Should the purchase move ahead, Jadestone said, it would qualify as a reverse takeover. This would trigger a suspension of Jadestone shares on AIM.
Woodside Energy Group Ltd. (ASX:WDS) and smaller rival Santos Ltd. (ASX:STO) ended talks over a potential merger that would have created an Australian gas export powerhouse after the companies failed to agree on a valuation.
Saipem’s initial assessment attributed the problem to a software anomaly. This appeared to have led to a tensioner failing.
The union went on to say Saipem's Castorone would have to return to Broome and probably be down manned.
“As we said we would, we have worked hard to successfully grow the business away from Montara and to diversify into higher quality assets, and this is reflected in this year's guidance.”
“During the generator testing, numerous safety devices appear to have been deliberately overridden by Jadestone, including heat detectors, flame detectors, and smoke detectors,” the OA said. No alarms went off because of the overridden sensors.
"The East Belumut drilling programme has proved to be very successful”, said Jadestone president and CEO Paul Blakeley.
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”.
Aberdeen-headquartered Craig International has opened its tenth international base and first in Australia.
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.
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 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."
Chevron (NYSE: CVX) and labor unions reached an agreement to end strikes at key liquefied natural gas facilities in Australia that have roiled the global market for the fuel.
Jadestone CEO and president Paul Blakeley said Montara had been a “real problem”. The defect in July occurred in a tank that had already been inspected, he explained to Energy Voice.
The Offshore Alliance has refused to provide advance warning to Chevron of strike action.
By creating and offering a full suite of carbon management solutions, major gas producers and exporters can create demand without fears of “locking-in” emissions or building “stranded assets”.
Chevron (NYSE: CVX) is applying to a labor regulator to help resolve its dispute with unions at liquefied natural gas sites in Australia as workers continue partial strikes.
Australia is “on the cusp of becoming a clean energy superpower”, Nick Sankey, BlueFloat Energy Australia country manager, said.
Members of the Offshore Alliance union said they will stop work completely for two weeks starting Sept. 14.
Operations at the Montara Venture FPSO were halted following a gas alarm on July 29.
The floating storage production and offloading (FPSO) unit for the Santos-led (ASX:STO) Barossa project is almost three quarters of the way there.
With inventories nearly full well before the start of the heating season and industrial demand subdued, the continent for now remains well supplied.
Travel restrictions have eased, she said, and the company sees a need for quality control work. “We do understand the reasons for the remedial work – and we’re taking actions for Scarborough.”
"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.”