Beach Energy and JV partner Cooper Energy have accepted an offer to convert the Basker, Manta and Gummy gas field permits VIC/L 26, 27 and 28 in the offshore Gippsland Basin into retention leases.
Chevron’s chief executive has told Australia it must cut its operating costs if it wants to lift productivity and attract new investment in the energy sector.
Woodside has agreed a deal with Norwegian company Siem Offshore Australia for the country's first LNG-powered marine support vessel in 2017.
Woodside and Korea Gas Corporation (KOGAS) have extended their 2011 deal develop future business arrangements,knowledge share, faciliate staff secondments and joint technology studies and workshop.
Vietnam has demanded China moves a controversial oil rig as well as abandoning plans to start drilling in waters where jurisdiction is unclear.
Chevron Corp. temporarily halted output at its $54billion Gorgon liquefied natural gas project in Australia due to mechanical problems just two weeks after making the first shipment to Japan.
Wood Group has completed the takeover Australia-based SVT Engineering Consultants.
Santos has appointed a new senior executive team as the company aims to streamline its operation and cut costs.
Australia's Gorgon project, one of the largest liquefied natural gas (LNG) projects in the world, has shipped its first cargo to Japan.
Spitfire Oil posted a pretax loss of A$460,000 in the final six months of 2015, more than double what it reported in 2014.
Mosman loss was wider in the first half of the current financial year thanks to one-off costs related to impairments and the termination of a deal to acquire a producing project in New Zealand.
Woodside Petroleum Ltd. and partners including Royal Dutch Shell and BP scrapped plans to develop the $40 billion Browse liquefied natural gas project in Australia after the plunge in oil and gas prices.
The New Zealand government has put more than 500,000 square kilometres of onshore and offshore acreage up for offer.
Chevron today confirmed its first shipment from its landmark LNG Gorgon Project.
A new expert report indicates Mosman Oil and Gas's Amadeus Basin in Australia's Northern Territory has "signficant" gas potential.
Falcon Oil & Gas confirmed the roll-out of its Australian drilling campaign in the Beetaloo Basin today.
Chevron confirmed it had successfully started production from its $54billion liquefied natural gas (LNG) and condensate Gorgon Project.
Santos has completed the sale of its 35% non-operated share in the Kipper gas field to Japanese firm Mitsui for $520million in cash.
Oilex has so far failed to reach a resolution with with Zeta Resources relating to a joint venture in India.
Woodside has appointed former Shell executive Ann Pickard as non-executive director.
Beach Energy has appointed Matthew Kay as its new chief executive. Kay will take up the role on May 2, more than two months earlier than originally planned.
Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system offshore Western Australia.
Aberdeen firm Rig Control Products (RCP) said yesterday it had netted a £300,000 deal to supply a Singaporean company with oilfield equipment. RCP, which also has a base in Singapore, will also install the four pieces of integrated well control kit on rigs as part of the contract. The system is made up of a hydraulic console with a remotely-operated panel, which is used to operate and control dual choke valves, among other things.
Mosman Oil and Gas has pulled out of a planned acquisition for the South Taranaki Energy Project (STEP) in New Zealand.
Roxi Petroleum has appointed Gaffney, Cline & Associates (GCA) to assess the potential of its flagship BNG asset.