Australian Oil Industry Looks to Cut Costs on Offshore Decommissioning
The Center of Decommissioning Australia aims to help the industry build local expertise, come up with dismantling plans and cut costs.
S&P Revises Woodside’s Outlook to ‘Negative’ on Energy Industry Risks
However, S&P Global Ratings reaffirmed Woodside’s long-term issuer credit rating of “BBB+” on hopes that the energy company’s high exposure to LNG and low-cost assets could somewhat counter the risk.
Australia’s Woodside Assessing Impact of Myanmar Coup on Offshore Drilling Plan
Woodside has been working with Total SA and Myanmar-based MPRL E&P to develop Myanmar’s first ultra-deepwater gas project.
E&P Plus: January 2021 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.
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.