Engineering company EnerMech has acquired oil and gas electrical services supplier EPS Group in Australia and the Americas.
Queensland has recorded a $1.6 billion increase in exports, driven by the rising value of hard coking coal and liquefied natural gas exports.
Perth-based company Oxair Gas Systems has secured a contract to maintain the nitrogen generator plant on-board Shell’s Prelude floating liquefied natural gas (FLNG) facility.
JKC Australia LNG has confirmed there will be approximately 145 worker redundancies at the Ichthys project in Darwin.
Emerson has secured a contract with Shell Australia to provide automation maintenance and reliability services for their Prelude Floating Liquefied Natural Gas (FLNG) facility.
Woodside has entered an agreement to acquire half of BHP Billiton’s Scarborough area assets in the Canarvon Basin, in offshore Western Australia.
Victoria’s ban on fracking will have far ranging impacts on the state’s energy security.
Woodside is looking to recommence their abandoned Browse LNG project after it was halted in March.
Santos has announced a write-down of US$1.5 billion on its GLNG asset.
Gorgon’s second processing line is expected to produce LNG by October and the Third train by April next year, Chevron says.
Workers at the Gorgon LNG project were forced to down tools following a gas leak at the Acid Gas Removal Unit.
Blame is being flung between UGL and its client over ongoing delays at the Ichthys SMP and CCPP projects, and may result in a $200 million legal claim.
Josh Frydenberg’s speech at Energy Networks 2016 Energy in Transition Conference.
Chevron’s Gorgon LNG project has resumed operations, nearly two months after stopping production.
The US$54 billion Gorgon LNG project is set to recommence following the repair of mechanical problems.
The Australian gas market is undergoing significant structural change. Remarkably, just a decade ago low levels of production and exploration saw plans advanced to import gas from Papua New Guinea. Wind the clock forward to today, and Australia is on the cusp of becoming the world’s largest LNG exporter, having seen more than $200 billion invested … Continue reading Time to Reform Australia’s Gas Market [opinion]
Santos has closed the first quarter of 2016 with oil production up 11 per cent year on year. With 15.6 mmboe, the first quarter production is up five per cent on the previous quarter. Sales volumes are up 40 per cent year on year, taking revenue to $835 million, despite the average price of oil … Continue reading Santos oil production up in 2016
The University of Western Australia (UWA) has launched two new $20million hubs for international research and training in offshore oil and gas. The hubs are part of the Australian Research Council’s (ARC) Industrial Transformational Research Program. The facilities come in the same week as LNG18, the world’s largest conference on Liquefied Natural Gas which saw … Continue reading University of Western Australia launches $20m oil and gas research facilities
Woodside has signed a contract with Indonesia’s Pertamina to supply between 500,000 to one million tonnes of LNG each year for 15 to 20 years. The heads of agreement (HoA) will follow after board approvals. According to the US Energy Information Administration, Indonesia’s domestic energy consumption increased by 43 per cent between 2003 and 2013, … Continue reading Woodside strikes deal with Pertamina for nearly 1m tonnes of LNG
The release of the Resources and Energy Quarterly by the Chief Economist of the Department of Industry, Innovation and Science for the March quarter has again highlighted the positive outlook for Australia’s resources and energy sectors over the medium to long term. Resources and energy play an essential role in Australia’s economy. Today the sectors … Continue reading Productivity increases reinforce positive outlook [opinion]