Australia
Public Capital , Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , Midstream
Chevron’s Stake in Australia’s Biggest LNG Project for Sale
Analysts said it made sense for Chevron to sell its North West Shelf LNG stake now, after it failed to seal a deal to supply gas to the plant from its undeveloped Clio and Acme fields.
Exploration & Production
Australian State Recommends Approving Controversial $2.5 Billion Santos Gas Project
The recommendation, following a three-year review, was handed over June 12 to the state’s Independent Planning Commission, which now has 12 weeks to determine whether the A$3.6 billion ($2.5 billion) project should go ahead.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of June 10, 2020
Here’s a snapshot of recent energy deals including the closing of Apergy’s multibillion-dollar merger with Ecolab’s upstream business to form ChampionX.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of June 3, 2020
Here’s a snapshot of recent energy deals including the closing of the sale of ConocoPhillips’ Northern Australia business for nearly $1.4 billion.
Exploration & Production , Acquisitions & Divestitures
ConocoPhillips Completes $1.39 Billion Sale of Northern Australian Business
ConocoPhillips had previously announced the sale of its Australia-West assets and operations to partner Santos in October 2019.
Technology
Santos Names Weatherford as Contractor of the Year
Weatherford International Plc has been named Contractor of the Year by Santos, one of the leading independent oil and gas producers in the Asia-Pacific region, on May 19.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (May 8, 2020)
A Niobrara Shale discovery in the Powder River Basin by EOG Resources plus high-volume Haynesville completions in Louisiana’s Red River Parish top this week’s drilling activity highlights from around the world.
Subsea
Wood, NERA Partner to Develop Subsea AI Inspection Tool
Wood and NERA (National Energy Resources Australia) have formed a partnership on May 5 to develop and deliver a solution for the inspection of critical industrial equipment, particularly for subsea oil and gas infrastructure.
Crude Oil , International , Storage
Australia to Spend $60 Million Buying Oil to Store in US Reserve
10-year deal will allow Australia to stockpile crude and eventually increase storage in the country.
Umbilical , Flowlines
TechnipFMC Wins EPCI Contract for Woodside’s Offshore Australia Fields
TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.