The project will commence in fourth-quarter 2019 with an approximate duration of two months.
Papua New Guinea's biggest company Oil Search Ltd. said on Oct. 1 long-serving managing director Peter Botten will retire from the firm next year after 25 years in the role.
Finding suitable applications for artificial intelligence and then implementing them at scale has challenged the oil and gas industry for many years. At Offshore Europe, Woodside Energy’s head of robotics, Alison Barnes, explained how the technology is being put to good use at its Pluto LNG facility in Australia.
Atlassian Corp. co-founder Mike Cannon-Brookes has pledged to help fund an ambitious A$20 billion (US$14 billion) project to supply solar power from northern Australia to Singapore by a subsea cable, an Australian newspaper reported on Sept. 25.
Santos said Sept. 27 it had been awarded new acreage on-trend with the Dorado discovery in the adjacent permit, offshore Western Australia, in a joint venture with BP Plc.
Australia’s Northern Territory recorded its highest levels of international trade in the year to 2019, reaching $8.1 billion with a 111.5% increase on the previous year, according to government figures. The result was mainly due to recent exports from INPEX’s Ichthys LNG project in Darwin, according to the Australian Petroleum Production and Exploration Association (APPEA).
Exxon Mobil Corp. said on Sept. 18 it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.
Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada’s Kitimat LNG project to cut its capex, its CEO told Reuters on Sept. 10.
The latest gas discovery was made by the West Erregulla-2 well in the High Cliff sandstone where a gas column of at least 22 m was encountered, Strike Energy said in a news release.
The Annie gas discovery marks the first made by an offshore well in the basin in 11 years, according to Cooper Energy.