(Energy Analytics Institute, 1.Nov.2024) — MDU Resources Group, Inc. successfully completed the spinoff of its construction services subsidiary, Everus Construction Group. As a result of [more…]
Category: Australia-Oceania
Australia and Oceania
Viridien and SLB Complete Data acquisition in Bonaparte Basin, Offshore Australia
(Energy Analytics Institute, 24.Oct.2024) — Viridien and SLB recently completed the acquisition of a new multi-client survey in the Bonaparte Basin, off the NW coast [more…]
Woodside’s Record 3Q:24 Production Driven by Sangomar [PDF Download]
(Woodside, 16.Oct.2024) — Woodside Energy reported record third-quarter 2024 production of 53.1 MMboe (577 Mboe/d), up 20% sequentially from the second-quarter 2024 due to ramp-up [more…]
Truckline Installation Completed at Scarborough Project
(Energy Analytics Institute, 10.Oct.2024) — Saipem and sub-contractor teams completed the installation of the truckling at Woodside Energy’s Scarborough energy project. The 433-km trunkline will [more…]
Scarborough Primary Approval Challenge to be Dismissed
(Woodside, 19.Sep.2024) — Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough [more…]
Woodside Execs Visit NYSE in First Equity Market Briefing
(Energy Analytics Institute, 16.Sep.2024) — Woodside Energy completed its first North American equity market briefing at the New York Stock Exchange (NYSE) on 16 Sep. [more…]
US LNG Industry Under Pressure as Challenges and Uncertainty Mount
(FT.com, 17.Aug.2024) — The US liquefied natural gas industry faces mounting challenges as legal clashes with activists and contractors combine with a federal permitting freeze [more…]
Shell Invests in Phase 2 of Surat Gas Project in Australia
(Shell, 12.Aug.2024) — Arrow Energy, an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow Energy’s [more…]
Woodside to Acquire Tellurian: Transcript
(Woodside, 22.Jul.2024) — Woodside Energy Group Limited held an investor call to discuss its $900mn all-cash acquisition of Tellurian, Inc., which is developing Driftwood LNG. ____________________
Woodside to Acquire Tellurian for $1/share, Create LNG Powerhouse
(Woodside, 22.Jul.2024) — Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US [more…]
Woodside Revises Leadership Structure
(Woodside, 26.Jun.2024) — Woodside announced a revised leadership structure to deliver the next phase of the company’s strategy to thrive through the energy transition. The revised structure, which [more…]
JBIC $1bn Loan to Support Scarborough Energy Project
(Woodside, 30.May.2024) — Woodside signed a US$1bn loan agreement with the Japan Bank for International Cooperation (JBIC). The loan agreement, executed in Tokyo between Woodside CEO [more…]
Comment Ridge Receives $5mn Grant for Mahalo East
(Comet Ridge, 10.May.2024) — Comet Ridge Limited (ASX:COI) has been awarded a $5mn grant from the Queensland government to undertake a pilot test in Comet [more…]
EAI’s NRGBriefs: April 2024
(Energy Analytics Institute, 30.Apr.2024) — Energy briefs as well as others related to finance and projects during April 2024 including ExxonMobil, Hess and CNOOC announcing [more…]
Santos Reports 1Q:24 Results
(Santos, 18.Apr.2024) — Santos reported strong first quarter free cash flow generation and major project delivery. Focus on operational excellence generates strong free cash flow [more…]
Joint Statement from Papua New Guinea and TotalEnergies
(TotalEnergies, 8.Apr.2024) — Papua New Guinea Prime Minister James Marape and TotalEnergies Chairman and CEO Patrick Pouyanné met together to discuss the status of the [more…]
Woodside to Divest 15.1% Scarborough Interest to JERA
(Woodside, 23.Feb.2024) — Woodside has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; [more…]
First Modules Arrive for Woodside’s Scarborough Project
(Woodside, 21.Feb.2024) — The first three Pluto Train 2 modules for the Scarborough Energy Project have arrived in Karratha, Western Australia, marking a significant milestone [more…]
