Quadrant Energy has commenced drilling of the Roc-2 well, offshore Western Australia, said partner Carnarvon Petroleum. The main aims of the Roc-2 well are to appraise the Roc gas-condensate discovery in the Caley section. The information鈥
The next five years will bring a reshaping of the global gas trade, the International Energy Agency (IEA) said in its 2016 Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens鈥
Software that enables acoustic data to be streamed in real-time from subsea structures as they are installed has helped to reduce non-production time (NPT) for independent oil and gas producer, INPEX, and its survey contractor, Neptune Geomatics鈥
Tracerco, an oil and gas service company part of Johnson Matthey, has brought its technology to the Australasia region, permanently basing their equipment at their Western Australia facility in Perth. OTC Spotlight on New Technology 2015 winner鈥
Wood Group is continuing to expand its Automation and Control business, establishing automation capabilities at Wood Group Mustang鈥檚 Kuala Lumpur office to serve the Asia Pacific market. With this entry into the Asia Pacific markets,鈥
Carnarvon Petroleum has announced that operator Quadrant Energy has spud the Roc-1 well on 24 November 2015. Drilling is expected to reach 4700m total depth, and take about 35-40 days trouble free. Well logging and sidewall coring is expected to take about 5-10 days on success case鈥
Mitsui has reached an agreement with Santos concerning the acquisition of Santos' 35% working interest in the Kipper gas and condensate field offshore Southern Australia. The sales and purchase agreement was signed on 6 November 2015 between鈥
Origin Energy is entering a deal to sell 53% stake of its New Zealand subsidiary Contact Energy for approximately US$3.06 ($4.65 NZD) per share in an attempt to reduce the company鈥檚 debt and costs. Image of BassGas鈥
Mechanical engineering group EnerMech has announced that general manager Niall Conlon has been promoted to director of its Australian operations, with Ciaran Hallinan taking over his role as general manager. The promotion is in recognition鈥
Polarcus has secured further industry prefunding enabling the expansion of the Capreolus 3D multi-client project offshore Australia. The additional pre-funding will see the survey expand northwards with an additional 7130sq km to be covered鈥
Dubai's Drydocks World has successfully completed turret modules 1 and 2 for the world鈥檚 largest floating liquefied natural gas (FLNG) facility. This innovative FLNG facility will be stationed at Shell's Prelude gas field off the northwest coast of Australia鈥
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that鈥
On 17 July, senators in the Australian Parliament voted to disallow the Federal Government from continuing to issue Maritime Crew (subclass 988) visas to foreign workers for the purposes of working in Australia鈥檚 offshore oil and gas industry鈥
Two Total Marine Technology ROVs have just passed deepwater acceptance tests to 3000m in the North Atlantic Ocean with perfect scores. The Typhoon MK2 ROVs are now on their way to Brazil as part of a five-year contract with Petrobras. In total鈥
Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government鈥檚 2013 云顶赌场老虎机 Petroleum Exploration Acreage Release鈥
