Energy
Port of Gladstone boundary changes one step closer
The Queensland Government’s masterplan for the Port of Gladstone has edged closer with the release of an amended proposed boundary. The proposed Gladstone master-planned area encompasses a total area of about 88,000 hectares and includes land controlled by the Port of Gladstone, the majority of the Gladstone State Development Area, part of the Gladstone Regional […]
Santos appoints Clough’s Kevin Gallagher as new Chief Executive
Kevin Gallagher, Chief Executive of Clough, has been appointed the new Managing Director and Chief Executive of Santos. Mr Gallagher is widely recognised at Clough for driving strong performances in the face of tough industry conditions. Before that, he was a Senior Executive on the North West Shelf venture at Woodside. Santos Executive Chairman Peter […]
Quadrant closing in on Roc spud
Australian company Quandrant Energy is preparing to spud the follow up well to last year’s Phoenix South-1 discovery off Western Australia. Joint venture partner Carnarvon Petroleum revealed Quadrant had taken delivery of the jack-up Noble Tom Prosser from Vermillion Energy who had been using the well for drilling at its Wandoo oilfield. Carnarvon said Friday […]
Polarcus wraps ‘largest ever’ Oz shoot
Geophysical contractor Polarcus said it has completed, ahead of schedule, the largest single 3D seismic survey ever acquired offshore Australia. The Capreolus 3D multi-client project has wrapped after 11 months of work, Polarcus said. It was pre-funded by eight oil companies. The basin-wide broadband 3D seismic survey covers two underexplored hydrocarbon provinces with largely untested […]
WA Government to focus on tightening of codes of practice in response to FIFO report
The Western Australian Government believes that updating existing codes of practice can help alleviate concerns raised by the recent Parliamentary report […]
Cyclone season forecast good news for offshore operators
A strong El Niño effect may mean that Australia’s offshore oil and gas sector may have a quieter than normal 2015-16 Tropical Cyclone Season (TCS). The Australian Bureau of Meteorology (BOM) recently reported that it was forecasting that there was the potential for a less than average number of cyclones crossing the coast this season. […]
Plenty of excitement in new BHP Billiton WA oil targets
BHP Billiton believes it has identified an exciting new potential oil play off the Western Australian coast that could be a new game changer for the local oil and gas industry.
PNG’s gas takes next step forward
The selection of key infrastructure sites for Total S.A.’s proposed Papua LNG Project is a big step forward in the development and commercialisation of Papua New Guinea’s huge Elk-Antelope gas field.
Woodside’s approximate $11 billion bid for leading PNG player Oil Search Ltd
Papua New Guinea’s growing reputation as the new “hot spot” for LNG development in this region has gained further momentum with Woodside’s…
Billions of dollars at play in global oil & gas M&A game
While the crude oil price continues to languish, there is no doubt that the oil and gas industry is still at the top of the market with regards to mega deals.