French oil and gas major Total and Australia’s Santos have executed a seismic funding and farm-in agreement with Melbana Energy at the WA-488-P licence offshore northern Australia.

China Energy Reserve and Chemicals Group (CERCG) and Mineral Resources have announced their wishes to take over Perth-based oil and gas explorer AWE for 73 cents per share and 80 cents per share, respectively.

Senex Energy has received environmental authority from the Queensland Government for its 100 per cent-owned Western Surat gas project in the Surat Basin

Beach Energy has entered into an equity deal over two prospects at the Ironbark offshore gas project in the Carnarvon Basin, Western Australia.

AWE will raise up to $48 million through a share placement and purchase plan to help fund stage two of its Waitsia gas project in Western Australia.

Oil and gas giant Shell is parting ways with Woodside Petroleum after a long relationship as a key shareholder of the Australian company.

Australian oil company Elk Petroleum announced yesterday that it has completed its acquisition of the Greater Aneth oil field from US company Resolute Energy Corporation for $US160 million ($205 million).

Carnarvon Petroleum has been awarded a new permit located within the Bonaparte Basin on Western Australia’s North West Shelf.

Oil Search has secured an agreement to acquire oil assets in Alaska from privately-owned companies, Armstrong Energy and GMT Exploration Company, for $US400 million ($522.4 million).

Chevron’s first shipment of liquefied natural gas (LNG) from Wheatstone will be delivered to one of its foundation buyers, JERA, for delivery into Japan.

Engineering and maintenance services provider EnerMech has been awarded a five-year contract for hose and hose fittings supply and services for Shell’s Prelude floating liquefied natural gas (FLNG) facility in Western Australia.

Chevron Australia has purchased three exploration interests in the Carnarvon Basin offshore Western Australia, comprising 50 trillion cubic feet of gas resources over an area of 23,170 square kilometres.

Chevron has launched production of liquefied natural gas (LNG) at the Wheatstone project in Western Australia.

Western Australian company BC Iron has entered into a deal with Clive Palmer’s Mineralogy for the purchase of two groups of the latter’s Pilbara tenements.

While the mining sector has experienced tough times it seems there are calmer waters ahead, according to trade credit insurer Atradius. “Australia is one of the world’s leading mineral resources nations, ranking in the top two to five countries in the world, depending on the commodity,”said Mark Hoppe, managing director ANZ, Atradius. “2014 saw the … Continue reading Four key challenges ahead for the Australian mining sector →

The design competition phase for the Waitsia gas project in the northern Perth Basin has been given the green light. Starting immediately, the competition for the project facilities will include a gas plant capable of processing 100 TJ/d, carbon dioxide extraction, collection hubs and flow lines. The approach will allow the joint venture to establish … Continue reading Design phase for WA gas project announced →

Statoil has been granted regulatory approval to revive exploration in the Great Australian Bight after signing a swap agreement with BP. The Norwegian company will take over two permits off Australia’s southern coastline to drill an exploration well before the end of October 2019. The National Offshore Petroleum Titles Administrator (NOPTA) has approved the transfer, … Continue reading Statoil to begin Great Australian Bight drilling →