Australia

Field Development , Liquefied Natural Gas (LNG) , Midstream

Shell Resumes Shipping LNG from Prelude after Four-month Shutdown

The four-month shutdown was just the latest setback that Shell’s Prelude FLNG facility off northwest Australia has faced since its delayed start-up in 2019.

April 11, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Bryan Sheffield Backs Australia’s Falcon Oil & Gas with $10 Million Investment

Through a $10 million private placement in Falcon Oil & Gas, Bryan Sheffield gains exposure to the company’s 1 million net acres in what he says “may become one of the biggest shale plays in the world.”

April 4, 2022

Discoveries

Santos Confirms Oil Discovery Offshore Western Australia

Santos CEO Kevin Gallagher described the Pavo-1 discovery as a “great result” that could add further material value to the project through a potential low-cost tie-back to the proposed Dorado development plan.

March 23, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 16, 2022

Here’s a snapshot of recent energy deals including the Petro-Hunt’s acquisition of Delaware Basin assets from Admiral Permian Resources.

March 16, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 2, 2022

Here’s a snapshot of recent energy deals including a $1.3 billion acquisition in the D-J Basin by PDC Energy and Chevron’s $3 billion clean energy bet.

March 2, 2022

Exploration & Production , Liquefied Natural Gas (LNG) , Natural Gas , Acquisitions & Divestitures , Midstream

ConocoPhillips Acquires Additional Interest in Australia Pacific LNG for $1.6 Billion

ConocoPhillips’ Australian subsidiary now owns a 47.5% interest in Australia Pacific LNG, with Origin Energy and Sinopec owning 27.5% and 25% interests, respectively.

February 18, 2022

Unconventional

Santos Cautious on Alaska, Australia Oil Projects

The caution on its growth projects came despite CEO Kevin Gallagher saying the world needs more oil and gas.

February 16, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 5, 2022

Here’s a snapshot of recent energy deals including back-to-back deals by Lime Rock Resources in the Williston Basin and Eagle Ford Shale totaling $358.5 million plus a slew of transactions completed by the end of the year.

January 5, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 29, 2021

Here’s a snapshot of recent energy deals including Earthstone Energy’s entry into the Delaware Basin plus the closing of Pioneer Natural Resources’ $3.25 billion exit from the Permian sub-basin.

December 29, 2021

Liquefied Natural Gas (LNG) , Natural Gas

World’s First Liquefied Hydrogen Carrier Departs Japan for Australia

The world's first liquefied hydrogen carrier left Japan on Dec. 24 to pick up its first cargo in Australia, with a return to Japan expected around late February, Kawasaki Heavy Industries Ltd. said.

December 24, 2021