Exxon Mobil Unit Set to Deliver Gas from West Barracouta to Aussie Market in 2021
The company said it was preparing to build the final subsea infrastructure for the project.
Eni Halts Sale of Australian Gas Assets, Sources Say
Italian oil and gas group Eni SpA has put on hold the sale of Australian gas assets it values at around $1 billion after they failed to attract satisfactory bids, the sources say.
Year in Review: Best of Drilling Activity Highlights for 2020
Multiple discoveries by Occidental in New Mexico’s Eddy County, EOG Eagle Ford, Permian Basin and Niobrara completions plus Exxon Mobil boosts the resource potential for its development offshore Guyana top drilling activity highlights from around the world in 2020.
BP Well at Promising Gas Prospect Off Australia Comes Up Empty
The result marked a big disappointment for BP's partners in the prospect, which had been seen as a potential gas supplier to the North West Shelf LNG plant, where BP is a co-owner, within five to 10 years.
Australia’s Woodside and North West Shelf Partners Sign Deals to Process Gas
Woodside Petroleum and its North West Shelf LNG venture partners executed two agreements to process gas through the project's facilities in Western Australia, the gas producer said on Dec. 23.
Australia’s Santos Narrabri Gas Project Approval Faces Court Challenge
An Australian community group has launched a court challenge against Santos Ltd.’s A$3.6 billion (US$2.7 billion) Narrabri coal seam gas project, saying an independent panel that approved the development failed to consider its climate impacts.
Green Group to Challenge Approvals for Woodside’s Western Australia Gas Projects
Woodside Petroleum said on Dec. 21 an environmental body had decided to challenge approvals given to the company to process gas at two offshore oil and gas projects in Western Australia.
Shell to Write Down Assets Again, Taking Cuts to More Than $22 Billion
Royal Dutch Shell on Dec. 21 said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
Best of This Week’s Drilling Activity Highlights (Dec. 18, 2020)
Middle Bakken, Three Forks wells completed at a single pad plus Spraberry/Dean, Wolfcamp producers in Midland Basin by Occidental Petroleum and more testing completed in Australia’s Otway Basin top this week’s drilling activity highlights from around the world.
Australia’s FAR Gets $159.2 Million Buyout Offer from Remus Horizons
Cash-strapped FAR has struggled due to the coronavirus-induced downturn in the oil and gas industry.