Harbour tables revised $10bn takeover offer for Australia’s Santos
Australian firm Santos has received a revised $10.4billion takeover offer from US business Harbour Energy.
Australasia
Australia’s £14billion missed opportunity shows tax problem
Australia is on track to match Qatar as the world’s biggest liquefied natural gas exporter next year. The boost to the budget bottom line? Virtually nil.
Northern Territory lifts fracking suspension
The Northern Territory (NT) government in Australia has lifted a moratorium on fracking.
Warrego saves 10 Aberdeen jobs with farm-out deal
An Aberdeen-headquartered oil firm has safeguarded 10 Scottish jobs after striking a deal to farm out 50% of a prospect in western Australia.
Xodus wins contracts worth over £2million in Australia and south-east Asia
Aberdeen energy service firm Xodus Group has secured £2million worth of contracts in Australia and south-east Asia.
Pertamina admits it is responsible for Borneo oil spill
Indonesia’s state-owned oil company Pertamina has admitted it is responsible for a deadly oil spill in Borneo.
Stats Group targets Australian expansion with new partnership
Aberdeenshire-based Stats Group is aiming to expand its operations in Australia through a new partnership.
Powerful quake shakes Papau New Guinea month after disaster which halted offshore work
A strong earthquake has shaken Papua New Guinea a month after a more powerful quake killed at least 125 people in the Pacific island nation.
Aberdeen’s MInteg opens Australian base to tap into LNG market
Aberdeen-headquartered MInteg has opened its first international base in Australia for entry into the country’s oil and gas market.
Shell sells New Zealand portfolio to OMV for £415m
Shell has struck a deal to sell its portfolio in New Zealand to Austrian energy firm OMV for £415million.
Taskforce to turn Western Australia into global LNG hub
The government of Western Australia (WA) has unveiled plans to create a liquefied natural gas (LNG) jobs taskforce.
Australia, East Timor agree sea border in deal worth billions in oil revenue
Australia and East Timor have signed a historic treaty drawing their maritime boundary, ending years of bitter wrangling over billions of dollars of oil and gas riches lying beneath the Timor Sea and opening a new chapter in relations.
Wood wins five-year Ichthys contract
Energy service giant Wood has won a five-year deal to provide engineering services for Inpex in Australia.
Australian divers to sue over brain damage on LNG project
Saturation divers, who sustained brain damage while working on pipeline off the coast of Australia, have engaged a law firm to sue for damages.
Stena wins contract for Clyde drill ship
Stena Drilling will supply a vessel for a campaign in Australian waters.
Woodside snaps up 50% of Australian gas field from Exxon
Woodside Petroleum has struck a $744million deal to buy ExxonMobil’s share of the Scarborough gas field in the Carnarvon Basin, offshore Western Australia.
AWE receives ‘unsolicited’ takeover offer from Mitsui
Australian energy company AWE said today that it had received an “unsolicited” takeover offer from Japan’s Mitsui & Co.
More charges filed in Shell fuel heist
More charges have been filed in an alleged multi-million dollar oil theft from energy major Shell.
Oil tanker burning off China’s coast at risk of exploding
An Iranian oil tanker that caught fire after colliding with a freighter off China's east coast is at risk of exploding and sinking, Chinese state media have said.
Dozens of crew members missing after oil tanker collides with freighter
An Iranian oil tanker has collided with a bulk freighter and caught fire off China's eastern coast, leaving its entire crew of 32 missing, most of them Iranians, authorities said.
Inquiry launched after divers report ‘bizarre’ symptoms
A Norwegian subsea service company has launched an investigation after two of its divers reported suffering symptoms of brain damage.
BP consulting lawyers over opposition to Australian petrol station deal
Oil major BP said today that it was consulting its lawyers over the Australian monopoly watchdog's plans to oppose its deal for a network of petrol stations.
Australia to oppose BP’s petrol station acquisition
Australia’s monopoly watchdog said today it would oppose BP’s plans to buy a chain of petrol stations from Woolworths.
Woodside dishes out Greater Enfield contract
Woodside has awarded ICON Engineering the Greater Enfield subsea rig interface work.
Scotland-Japan link to get £15m research fund
A new £15million research and development scheme is being launched today to encourage collaboration between firms in Scotland and Japan in tackling the subsea oil and gas industry’s most complex technological challenges.