Woodside Ends Discussions with Santos
(Woodside Energy, 7.Feb.2024) — Woodside has ceased discussions regarding a potential merger with Santos Ltd. As a global energy company, Woodside continuously assesses a range [more…]
Xergy Opens News Offices in Australia and Scotland
(Xergy, 15.Jan.2024) —Technology company, Xergy, has opened new offices in Perth, Australia, and Dundee in Scotland to support increasing demand for its project management software, [more…]
Arcadium Completes Merger between Allkem and Livent
(Arcadium Lithium, 4.Jan.2023) — Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) announced the completion of the all-stock merger of equals between Allkem and Livent. The new, [more…]
Metalla Royalty Highlights Near-Term Catalyst
(Metalla, 6.Dec.2023) — Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) is pleased to profile its post-merger core assets and provide a three-year corporate strategy [more…]
WCI Charity to Support Communities in SE Asia
(WCI, 16.Jun.2023) — International non-profit organization Wildlife Conservation International (WCI) has announced the public launch of Forests for People, a new charitable entity in New Zealand to support and enhance the [more…]
FLNG Market Boasts $35bn EPC Contract Award Value 2023-27
(Westwood, 4.Apr.2023) — When Shell announced final investment decision (FID) on its Prelude floating liquefaction natural gas (FLNG) unit in May 2011, it was meant [more…]
Chevron and JERA to Explore CCS projects in the US and Australia
(Chevron, 7.Mar.2023) — Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA Co., Inc. have signed a Memorandum of Understanding (MOU) that provides [more…]
US Surges to Top of LNG Exporter Ranks on Breakneck Growth
(Bloomberg, 12.Jan.2023) — The US tied Qatar as the world’s top exporter of liquefied natural gas last year, a milestone for the meteoric rise of [more…]
Chevron Delivers First Offset-Paired LNG Cargo
(Chevron, 29.Sep.2022) — Chevron Corporation‘s (NYSE: CVX) subsidiary, Chevron U.S.A. Inc. (Singapore Branch) (Chevron), has safely delivered its first shipment of offset-paired liquefied natural gas (LNG) cargo. Greenhouse gas [more…]
EOG Eyes Beehive Prospect Offshore Australia in 2023
(Energy Analytics Institute, 20.Sep.2022) — EOG Resources intends to drill an exploration well targeting the Beehive Prospect in 2023 in offshore Australia. In Australia, an [more…]
Diamond Offshore Reveals New Contract Offshore Australia
(Energy Analytics Institute, 31.Aug.2022) — Diamond Offshore Drilling, Inc. (NYSE: DO) revealed that Inpex Operations Australia Pty Ltd entered into a new contract to utilize the [more…]
Strohm’s TCP to Support Emergency Response System for Scarborough field
(Strohm, 9.Aug.2022) — Strohm has been contracted to manufacture and deliver two Thermoplastic Composite Pipe (TCP) flowlines to Australia’s largest natural gas producer Woodside Energy [more…]
BHP’s Operational Review for the Year Ended 30 June 2022 [PDF Download]
(BHP, 19.Jul.2022) — BHP provided a detailed operational review for the year ended 30 June 2022. BHP Chief Executive Officer, Mike Henry: “BHP produced a [more…]
Strike Energy Eyes West Erregulla-3 Re-entry
(Strike Energy, 31.May.2022) — Strike Energy Limited (Strike – ASX: STX) provided an update on the appraisal drilling activities at the West Erregulla gas field [more…]
NRGBriefs: Chevron Dividend; Guyana Oil Demand; Argentina’s LNG Growth
(Energy Analytics Institute, 27.Apr.2022) — Energy briefs including Argentina’s Economic Minister Martín Guzmán saying that the country could generate around $15bn per year from exporting [more…]
Environmental Lawyer Targeted by Chevron Freed from Under House Arrest
(Gizmodo, 26.Apr.2022) — After 993 days, Steven Donziger is finally free. On Monday, the embattled lawyer, who has been targeted by Chevron for years in [more…]
NRGBriefs: Mexicans Back Recall Vote; Neuquén Officials on Houston Roadshow
