Australian oil and gas company Santos, with its partner Carnarvon, is progressing works on the development of the Dorado oil field off W. Australia, with pre-FEED contracts for the FPSO awarded to three 'world-class' contractors. The final investment decision date however鈥
Carnarvon Petroleum, a partner in Santos-operated Dorado oil field off W. Australia, has said that work on the FEED for the Dorado development continues unabated by the recent global events.Carnarvon stressed that the spread of the COVID-19 virus and the fall in oil prices were serious matters鈥
Australian oil company Carnarvon Petroleum has received preliminary results of the 2019 Keraudren 3D seismic survey carried out over the acreage containing the giant Dorado oil discovery in the Bedout Basin offshore W. Australia.Carnarvon is a partner in the field鈥
Santos Ltd, Australia's No. 2 independent gas producer, said on Tuesday it is reviewing all its capital spending plans in light of the collapse in oil prices and would stop all new hiring.Santos had planned to spend $1.45 billion in 2020, including $500 million on major growth activities鈥
It鈥檚 been quite a month for Equinor 鈥 new stakes in European wind; new Gulf of Mexico deepwater acreage; new frame contracts for major suppliers plus an endorsement from the International Energy Agency for its energy mix.Not bad 鈥 oh, and an鈥
Santos Ltd posted record annual production on Wednesday, benefiting from higher gas output at its Western Australia assets.Australia's second-biggest independent gas producer acquired Quadrant Energy in late 2018 for more than $2 billion, boosting鈥
Santos Ltd on Tuesday increased its forecast for 2025 production by 20% underpinned by oil and gas projects it plans to develop in Australia and Papua New Guinea.The company plans to produce 120 million barrels of oil equivalent (mmboe) a year by 2025鈥
Exploration and production (E&P) companies are expected to enter 2020 with measured optimism for offshore exploration prospects, after 2019 delivered a moderate increase in exploration drilling and not-so-moderate rise in licensing activity鈥
Australia's number two independent gas producer Santos Ltd on Thursday said third-quarter production and sales volumes peaked to record levels, benefiting from higher output from its Western Australia assets.Revenue of $1.03 billion was the second highest quarterly sales on record鈥
Australia's oil exploration has picked up over the past year following the country's biggest find in more than two decades, and could drive a resurgence in production that has fallen to a near 50-year low.A successful hunt for liquids could eventually beef up fuel security in Australia鈥
Oil and gas explorer Carnarvon Petroleum Ltd said on Wednesday that drilling results from the Dorado-3 appraisal well in Western Australia confirmed oil and gas reserves.The wireline logging well has successfully confirmed a hydrocarbon bearing reservoir within the Caley鈥
Norway's Equinor ASA said on Thursday it has been awarded a new exploration permit in shallow waters off Western Australia, close to the Dorado field, Australia's biggest oil find in more than two decades.Equinor, which will be 100% owner and operator of the permit鈥
Santos said it has been awarded new acreage offshore Western Australia, in a 50-50 joint venture with BP.Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin鈥
The Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia, operator Santos announced on Thursday.The well was drilled down-dip approximately 2 kilometers from the Dorado-1 discovery鈥
Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.Production for the three months to June 30 rose to 18鈥
