People and policy

LNG Limited cuts staff

The staff reductions will see three employees and one consultant cut from the company’s Australian-based operations. “My 100-day review of the business highlighted the need
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ExxonMobil reaches InterOil agreement

The deal will see InterOil shareholders receive $US45 per share (to be paid in ExxonMobil shares) and a Contingent Resource Payment of $US7.07 per
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Monadelphous wins Ichthys contract

The contract was awarded by project construction contractor JKC Australia and involves electrical and instrumentation works for the product loading jetty at the project’s
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Chevron readying for Gorgon restart

A company spokesman told Reuters that “start-up activities at the plant are underway.” The Gorgon plant has been plagued by troubles since it shipped its
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Santos CFO announces retirement

Managing Director and Chief Executive Officer Kevin Gallagher paid tribute to Mr Seaton as a key member of the executive team. “Andrew has worked diligently
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Santos changes reporting currency

Santos says this reflects the change in its revenue mix, which is now predominantly US dollar denominated with PNG LNG and Gladstone LNG (GLNG)
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Drilling report: Roc-2 gas well

Drilling commenced at the well earlier this month with the aim to appraise the Roc gas-condensate discovery in the Caley section. Since the last report
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Rawson secures PNG operations funding

The capital investment comes via Rawson’s majority owned subsidiary Dondonald Limited, and will see the investors subscribe for a 33 per cent stake in
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