Chevron-led Wheatstone LNG project west of Onslow, Australia has progressed its commissioning phase both on the offshore platform and Train 1.
Australia’s Santos increased its sales of liquefied natural gas (LNG) in the first quarter as it boosted production at its GLNG plant on Curtis Island. Santos operates the GLNG project with a 30 percent stake and holds equity in the Darwin LNG project, and PNG LNG in Papua New Guinea. Santos said in
Perth-based Woodside said its revenue for the first quarter dropped 8.8 percent due to lower production impacted by adverse weather conditions.
Australian LNG operator Santos further reduced its debt and costs in the first quarter of 2017, as sales revenue rose compared to the corresponding quarter year.
Multi-client seismic data specialist Spectrum has started a 35,000 km Multi-Client 2D seismic survey covering 435,000 km2 offshore the deep waters of Argentina in cooperation with YPF S.A. and the authorization of the Ministry of Energy and Minerals. This survey is designed in close cooperation with
Australian LNG player Woodside has begun expansion studies for its Pluto liquefied natural gas export plant in Western Australia. Woodside’s Chief Executive Peter Coleman said in February this year that the company was planning further capacity enhancements and mid-scale or large-scale expansion at
American oil and gas services provider Helix Energy Solutions has informed that the Siem Helix 1 vessel has started operations offshore Brazil and is on contract for Petrobras. The Siem Offshore-owned well intervention vessel will be performing well intervention services under a multi-year contract
The Oil and Gas Authority (OGA), the UK oil and gas regulator, has reaffirmed its focus on the importance of collaboration and is urging industry to increase the pace at which licensees develop a culture of collaboration internally, and externally with existing joint venture (JV) partnerships and be
The Philippine Coast Guard and Navy have thwarted a pirate attack on a freighter off Zamboanga del Norte, the Philippines, the Coast Guard confirmed to World Maritime News. The attack occurred in the morning hours of April 18. The cargo vessel, M/V Annabelle City, was sailing to Zamboanga from Iloil
McKinsey Energy Insights (MEI), a specialist energy data and analytics unit within McKinsey consulting firm, has released its latest Global Oil Supply and Demand Outlook, which claims that oil prices will revolve around $60–70/bbl over the next three years. The report identifies five potential suppl
Hyperdynamics’ subsidiary, SCS Corporation (SCS), South Atlantic Petroleum (SAPETRO), and the government of Guinea have executed a third amendment to the 2006 production sharing contract (PSC), which will enable the transfer of interest in the Guinea concession to SAPETRO. The second amendment, whic
Scaldis has installed the 2000-tonne offshore substation topside on the 400MW Rampion offshore wind farm some 14 kilometres off the Sussex coast.
By Sonali Paul MELBOURNE (Reuters) – The Australian government said it was “encouraged” on steps taken to avert a gas crisis after meeting on Wednesday with producers and the energy market operator, but it held out the threat of regulatory steps to address any supply shortages. Australia’s energy ma
The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter of the year compared to the fourth quarter of 2016, according to VesselsValue. The fleet’s reach was over 2.5 trillion ton miles in the first three months of 2017, with a reduction in
