Woodside Petroleum has slashed its spending this year by 50%, to around $2.4 billion, but Senegal’s Sangomar development should progress as planned.
Cape, which provides support services to the energy and natural resources sectors, reported mixed trading conditions in the first quarter of 2016 with margins lower than expected but with "solid" order intake and revenue.
Oil major Chevron has signed up Alinta Energy to buy gas from the company’s Wheatstone project.
Work is well underway on Chevron's Wheatstone Project. One of Australia's largest resource projects, it will also be the country's first natural gas hub.
Oil major Chevron has successfully completed one of the largest offshore platform installations in the company's history. The Wheatstone topside marked a major milestone for the project which is almost 60% complete. It will be Australia's first naturl gas hub.
Subsea products and equipment manufacturer Ennsub has finished sealing work on a platform in Australia. The Aberdeen head-quartered firm worked on the design, manufacture, testing and installation and sealing systems for the Wheatstone Liquefied Natural Gas platform off the Australian coast.