Australia

Field Development

Woodside Aims To Hit Go On $11 Billion Scarborough Gas Project In Early 2020

The company also said it is now targeting a final investment decision on the $20.5 billion Browse project in first-half 2021.

October 17, 2019

Trends

A&D Transactions From The Week Of Oct. 16, 2019

Here’s a snapshot of energy deals from the past week including Parsley Energy’s acquisition of its Permian neighbor Jagged Peak Energy in an all-stock transaction worth roughly $2.3 billion.

October 16, 2019

Acquisitions & Divestitures

ConocoPhillips Sells Northern Australia Assets To Santos For $1.39 Billion

ConocoPhillips has agreed to sell its northern Australian business to its partner Santos Ltd. for $1.39 billion, in a deal that will boost the Australian oil and gas group's output by 25%.

October 13, 2019

Field Development

Senex Energy Starts Gas Production At Project Atlas In Australia

Senex anticipates Surat Basin gas production will reach 18 petajoules per annum by the end of fiscal year 2021.

October 8, 2019

Unconventional

Australia's Santos Posts 'Extremely Positive' Oil Flow At Dorado Well

Australia's Santos Ltd. said on Oct. 8 results from a closely watched appraisal well showed its Dorado field in Western Australia could produce at the higher end of expectations.

October 7, 2019

Exploration & Production

Australia’s Explorers Step Up Hunt For Oil After Big Find

Several companies grabbed acreage in waters off Western Australia last year after Quadrant Energy, now owned by Santos Ltd., struck oil in the Dorado Field, Australia’s biggest oil find since 1996.

October 1, 2019

Seismic

Polarcus Secures XArray Multiclient Seismic Project In Australia

The project will commence in fourth-quarter 2019 with an approximate duration of two months.

October 1, 2019

People

Oil Search Managing Director Peter Botten To Retire In 2020 After 25 years

Papua New Guinea's biggest company Oil Search Ltd. said on Oct. 1 long-serving managing director Peter Botten will retire from the firm next year after 25 years in the role.

September 30, 2019

Digital Oilfield

Woodside Energy Moves Past Hype To Deploy Artificial Intelligence At Pluto LNG

Finding suitable applications for artificial intelligence and then implementing them at scale has challenged the oil and gas industry for many years. At Offshore Europe, Woodside Energy’s head of robotics, Alison Barnes, explained how the technology is being put to good use at its Pluto LNG facility in Australia.

September 30, 2019

Renewables , Subsea

Report: Australian Billionaire To Back $14 Billion Solar Power Supply To Singapore

Atlassian Corp. co-founder Mike Cannon-Brookes has pledged to help fund an ambitious A$20 billion (US$14 billion) project to supply solar power from northern Australia to Singapore by a subsea cable, an Australian newspaper reported on Sept. 25.

September 27, 2019