The Australian Government has released over 120,000 square kilometres of acreage to be explored by oil and gas companies.

Woodside Energy has revealed its ambitious growth plans including an intention to ramp up LNG supply and innovation in response to “fierce global competition.”

Woodside Energy has awarded a contract to Boskalis Australia to undertake seabed intervention and shore crossing works for the proposed Scarborough export gas pipeline in Western Australia.

The CSIRO has provided further evidence surrounding the climate benefits of using gas in place of coal to generate electricity.

Carnarvon Petroleum is doubling down on its appraisal of the Dorado oil and gas discovery on Western Australia’s North West Shelf. 

South32 has reached a long-term gas purchase agreement with Woodside Energy for the Worsley Alumina bauxite mine in Western Australia.

Santos has received approval for the first environmental management plan (EMP) that has been awarded for onshore shale gas exploration in the Northern Territory since a fracking ban was lifted last year.

Australian marine support company MMA Offshore has agreed to acquire subsea services provider Neptune Marine Services for at least $18.5 million.

Woodside Petroleum has been impacted by an extension to planned maintenance at the Pluto liquefied natural gas (LNG) facility offshore Western Australia and lower-than-expected market prices.

Australia’s liquified natural gas (LNG) sector is worth $50 billion as exports climbed 21 per cent in the 2019 financial year.

The Australian Petroleum Production and Exploration Association (APPEA) plans to work closely with the Australian Government on any proposed gas market reforms.

Jemena has commenced construction of the Atlas gas pipeline south-west of Wandoan, Queensland.

Stay on top of the most read articles on the Australian Mining website over the past week, including Woodside’s plan to create thousands of jobs to develop the Burrup Hub.

Woodside Energy will require a workforce of more than 4600 workers when its Burrup Hub construction reaches its peak in 2023.

The Queensland Government has given the green light to a joint venture between Santos and Shell, and for Bridgeport Energy to start gas exploration in the Surat Basin to boost future gas supply.

Anadarko Petroleum and its joint venture partners have made a final investment decision (FID) in favour of its $US20 billion ($29 billion) Mozambique LNG project.

Doris Engineering Australia has been awarded contracts with Tier 2 oil and gas operators based in Perth.

Oil and gas executives are optimistic about company growth within the sector despite threats of cyber security and climate change.