TechnipFMC Gets Go-ahead for Santos Barossa Project Offshore Australia

TechnipFMC has received a notice to proceed on April 26 for a significant subsea production system contract from Santos Ltd. for the Barossa project, located 300 km north of Darwin, Australia, at a water depth of approximately 130 m.

April 27, 2021

EOG Resources Strikes Deal for First Australian Venture

Houston-based EOG Resources agreed to pay $22.5 million, including contingent and production-linked payments, to acquire a stake in the giant Beehive oil prospect offshore Australia.

April 23, 2021

Woodside’s Interim Boss Banks on $11 Billion Scarborough Project

The company sees LNG demand growing 6% in 2021 and sees further strong growth among its key customers in Asia.

April 22, 2021

Exxon Mobil Cranks Up West Barracouta Offshore Australia

Exxon said the project enables the delivery of gas to southern and eastern Australian states, where a potential gas shortfall had been predicted as early as 2023.

April 21, 2021

Woodside, Santos Investors Reject Oil and Gas Wind-up Resolution

Almost one-fifth of votes cast ahead of Woodside Petroleum’s annual meeting and 13% of votes of Santos were in favor of the resolution proposed by shareholder activist group pushing the company to get out of oil and gas.

April 15, 2021

Woodside Names Meg O’Neill Acting CEO after Peter Coleman Retires Ahead of Plan

Peter Coleman, who took the helm at Woodside Petroleum in May 2011 to steer it through two oil price crashes, had said he planned to retire in the second half of 2021.

April 13, 2021

Australia’s Santos Gives Go-ahead for $3.6 Billion Barossa Gas Project

Santos said the approval would also kickstart a $600 million investment to extend the life of the Darwin LNG plant by 20 years.

March 30, 2021

Shell Hunts for Hydrogen Opportunities in Australia in Net Zero Push

Australia has mapped out a hydrogen strategy with plans to become an exporter by 2030,

March 25, 2021

Woodside Sells First Carbon Offset Condensate Cargo from Australia

Woodside Petroleum Ltd. and its Japanese partners have shipped their first cargo of carbon offset condensate to commodity trader Trafigura from the Pluto LNG plant in Western Australia, the company said on March 15.

March 15, 2021

Venture Starts Producing Hydrogen from Dirty Coal in World-first Trial

The plan is to create the first international supply chain for liquefied hydrogen from brown coal and the next big step will be to ship a cargo on the world's first liquefied hydrogen carrier.

March 12, 2021