Santos today announced first oil from the Van Gogh Phase 2 Infill Development, with the first of three new production wells producing at the highest initial rate from an individual well in the field’s history.
Workers onboard Shell’s Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia are complaining about occupational health and safety (OHS) breaches after being forced to work on only two to three hours of sleep.
Shell has failed to generate any significant interest in the sales process for its share of the giant Abadi LNG project one year after the Indonesian government announced the Anglo-Dutch supermajor’s intention to divest.
ConocoPhillips is seeking to sell its share in the giant Corridor onshore gas block in Indonesia estimated to be worth more than $1.5 billion. However, given the scale of the project and uncertainties around its future, the US major could struggle to find a buyer.
Japanese upstream player Inpex will provide A$1.5 million ($1.162 million) in research funding to Future Energy Exports Cooperative Research Centre (FEnEx CRC) to help develop new technologies that will lower the cost and carbon emissions of energy production in Australia.
Expats on a rig off western Australia have warned that safety would be compromised after Maersk Drilling was forced to “reassess” unpaid leave requests amid the country’s strict Covid regime.
Japan’s Inpex has filed a lawsuit against joint venture company JKC, which consists of KBR, Chiyoda and JGC, relating to the construction of the giant Ichthys liquefied natural gas (LNG) export project in northern Australia.
Analysts at Bernstein see tighter liquefied natural gas (LNG) markets ahead as limited supply growth meets strong demand, particularly from Asia, which could push prices higher.
Japanese companies are increasingly focused on upstream portfolio rationalisation, with divestment of non-operated stakes in smaller oil, as well as other non-core assets, expected to accelerate, research from Wood Mackenzie shows.
Santos has approved US$235 million worth of investment for an infill drilling campaign that will extend the life of the Bayu-Undan field offshore East Timor. As a result, the Santos-led Darwin LNG export plant, which is fed by the aging field, will not need to be shut down while new supplies of gas are developed.
A pair of oil and gas fields controlled by Japanese companies offshore Vietnam could become a potential flash point in the disputed waters of the South China Sea as Beijing continually seeks to aggressively assert its claims.
Repsol’s potential fast-track development of its Kali Berau Dalam (KBD) giant gas discovery in Indonesia is at risk as the company struggles to agree an attractive sales price with the government.
Oil giant BP has appointed liquidators for one of the oldest companies in Scotland after nearly 135 years in operation.
Shell is pushing ahead with plans to divest its share of the giant Abadi LNG project in the Masela Block offshore Indonesia.
The Covid-19 pandemic has increased the number of oil and gas assets being put up for sale globally past 12.5billion barrels in reserves, according to new analysis.
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.
Abu Dhabi is taking steps to cement its position as a reliable supplier through the launch of the Murban Futures contract.
US energy services giants McDermott and Baker Hughes GE have been awarded contracts for the Inpex-operated Ichthys LNG project off Western Australia.
Oil and gas exploration giant Total has confirmed that it will reduce its interest in the Ichthys liquefied natural gas (LNG) project in Australia.
Total said today that the first cargo of liquefied natural gas (LNG) from Ichthys has left Darwin, Australia, following the production start-up at the end of July.
Japanese oil firm Inpex said today that production had begun at the Ichthys LNG project offshore Australia.
Japanese firm Inpex said today that it had finished commissioning the central processing facility for the Ichthys LNG project off western Australia.
The Abu Dhabi National Oil Company (Adnoc) has sold Japan's Inpex a 10% stake in the offshore Lower Zakum concession for $600million.
Energy service giant Wood has won a five-year deal to provide engineering services for Inpex in Australia.
A Norwegian subsea service company has launched an investigation after two of its divers reported suffering symptoms of brain damage.