Comet Ridge appoints CFO

Comet Ridge Managing Director Tor McCaul said he was delighted to have Peter join the executive team, effective from 8 May. “Peter brings a significant amount of sector-specific finance and leadership
Read More

Transborders eyes FLNG development

The joint study allows Transborders to enhance the technical and commercial deployability of Transborders’ “Generic FLNG Solution” for a range of discovered but stranded gas resources. Specifically,
Read More

NT fracking moratorium lifted

Mr Gunner said implementation of the recommendations of the final report of the inquiry would now begin so that Territorians could benefit from the creation of new jobs while protecting our unique natural
Read More

FAR closing in on offshore success

The discovery is drawing the attention of majors to the region, with a $3.9 billion development in the works. Melbourne-based company FAR has a 15 per cent stake in the field after farming down its interests
Read More

Mira-6 the top dog

The gas flow rate from Mira-6/2 continues to climb towards 1,000,000 cf/d (approximately 1 TJ/d). Comet Ridge Managing Director Tor McCaul said first gas production from the Mra-6/2 combination had just
Read More

Ichthys on track for LNG production

Reuters reported last week that Ichthys has already started trial operations at the liquefaction and export plant at Bladin Point, with an INPEX spokesperson saying the plan to begin production
Read More

Santos’ change in fortunes

As highlighted in its December 2017 Quarterly Report, Santos’ net debt was reduced to US$2.7 billion (AU$3.35 billion) at the end of 2017, down from US$3.5 billion (AU$4.35 billion) at the end of
Read More

UTEC wins Greater Enfield survey work

The work scope includes pre-lay surveys, onshore dimensional control, survey and positioning associated with installation of rigid and flexible flowlines, umbilicals, jumpers, flying leads and subsea
Read More

Valmec launches capital raising program

The placement of new fully paid ordinary shares, valued at $0.25 per share, will be offered to institutional and sophisticated investors. Valmec also continues to receive commitments from its listed Option
Read More