Oil

Kevin Gallagher CEO Santos

Santos freezes hiring, reassesses 2020 expenditure

Santos plans to cease new hiring and is reviewing its capital spending plan following the recent drop in oil prices. Chief executive officer Kevin Gallagher said Santos was a much more resilient company
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Dorado Project

Carnarvon pushes ahead with Dorado

Carnarvon Petroleum, a joint venture partner in the Santos-operated Dorado oil field offshore Western Australia, has reported that work on the front end engineering and design (FEED) for the development
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Central reinforces stable operating environment

Central Petroleum has reassured the market that it has built a strong and resilient base to allow the company to navigate the current volatile conditions. The company has reiterated its position following
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contract extension

Santos sets sights on Dorado contractors

Santos has released an engineering, procurement and construction (EPC) contract tender for the Dorado project offshore Western Australia. The oil project, located 150km northwest of Port Headland, is
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Oil slump hits Australian producers

Shares in Australia’s oil and gas giants have fallen sharply following the fallout from the inability of OPEC and Russia to reach an agreement on production cuts last week. The oil and gas sector
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Buru overcomes wet season at Ungani

Buru Energy has recommenced production at the Ungani oilfield in the Canning Basin, Western Australia after the Kimberley region experienced a heavy wet season. Due to several days of flooding, the field
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Woodside, Chevron line up AOG keynote speakers

Major LNG operators Woodside Energy and Chevron Australia have thrown their support behind the 39th annual Australasian Oil and Gas (AOG) Exhibition & Conference by confirming key speakers for the event.
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