Woodside Petroleum cut the pay of chief executive officer Peter Coleman by more than $1 million in 2016.
Senex Energy has approved its first major investment in the Western Surat Gas project in Queensland, providing $50 million to the project’s well drilling campaign.
Monadelphous, in a joint venture with Jacobs Engineering, has received a letter of intent for a five-year, $50 million per annum contract for engineering, procurement and construction (EPC) services at Oil Search’s oil and gas production facilities in the Highlands region of Papua New Guinea.
Origin Energy has released their latest half year results, citing a $1.68 billion loss.
The largest gas storage facility in Western Australia is set to be fully operational by June this year, expected to boost energy security in the state.
Oil and gas services provider Schlumberger has recorded an increase in revenue in the fourth quarter of 2016 upon release of its full year results.
Engineering company EnerMech has acquired oil and gas electrical services supplier EPS Group in Australia and the Americas.
Schlumberger has acquired Peak Well Systems, a Perth-based company focussed on the design and development of downhole tools for flow control, well intervention and well integrity.
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.
Duet Group subsidiary DBP Development Group (DDG) is constructin what the company calls the largest gas storage facility in Western Australia.
Global information technology business Wipro has been awarded a three-year IT infrastructure services and digital transformation contract at oil and gas company Woodside.
Australian companies Bridgeport Energy and Metgasco have accepted Queensland Government offers to explore for petroleum and gas in the Cooper Basin.
Australian oil and gas company Santos has raised more than $1 billion through a share placement to institutional investors in the first part of a $1.5 billion capital raising it announced earlier this week.
JKC Australia LNG has confirmed there will be approximately 145 worker redundancies at the Ichthys project in Darwin.
Oil and gas company Santos has launched a new strategy that will see it focus on its key assets and spin off its non-core business into a new company.
Origin Energy has announced plans to divest its upstream business assets in an effort to reduce debt and focus on its energy markets and gas business.
The Arctic is experiencing an extraordinary heatwave… so does this mean the region’s fabled energy resources will finally be exploited?
Huawei continues to expand into the oil and gas sector, exhibiting industry solutions at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2016.
GE’s oil and gas business and supplier of oilfield services, products, technology and systems Baker Hughes are combining to create an oilfield technology company.
According to a report in the Brisbane Times, East Timor’s former prime minister and Nobel laureate Dr Jose Ramos-Horta has appealed to Australia’s sense of a “fair go”, asking for a sea boundary to be moved to enable more equal sharing of the estimated $40 billion in oil and gas reserves in the Timor Sea. … Continue reading East Timor’s Nobel laureate asks Australia to show ‘fair go’ over oil