Norway’s Equinor said on Aug. 28 it is considering whether to build a pioneering offshore wind farm with floating turbines to supply electricity to two North Sea oilfields as part of a strategy to curb greenhouse gas emissions.
The Quadrant takeover gives Santos a business that is the leading supplier of gas into the Western Australian market with strong and stable cash flows.
Norway's Hoegh LNG has won a tender to supply a floating LNG import terminal for a consortium aiming to import LNG to Australia's east coast from 2020 in a push to boost local supply.
The company’s managing director, Stuart Nicholls, spoke with Hart Energy about its record-breaking Jaws-1 well and why it sets new horizons in Australia.
Also, Hess' CEO says offshore Guyana trumps the Permian's Delaware Basin when it comes to development costs and financial returns.
Australia's NT commissioned an inquiry into the environmental, social and economic risks of fracking and on April 17 accepted the inquiry's conclusion that the risks were manageable.
The Australian Petroleum Production & Exploration Association (APPEA) said the report should encourage the immediate suspension of the hydraulic fracturing moratorium in the Northern Territory.
Australia's governing Liberal party has won a tight regional election in South Australia, a victory that could deal a blow to national renewable energy plans.
Royal Dutch Shell is selling its upstream assets in New Zealand to Austria's OMV AG for $578 million, the companies said on March 15.
The Australian Petroleum Production & Exploration Association (APPEA) has hailed a supply deal between Shell Australia cum PetroChina owned Arrow Energy to supply gas from the massive Surat Basin to the QCLNG LNG export facility at Gladstone, Queensland.