European gas prices slump as risk of Australian strike recedes
With inventories nearly full well before the start of the heating season and industrial demand subdued, the continent for now remains well supplied.
Australasia
Oil and Gas Australasia
Inpex, Total secure more gas for Ichthys exports
"This acquisition is also supported by the efforts undertaken with Inpex in the Bonaparte CCS Assessment joint venture to appraise the area’s potential for geological storage of CO2, in order to abate CO2 emissions from the Ichthys LNG project.”
Australian union flags safety concerns at Woodside platform
The OA said Woodside should be held to account for “running their facilities and their workforce into the ground. Clean your act up Woodside as the health and safety of our members and your 'Licence to Operate' depends on it.”
Wood wins Woodside extension, FEED work
Woodside also awarded Wood front-end engineering and design (FEED) work for the Goodwyn Alpha Low-Low Pressure project, off Western Australia.
Contractor woes at Waitsia drive Beach changes
Beach Energy has appointed a new CEO, Brett Woods, as it faces the fallout from challenges at its Waitsia project.
Australia’s Santos reports $2.5bn profit surge from higher oil and gas prices
Santos (ASX:STO) today announced its full-year results for 2022, reporting record free cash flow of US$3.6 billion and underlying profit jumping 160% to US$2.5 billion. The results reflect significantly higher oil and LNG prices compared to 2021, due to stronger global energy demand, combined with a higher interest in PNG LNG following its merger with Oil Search.
All Australasia Posts
Australian oil and gas majors Santos and Woodside confirm £40bn merger talks
Australian oil and gas giants Santos (ASX: STO) and Woodside Energy (ASX: WDS) have confirmed ongoing discussions on a A$80 billion (£40bn) potential merger.
Australia’s Origin Energy rejects private equity offer
A representative for AustralianSuper told local media that Origin’s value was “better in the hands of members and other shareholders rather than a private equity consortium seeking to make a quick return based on the proposed scheme terms and we are pleased that this is the outcome”.
Stranded gas tanker in Australia could cause rise in global LNG prices
A loaded liquefied natural gas tanker is stuck at an export terminal in Australia and will disrupt some shipments, adding to supply concerns ahead of the Northern Hemisphere winter.
Santos wins partial start for troubled Barossa pipeline
Santos has said it would continue to “vigorously defend” its stance. The company is committed to the Barossa gas project, it said.
Aberdeen’s Craig International continues global expansion with new Australia office
Aberdeen-headquartered Craig International has opened its tenth international base and first in Australia.
Santos faces Barossa challenge as pipelay vessel waits
Santos has disagreed on the impact of the pipeline. It has an expert opinion stating that there are no specific underwater cultural sites on the proposed route.
Aberdeen’s Ashtead Technology signs exclusive agreement for Australian subsea robots
Aberdeen subsea equipment provider Ashtead Technology has signed an exclusive rental agreement with Australian firm Reach Robotics.
Australia LNG unions give notice to resume strikes at Chevron sites
Workers at Chevron’s liquefied natural gas facilities in Australia gave notice Monday to resume strikes, a move that could disrupt supplies and send prices higher.
LNG threat returns as Australia workers discuss resuming strikes
Union members at Chevron Corp. liquefied natural gas facilities in Australia are deciding on a plan to resume strikes after criticizing the company’s efforts to finalize an agreement on pay and conditions.
KBR wins Pluto expansion work from Woodside
"KBR is pleased to support Woodside in the modification of the Pluto Train 1 LNG facility to enable processing of Scarborough gas, and in turn provide opportunity to extend the life of the plant."
Turbine trips and loading woes, Chevron faces Australian union pressure
The Offshore Alliance has refused to provide advance warning to Chevron of strike action.
Aberdeen-based EnerMech announces leader for New Zealand expansion
Aberdeen-based services company EnerMech has appointed Rhys Humphries to lead its expansion into New Zealand.
Australian LNG workers escalate strikes at Chevron plants
Liquefied natural gas workers at key Chevron sites in Western Australia have begun ramping up a campaign of industrial action in a dispute that has roiled global energy markets.
Gas prices jump as LNG workers begin long-awaited strikes
Members of the Offshore Alliance union said they will stop work completely for two weeks starting Sept. 14.
Chevron LNG workers reject pay offer, opening way for talks
Employees at two Chevron liquefied natural gas facilities in Australia voted down the company’s pay package proposal, according to a union body, opening the way for a resumption of talks in the standoff that threatens global supply.
Jadestone to restart troubled Montara FPSO tomorrow
Operations at the Montara Venture FPSO were halted following a gas alarm on July 29.
Australian LNG strike threat remains focus amid Chevron dispute
The threat of strikes at some Australian liquefied natural gas plants remains in focus amid pay disputes between Chevron and union officials, as unions endorsed action at the company’s Gorgon and Wheatstone facilities.
European gas prices slump as risk of Australian strike recedes
With inventories nearly full well before the start of the heating season and industrial demand subdued, the continent for now remains well supplied.
Inpex, Total secure more gas for Ichthys exports
"This acquisition is also supported by the efforts undertaken with Inpex in the Bonaparte CCS Assessment joint venture to appraise the area’s potential for geological storage of CO2, in order to abate CO2 emissions from the Ichthys LNG project.”
Australian union flags safety concerns at Woodside platform
The OA said Woodside should be held to account for “running their facilities and their workforce into the ground. Clean your act up Woodside as the health and safety of our members and your 'Licence to Operate' depends on it.”
LNG strike risks drag on in Australia as new talks eyed
Woodside Energy Group and officials representing workers at some of its liquefied natural gas facilities are likely to hold more talks next week after failing to reach agreement on issues that could trigger strikes and disrupt global exports.
Wood wins Woodside extension, FEED work
Woodside also awarded Wood front-end engineering and design (FEED) work for the Goodwyn Alpha Low-Low Pressure project, off Western Australia.
Contractor woes at Waitsia drive Beach changes
Beach Energy has appointed a new CEO, Brett Woods, as it faces the fallout from challenges at its Waitsia project.
Natural gas workers urge quick end to Australia strike threat
Workers threatening strikes at Chevron Corp. and Woodside Energy Group liquefied natural gas operations in Australia have urged the firms to quickly resolve disputes and avoid any costly disruption to exports.
Jadestone FPSO remains shut-in after ‘small defect’ found
Jadestone Energy said it has located a ‘small defect’ between water and oil tanks on board its Montara Venture FPSO, which will remain shut in while repairs are made.