BHP has reflected on a second half of 2019 where its petroleum output decreased by 9 per cent, while it also looks ahead to growth opportunities in this area of the company.
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Metgasco executes farm-out agreement for Cervantes
Metgasco has executed a re-stated L14 Western Flank farm-out agreement with Vintage Energy and Jade Energy subsidiary RCMA Australia. Read more
FAR secures Sangomar final investment decision
FAR has taken the final investment decision (FID) and received final credit approvals for an underwritten $US300 million ($436.3 million) senior secured reserve-based lending (RBL) facility for the Sangomar field development offshore of Senegal. Read more
Barossa pipeline project tender opens
A new contract relating to the Barossa joint venture’s gas export pipeline has been offered this week. Read more
Aker secures contract for Beach offshore project
Aker Solutions has won a contract to provide subsea control systems for Beach Energy to undertake phase four and five of the Otway project offshore Victoria.
Oil and gas discoveries hit four-year high
Oil and gas companies discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy.
Shell makes significant gas discovery offshore WA
The company’s drilling of the Bratwurst -1 exploration well, within title AC/P64 (100 per cent Shell equity, operated), was safely and successfully concluded on Read more
WA EPA opens Browse, North West Shelf proposals for public comment
The proposals are operated by Woodside Energy on behalf of its joint venture partners. The fields are located 425km north of Broome in the Read more
Equinor secures second approval for Great Australian Bight exploration
The first approval was granted in 2011 when the National Offshore Petroleum Titles Administrator and the ministerial joint authority, comprising federal and state government Read more
ConocoPhillips acquires interest in offshore Tasmanian permit
In exchange for the transfer, 3D Oil will receive a $5 million payment in recognition of previous permit expenditure. ConocoPhillips will undertake the acquisition Read more