Doris Engineering Australia has been awarded contracts with Tier 2 oil and gas operators based in Perth.
Santos has revealed the Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia.
Liquified natural gas (LNG) now dominates Australia’s petroleum production due to high demand from Asia, according to energy advisory firm EnergyQuest.
BHP Petroleum has conducted an ocean bottom node (OBN) survey in the Western Gulf of Mexico (GOM) to allow the company to drill deeper and more complicated targets.
Perth is the only Australian city to be admitted into the World Energy Cities Partnership, which signifies Western Australia’s continual growth as a world energy leader.
BHP has approved two major funding packages worth a combined $US952 million ($1.34 billion) to advance its petroleum prospects offshore the United States and Mexico.
United States oil and gas giant Harbour Energy has increased its takeover offer for Santos by $US480 million ($650 million).
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.
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).
A new roadmap published by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has identified several growth areas to aid the expansion of the Australian oil and gas industry, which is currently challenged by low-cost overseas competition and attempts to reduce carbon intensity within the local energy sector.
Monadelphous has been awarded a long-term maintenance services contract at INPEX’s Ichthys LNG project offshore Western Australia.
It has been seven years since the Deepwater Horizon explosion that killed 11 people and created what is regarded as the worst oil spill in United States history. A seminar series investigating the aftermath was recently held in Sydney, exploring the human and organisational factors that led to the disaster.
Santos chairman Peter Coates has announced his intention to step down from his role at the Australian oil and gas company in the coming months.
Origin Energy has signed two agreements with ENGIE that are set to increase gas supply and energy security in South Australia.
The 10 Organisation of the Petroleum Exporting Countries (OPEC) members are getting closer to reaching their production reduction goals, dropping output in January to an average of 32.03 million barrels per day.
BHP Billiton has delivered a significant rise in profit during the first half of the 2017 financial year, helped by a resurgence in commodity prices and a company push to lift productivity.
Australian-listed companies are spending more on exploration, according to the latest research from BDO.
BHP Billiton has won a bid to acquire a majority share in the deep-water Trion oil field project in the Gulf of Mexico.
BP is moving forward with the US-based Mad Dog oil project, which includes BHP Billiton as a key partner, at a considerably lower development cost.
Global oil prices surged significantly overnight after OPEC took the surprising move to cut production from January next year.