Timor-Leste is set to become the majority owner of the Greater Sunrise gas field after taking Shell’s 26.56% stake for US$300 million (AUD$415 million) following on from an earlier buy-out of ConocoPhillips’ 30% stake for $350 in early October.
SANTOS has outlined plans to grow production to more than 100 million barrels of oil equivalent (mmboe) by 2025, almost doubling current levels of production.
AS expected, a string of drilling successes off the WA coast has attracted a big suitor to Quadrant Energy, with Santos announcing it will pay US$2.15 billion to acquire 100% of the company a month after it made the huge Dorado oil discovery.
As one of the world’s premier LNG producers Australia is expected to benefit from a major transition to gas in global energy mix.
The Australian Government has continued its commitment to AOG 2018 Principal Sponsor NERA with a significant announcement in the 2018-19 Budget.
Safer Together WA/NT is a new model of safety collaboration for the Oil and Gas Exploration and Production Industry in Western Australia and the Northern Territory.
Identifying new outlets for gas is becoming mission critical for LNG producers.
A meeting of state and federal energy ministers in 2016 highlighted the critical role that gas will play in Australia’s rapidly evolving energy sector.
Just where is the Australian oil and gas industry headed and what are the next projects “over the horizon” that the service and supply sector can look forward to?
Over the past 10 years, Australia’s liquefied natural gas (LNG) industry has been at the very heart of the gas revolution, delivering eight highly complex, technically leading edge, world scale projects. Our industry is now contributing significantly to overall energy supply and helping to transform gas into a global, fungible and liquid commodity. Over the […]