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.
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.
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%.
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.
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.
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.
Seismic
Polarcus Secures XArray Multiclient Seismic Project In Australia
The project will commence in fourth-quarter 2019 with an approximate duration of two months.
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.
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.
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.