The recent turbulence in cryptocurrencies such as Bitcoin and Ethereum has brought blockchain implementation into the public eye. At the same time, CXOs across industries are increasingly recognizing the potential value that blockchain can deliver.
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.
CARNARVON Petroleum Limited and its JV partner Quadrant Energy have made a “significant” oil discovery with the Dorado-1 well off the north-west coast of Western Australia.
Leading Australian employment consultancy Hays recently reported the outlook for the oil and gas industry was mainly positive, particularly in Western Australia, where there is increased growth in maintenance and sustainability.
There is a clear view that a turnaround in industry confidence is occurring, with the majority of the respondents suggesting that the local industry is in the early stages of recovery, although there was a strong perception that the real strength of the turnaround will be more noticeable in the mid-term (2 to 5 years).
Cost is not the biggest concern preventing oil and gas digital transformation – despite many organisations reducing IT spend in the face of challenging industry conditions.
The local oil and gas supply sector, wondering is there were any new projects coming over the “Horizon” have been provided with a major boost with Woodside today highlighting a string of new projects that are firmly in its development schedule.
The Australian Petroleum Production & Exploration Association (APPEA) has welcomed the announcement that Norwegian oil and gas powerhouse Statoil will pursue plans to explore for oil in the Great Australian Bight.
The Australian oil and gas sector received some further positive news when AWE Ltd announced that it was proceeding to the Front End Engineering and Design (FEED) stage for the exciting Waitsia Stage 2 gas development north of Perth.
CWT Energy, Resources & Marine and IBS Software Services launched a report showing how companies can cut their travel spend by up to 15 percent and reduce overall travel arrangement times by up to 75 percent. The white paper: Mining for Savings in Travel & Logistics explores the opportunities and challenges of consolidating logistics and […]