Australia

Business , Exploration & Production

Japan’s Inpex, Chevron Cut Jobs in Australia

Inpex operates the $45 billion Ichthys project in Darwin. Chevron’s operations in Australia have been hit this year by an outage at its giant Gorgon LNG plant.

September 18, 2020

Highlights , Field Development , Emerging Plays , Drilling

E&P: September 2020 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world featured in the September issue of E&P including plans to drill and test a play offshore the U.K. originally discovered by ConocoPhillips in 1982.

September 16, 2020

Exploration & Production

Chevron Delays Restart of Gorgon LNG Unit to October for Extra Repairs

Train 2 at Australia’s second-largest LNG plant has been shut since May for maintenance, which was extended after cracks were found in the production unit’s propane kettles.

September 3, 2020

Public Capital , Exploration & Production

Exxon Mobil Weighs Global Job Cuts after Unveiling Australian Lay-off Plan

Exxon is the latest oil major to embark on axing jobs spurred by a historic collapse in fuel demand because of the coronavirus pandemic.

September 2, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Aug. 28, 2020)

ConocoPhillips Alaska wildcat hits hydrocarbons plus high-volume Marcellus Shale completions by Chesapeake Energy in Pennsylvania’s Susquehanna County top this week’s drilling activity highlights from around the world.

August 28, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Aug. 19, 2020

Here’s a snapshot of recent energy deals including Southwestern Energy’s acquisition of Montage Resources in an all-stock deal, boosting its position in Appalachia’s Marcellus and Utica shale plays.

August 19, 2020

Public Capital , Exploration & Production , Acquisitions & Divestitures

BHP Plans Sale of Australian Bass Strait Oil Venture Stake

The Bass Strait joint venture is co-owned and operated by Exxon Mobil Corp., which has also put its 50% stake up for sale. Analysts have estimated the 50% stake could fetch up to $3 billion.

August 18, 2020

Public Capital , Acquisitions & Divestitures

Woodside Petroleum Says on the Lookout for Acquisitions

"We're clearly scanning the landscape very closely looking for opportunities," Woodside Petroleum CEO Peter Coleman told analysts on a conference call.

August 13, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Aug. 12, 2020

Here’s a snapshot of recent energy deals including the purchase of bankrupt Templar Energy by Presidio Petroleum, expanding Presidio’s Midcontinent position into Oklahoma’s STACK Play.

August 12, 2020

Unconventional , Drilling

Empire Taps Schlumberger to Help Unlock Potential Northern Territory Shale Resources

Plans are for Schlumberger Land Rig 183 to drill to a depth of about 2,900 m, allowing Empire to evaluate the targeted Velkerri Shale and Kyalla Shale, the company said in a news release.

August 11, 2020