(Energy Analytics Institute, 11.Apr.2022) — Energy briefs including approximately 90% of Mexican citizens voting this past weekend to back a recall election that would allow [more…]
Woodside Investors to Benefit from $40bn Merger with BHP Arm
(Reuters, 8.Apr.2022) — Australian gas producer Woodside Petroleum Ltd‘s agreed merger with BHP Group‘s petroleum arm is in the best interest of its shareholders, an [more…]
Lithium Exploration at Cuprite West and Cuprite East
(Australian Goldfields, 19.Jan.2022) — Australian Goldfields Limited (formerly Graphite Energy Corp.) (CSE: AUGF) (OTC: GRXXF) (Frankfurt: G0A) provided an exploration update for the Cuprite East and Cuprite [more…]
Saipem Inks Two New Offshore Deals in Australia and Guyana
(Saipem 11.Jan.2022) — Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Francesco Caio, [more…]
Saipem wins $1.1bn contracts in Australia and Guyana
(Reuters, 11.Jan.2022) — Italian energy services group Saipem said on Tuesday it had won two offshore contracts in Australia and Guyana for a total amount [more…]
NRGBriefs: Colombia Eyes Net-zero Deforestation By 2030
(Energy Analytics Institute, 22.Oct.2021) — Energy briefs including Corporación Nacional del Cobre de Chile (Codelco) announcing final results of a previously announced offer to purchase [more…]
Now Activists Want BHP To Keep Its Fossil Fuels
(Bloomberg, 11.Aug.2021) — BHP Group, the world’s top miner, should abandon plans for multi-billion dollar sales of fossil fuels assets and instead responsibly close down the [more…]
Jansz-Io Compression Project To Proceed
(Chevron, 1.Jul.2021) — Chevron Corporation (NYSE: CVX) announced that its wholly owned subsidiary Chevron Australia Pty Ltd. as operator and the Gorgon joint venture participants [more…]
PT Pertamina Shipping Subholding Company Revealed
(PT Pertamina, 6.May.2021) — State-Owned Enterprises (SOE) Minister, Erick Thohir, unveils PT Pertamina (Persero)‘s first shipping subholding company, PT Pertamina International Shipping (PT PIS). Minister Thohir [more…]
Total Confirms Remobilization, Planning Of The Papua LNG Project
(Total, 5.May.2021) — A meeting took place on 3rd of May between Patrick Pouyanné, Chairman and CEO of Total, and a Delegation of Papua New [more…]
Shell Completes Sale Of Interest In QCLNG
(Shell, 15.Mar.2021) — QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, today announced it has completed the sale of a 26.25% interest [more…]
EnergyQuest’s 1st Australian LNG Shipment To Chile
(EnergyQuest, 19.Aug.2020) — Australia has just shipped its first LNG cargo to Chile. The cargo is from the Shell-operated QCLNG project at Gladstone in Queensland. [more…]
AES And 5B Pushing Solar Energy Transition
(AES, 30.Jul.2020) — The AES Corporation has made a strategic investment in 5B, a solar technology innovator based in Sydney, Australia. 5B’s revolutionary Maverick design [more…]
Chevron Expects To Restart Train 2 Of Gorgon LNG Plant
(Reuters, 28.Jul.2020) — Chevron Corp expects to restart Train 2 of its Gorgon liquefied natural gas (LNG) plant in Australia in early September after completing [more…]
Chevron Completes Purchase Of Puma Energy (Australia)
(Chevron, 30.Jun.2020) — Chevron Australia Downstream Pty Ltd., a wholly-owned subsidiary of Chevron Corporation, today announced that it has completed the acquisition from Puma Energy [more…]
Arrow Energy Sanctions Surawat Gas Project
(Energy Analytics Institute, Jared Yamin, 16.Apr.2020) — Wood Mackenzie senior analyst Daniel Toleman comments on Arrow Energy’s announcement on the sanction of the Surawat Gas [more…]
Rosneft Cool On Venezuela’s Sweeter Gas Terms, For Now
(Argus, 6.Nov.2019) — Venezuela is offering sweeter fiscal terms to Russia’s state-controlled Rosneft for two offshore natural gas fields that are well-positioned to supply nearby [more…]
Bolsonaro Wants Brazil In OPEC
(AAWSAT, Mosaed al-Zayani, 31.Oct.2019) — Brazil’s President Jair Bolsonaro said Wednesday he was keen for his country to join OPEC, a move that would add [more…]
Bolsonaro Wants Brazil In OPEC
