BHP has confirmed rumours regarding its exit from the oil and gas industry, with a Woodside merger on the table.
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NZ refinery set for closure
New Zealand will stop refining crude oil in favour of imported pre-refined fuels.
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PNG PM addresses Santos, Oil Search merger
The Prime Minister said the Australian firm’s takeover of Oil Search could produce high value for Papua New Guinea but should satisfy “national interest”.
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Santos, Oil Search agree to merger
Santos and Oil Search will sign a $21 billion merger agreement in a move that will combine two of Australia’s largest oil and gas companies.
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SA Government approves Killanoola
Red Sky Energy has received the all-clear from the Department for Energy and Mining (DEM) to begin operations in the Penola Trough.
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Van Gogh hits record production
Santos has generated record oil production from a single well at its Van Gogh field.
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Bass to acquire Cooper assets
Bass Oil has entered into an agreement to acquire three non-operated Cooper Basin assets from Cooper Energy.
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New Valmec facility set for Roma
Valmec is set to open a new facility in Queensland to support its growth in the Maranoa and Western Downs region.
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FEED underway at Dorado
Front-end engineering and design (FEED) works have been launched at Santos’ Dorado project offshore Western Australia.
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Offshore acreage released for exploration
Bidding is now open on more than 80,000 km2 of land in Commonwealth waters released for petroleum exploration.
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EnergyQuest: LNG exports stable
Australia’s gas industry is remaining stable despite difficult economic conditions, according to the latest EnergyQuest report.
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Woodside aims for carbon neutral
Woodside Energy has set new interim and long-term targets with the aim of achieving net zero greenhouse gas emissions by 2050 at Pluto LNG.
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NOV completes major project
NOV has delivered what has been described as a “milestone” project in the Far East for a major operator.
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Cue buys in to NT fields
Cue Energy has executed an agreement with Central Petroleum for interests in three onshore assets in the Northern Territory.
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Triangle signs storage deal with BP
Triangle Energy has entered into an agreement with BP for the storage of its crude oil at the BP Kwinana facility.
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Government unveils new decommissioning measures
The Australian Government has approved new measures it says will strengthen the country’s offshore oil and gas decommissioning framework.
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Green light for Van Gogh
Australia’s offshore regulator has approved Santos’ Van Gogh Infill Development Phase II installation.
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Collaboration to tackle $50bn worth of decommissioning
The Centre of Decommissioning Australia (CODA) is a new group formed to address more than $50 billion of potential upcoming oil and gas decommissioning work.
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New testing system shows off Pipe Tek wares
Pipe Tek is continuing its upward trajectory as one of Australia’s leading pipeline testing firms with the opening of its new inline inspection demonstration piping system.
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Petrofac wins Carnarvon contract
Petrofac will undertake drilling management services for Carnarvon Petroleum’s Buffalo redevelopment in the Timor Sea.
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Offshore regulator takes action against Woodside
NOPSEMA has taken compliance action against Woodside Energy to ensure the safe and responsible decommissioning of the Nganhurra riser turret mooring.
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Defence Fuel Network calls for EOIs
Contractors can now register expressions of interest (EOIs) for a range of works related to Australia’s Defence Fuel Transformation Project (DFTP).
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APPEA wants better investment conditions
The Australian Petroleum Production and Exploration Association (APPEA) has called on the Australian Government to provide greater investment certainty for the oil and gas industry.
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STATS grows with Santos
STATS Group has been awarded a significant pipeline isolation services contract by Santos.
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Exploration expenditure rises back up
New statistics show petroleum exploration expenditure in Australia rose by approximately 4 per cent in the 2020 September quarter.
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Triangle acquires major exploration permit
Triangle Energy has entered into an agreement with Pilot Energy to acquire a 78.75 per cent interest in an 8,605 km2 exploration permit.
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