductor Installation Services (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully installed directional conductors to form the basis of two new production wells as part of a major project offshore Australia.
News
August 25, 2015
Oil and gas companies are looking more attractive to buy than individual assets following the plunge in share prices, according to Oil Search Ltd., Exxon Mobil Corp.’s partner in Papua New Guinea.
News
August 21, 2015
Oil’s collapse claimed its next victim.
News
August 20, 2015
U.S. shale gas explorer Aubrey McClendon is negotiating a $100 million acquisition of Australian drilling rights in a move that marks the former Chesapeake Energy Corp. chief’s first move overseas.
News
August 20, 2015
Origin Energy Ltd. plunged to the lowest intraday price in seven years after posting a full-year loss on asset writedowns and accelerating cost cuts amid a decline in crude prices.
News
August 19, 2015
It may take another quarter of weakening oil prices before energy companies start selling assets, according to Australia’s Woodside Petroleum Ltd.
