Total signs understanding with Koreans to develop LNG market
Total has signed a memorandum of understanding with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia.
Total has signed a memorandum of understanding with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia.
Woodside has agreed a deal with Norwegian company Siem Offshore Australia for the country's first LNG-powered marine support vessel in 2017.
Oil major Chevron is facing a bill estimated to run into the hundreds of millions of dollars after a mechanical problem on its Gorgon project.
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.
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.
Chinese gas distributor ENN has bought a $750 million stake in Australian gas producer Santos as it attempts to ease its dependence on state-owned suppliers for supply.
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.
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.
Wood Group PSN staff got on their bikes to raise thousands of dollars for indigenous communities in Australia.
Santos said it was hit with a $1.93billion loss last year after it booked $2.8billion in impairment charges.
Mosman Oil and Gas said staff has been made redundant following the cancellation of a sale and purchase agreement with Origin Energy Limited.
Woodside Petroleum has added to its exploration acreage in Africa after gaining interests in Senegal and Guinea-Bissau.
Drillsearch Energy said the Federal Court of Australia has approved the company’s $277million merger with Beach Energy.
Woodside Petroleum Ltd. reported a 99 percent decline in full-year profit, its worst result in 13 years, and cast doubt on any recovery this year from the energy price crash that forced it to write down the value of its assets.
Pilot Energy said the West Australian Department of Mines and Petroleum has approved the transfer of title and operatorship to the company for two exploration permits.
Global Petroleum said one of its non-executive directors has resigned from its board.
Santos Ltd. reported a 24 percent drop in fourth-quarter sales and flagged asset writedowns after a further decline in oil prices since its November announcement of $2.5 billion program to cut debt. Quarterly sales fell to A$828 million from A$1.09 billion a year earlier, the Adelaide-based company said Friday. That beat estimates from UBS Group AG and Macquarie Group Ltd. Output dropped 1 percent to 14.9 million barrels of oil equivalent, and spending decreased 43 percent to A$477 million.
Oil major Chevron said the current vice president of the company’s Appalachia business will be moving to become deputy managing director of its Australian unit.
Transerv Energy said four days of work was lost at its Warro-6 well after a metal object was accidently dropped down the hole.
Oil major Chevron will soon mark a milestone in its preparations to start exports from its Gorgon LNG project in Australia. The company's $54billion project could soon be marking its first shipment after the company said an LNG cargo had arrived at its plant on Barrow Island.
Diving specialist Neptune been awarded a marine maintenance diving contract by Chevron in Australia for various natural gas assets in Western Australia.
Beach Energy has appointed a new chief executive to lead the company. Matthew Kay will take over from July with more than 25 years’ experience in the oil and gas industry.
POSH Terasea has won a deal to project manage, tow and position Shell’s Prelude FLNG (Floating, Liquefied Natural Gas) platform from South Korea to its offshore gas field in Australia. The Prelude is the world’s largest offshore gas facility ever constructed and the deal will see the company tow the Shell Prelude FLNG over 3,000 nautical miles from the Samsung Shipyard in Geoje to Australia where it will be deployed.