(Reuters, Stephen Kalin, Rania El Gamal, Alex Lawler, 30.Oct.2019) — Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, [more…]
OFAC Gives Nynas AB Time
(Sputnik, 18.Oct.2019) — The United States has extended a license that allows certain transactions with PDVSA’s joint venture Nynas AB despite US sanctions on the [more…]
BHP Ends Drilling Offshore Trinidad And Tobago
(Offshore, 17.Oct.2019) — BHP has had mixed results from the final two wells of its latest exploration campaign on its northern licenses offshore Trinidad and [more…]
BHP Ends Offshore Trinidad Drilling
(Offshore, 17.Oct.2019) — BHP has had mixed results from the final two wells of its latest exploration campaign on its northern licenses offshore Trinidad and [more…]
Petrobras Signs Charter Deals For Marlim
(Petrobras, 15.Oct.2019) — Petrobras signed letters of intent (LoI) with the Japanese company Modec (Marlim Unit 1) and the Malaysian company Yinson (Marlim Unit 2), [more…]
Qatar Petroleum Wins Three Blocks Offshore Brazil
(QP, 10.Oct.2019) — Qatar Petroleum has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia. The winning bids were [more…]
ANP 16th Round Attracts Record R$8.9bn Signings
(ANP, 10.Oct.2019) — The 16th Bidding Round collected R$ 8.9 billions in signature bonuses, a record value among the concession rounds already held in Brazil. [more…]
Brazil Approves 14 Firms For November Oil Tender
(Reuters, 30.Sep.2019) — Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses [more…]
Maduro Hopes Putin Will Offer More Than Words
(FT.com, Michael Stott and Henry Foy, 24.Sep.2019) — Threats of military invasion, sweeping economic sanctions, people power, recognition of a rival government, even an attempted [more…]
PDVSA Halts Blending At PetroPiar JV
(Argus, 16.Sep.2019) — Venezuela’s national oil company PdV has suspended crude blending at its 210,000 b/d PetroPiar joint venture with Chevron because of storage constraints, [more…]
CNPC Skips Venezuelan oil Loading For Second Month
(Reuters, Chen Aizhu, 10.Sep.2019) — China National Petroleum Corp (CNPC), a leading buyer of Venezuelan oil, will skip cargo loadings for a second month in [more…]
Michelin Announces Theme For 20th Design Program
(Michelin, 30.Aug.2019) — Michelin North America will celebrate its 20th global design competition, Michelin Challenge Design, in 2020 by linking the past to the future [more…]
Höegh LNG Partners Reports 2Q:19 Financial Results
(Höegh, 22.Aug.2019) — Höegh LNG Partners LP reported its financial results for the quarter ended June 30, 2019. Highlights — Reported total time charter revenues [more…]
Höegh LNG Announces 2Q:19 Presentation Results
(Höegh, 22.Aug.2019) — Höegh LNG Partners LP will hold a presentation Thursday, August 22, 2019, at 8:30 A.M. (EST) to discuss financial results for the [more…]
China Stays Venezuela Course
(Argus, 20.Aug.2019) — The Chinese government is so far showing no sign of curtailing its oil ties to Venezuela, despite state-owned PetroChina’s rescheduling of Merey [more…]
OPEC Sees Bearish Oil Outlook For Rest Of 2019
(Reuters, Alex Lawler, 16.Aug.2019) — OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted [more…]
Karoon Eyes Output Boost After Grabbing Field
(Reuters, Marta Nogueira, 25.Jul.2019) — Karoon Energy Ltd aims to boost production by more than 60% at an oilfield it is purchasing from Petroleo Brasileiro [more…]
TechnipFMC Awarded Contract For Arctic LNG 2
(Technip, 23.Jul.2019) — TechnipFMC has been awarded a major(1) Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 [more…]
BPs’s Statistical Review Of World Energy, Edition 2019
(BP, 21.Jun.2019) — BP released its Statistical Review of World Energy, edition 2019, which provides a timely and objective insight into those developments and how [more…]
Renewables Can Benefit The Upstream Business: WoodMac
(WoodMac, 12.Jun.2019) — One of the hottest topics at APPEA was how to use renewables to benefit an upstream business, rather than replace it. At [more…]