Search results for: Australia Oil

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  • 15 May 2013

      Australian oil and gas industry has slammed tax changes introduced yesterday by the Federal Government in Australia. “Tax changes included in Australia’s Budget for 2013 that affect exploration costs and thin capitalisation rules will hurt the oil and gas industry’s international competitiveness. As such, they are short-sighted given the current debate regarding debt, deficit, and the […]

  • 7 February 2018
    Business & Finance

    Australia’s oil and gas company Tap Oil has appointed a new non-executive director of the company.

  • 29 April 2011
    Business & Finance

      Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA’s offshore oil and gas industry, including the Gorgon Project. The new contracts for a 49.5 metre and 38 metre landing craft follows the delivery of a 48 metre landing craft(photo) to join […]

  • 2 November 2009

    An oil well at the centre of a massive spill in the Timor Sea off the north-west coast of Australia is on fire. The company which runs the well, PTTEP Australasia, said the fire broke out as it made another attempt to plug a leak deep underwater at the West Atlas rig.

  • 4 November 2009

    An oil rig which has leaked thousands of barrels of oil into the Timor Sea over the last 10 weeks has been plugged, the rig’s operators have said. A massive fire burning on the West Atlas rig has also largely been put out, said PTTEP Australia.

  • 21 February 2018
    Business & Finance

    Australia’s oil and gas producer AWE has urged its shareholders to accept the takeover bid from Japan’s Mitsui.

  • 30 January 2018
    Project & Tenders

    Australia’s oil and gas regulator NOPSEMA has accepted Woodside Energy’s environment plan for the operations at WA‐404‐P block offshore Western Australia.

  • 20 August 2013

    Oil Search announced the appointment of two senior executives to the company’s Management Team. Ian Munro will join the Company as Executive General Manager Gas Business Development, taking over day-to-day responsibility for growing gas business and driving opportunities for gas commercialisation. This includes identification, promotion and Joint Venture management of growth and expansion opportunities for […]

  • 4 February 2019

    Australia’s oil and gas regulator NOPSEMA has released Shell’s Crux offshore project proposal for public comment.

  • 9 April 2014
    Business & Finance

    Australia’s oil and gas company Woodside has welcomed the formal signing of The Korea-Australia Free Trade Agreement (KAFTA) in Seoul yesterday. Woodside has long-term links with South Korea through partnership in its offshore exploration sector and sales and marketing of oil, condensate and LNG products. The company also has an important relationship with the country’s […]

  • 4 July 2014
    Business & Finance

    Australia’s oil and gas company Woodside has finalised an agreement with Chariot Oil & Gas to farm-in to the prospective Doukkala Basin offshore north western Morocco.

  • 14 June 2017
    Business & Finance

    Australia’s oil and gas exploration and production company Tap Oil has agreed to sell an interest in a permit off W. Australia to a private E&P company. Tap Oil said on Wednesday it was going to sell its 20 percent interest in permit WA-8-L as a part of its strategy to realize value from its non-core […]

  • 12 December 2014

    Months of underwater surveys mapping the topography of the ocean floor are now completed and cable manufacturing work will start next week in France on Australia’s largest domestic subsea network, Nextgen Group has announced. Nextgen Group has said that the subsea optical fibre cable system will deliver high-speed data communications services to the oil and gas […]

  • 30 June 2016
    Business & Finance

    Australia’s oil and gas exploration and production company Tap Oil has announced that its Chief Financial Officer (CFO), David Rich, is leaving the company and that a new CFO and Company Secretary has been named. Tap Oil said on Thursday that Chris Bath was named the as new company’s CFO and Company Secretary. The company noted […]

  • 5 April 2011
    Business & Finance

      Wood Group, the international energy services company, has been awarded a non-exclusive major services agreement by Woodside Energy Limited for brownfield project delivery for a number of Woodside’s onshore and offshore facilities. The services comprise a wide range of engineering, from studies and concept, through to design and implementation for Woodside’s Production Project Group […]

  • 28 March 2014

    Australia’s oil and gas giant Woodside has missed the 27 March deadline to acquire a share in the Leviathan natural gas field, offshore Israel. The Australian company last month signed a Memorandum of Understanding with the Leviathan partners which provided a framework to negotiate in good faith, the acquisition of a 25% participating interest in each […]

  • 9 March 2015

    Australia’s oil and gas producer Santos has entered a contract to supply natural gas to Australia’s biggest aluminium producer, Alcoa of Australia Limited. The contract starts in 2018 and will see Santos supply 82PJ of gas to Alcoa over an initial contract term of five years from the John Brookes field in the offshore Carnarvon Basin. […]

  • 11 July 2014
    Project & Tenders

    Oil production has started from the Dua oil project, offshore Vietnam.

  • 28 May 2012

    Australia’s oil & gas exploration and production company Woodside has plugged and abandoned its Jujak-1 exploration well, in Ulleung Basin offshore South Korea. The deep water well located about 40 km north of the Donghae gas-condensate platform and about 50 km east of the city of Pohang in the East Sea of Korea failed to deliver […]

  • 19 December 2014

    Australia’s oil and gas producer, and operator of the GLNG project Santos has secured an additional 3-year, AUD 1 billion (USD 817.5m) bilateral bank loan facility. Santos says that the new facility with ANZ Banking Group significantly enhances the company’s liquidity profile and financial flexibility at attractive funding costs. Santos Chief Financial Officer Andrew Seaton said that the facility […]

  • 23 January 2015
    Business & Finance

    Australia’s oil and gas company Santos has announced company records for sales revenue in both the quarter ($1.1 billion) and the full year ($4 billion), saying the results reflect the rise of production from the PNG LNG project in Papua New Guinea as well as higher Cooper Basin production in Australia Fourth quarter production of 15.1 mmboe – […]

  • 10 December 2012

    Australia’s oil and gas company Woodside has announced that MPRL E&P Pte Ltd has accepted its offer to farm-in to block A-6 in the Rakhine Basin, located in the western offshore area of the Republic of the Union of Myanmar. The offer is for a 50% interest in the block and is subject to certain […]