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Regional News: Austral-Asia

 
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Chevron Seeks to Exit Caltex Australia with $3.6B Stake Sale
Friday, March 27, 2015 Chevron seeks to sell its entire stake in Caltex Australia for $3.6 billion.

AWE Spuds Irwin-1 Exploration Well in Onshore Perth Basin
Thursday, March 26, 2015 AWE spuds the Irwin-1 exploration well in Perth Basin, Western Australia.

ConocoPhillips Awards Bayu-Udan Satellite Communications Deal to Speedcast
Thursday, March 26, 2015 Speedcast bags satellite communications services contract from ConocoPhillips for the Bayu-Udan field in Timor Sea.

Santos, Japanese-led Team Make New Oil Find Off Malaysia
Wednesday, March 25, 2015 Santos and its Japanese and Malaysian partners hit oil in an exploration well in deepwater off Sabah in east Malaysia, and are planning to drill further to evaluate the find.

Rigzone-TRG Survey Finds Strong Industry Loyalty Among APAC O&G Employees
Wednesday, March 25, 2015 A recent survey finds Asia Pacific oil and gas professionals staying loyal to the industry although there were dissatisfaction with the current benefit packages.

  



Apache Contracts Ocean America to Drill Levitt-1 Well in Carnavon Basin
Tuesday, March 24, 2015 Apache contracts Diamond Offshore's Ocean America semisub to drill the Levitt-1 prospect in permit WA-482-P in the Carnarvon Basin, offshore Western Australia.

Atwood Falcon to Complete Drilling Munia Prospect in Perth Basin in April
Tuesday, March 24, 2015 Murphy plans to complete drilling the Munia exploration well in WA-481-P offshore Western Australia in April after failing to find hydrocarbons at two other prospects in the permit.

First Oil Flows from Offshore Maari MR6A Development Well in Taranaki Basin
Tuesday, March 24, 2015 First oil flows from the Maari MR6A development well in Taranaki Basin, offshore New Zealand.

Woodside to Cut 300 Jobs, Freeze Pay to Battle Oil-Price Drop
Tuesday, March 24, 2015 Woodside says it would axe about 300 jobs this year and freeze all salaries as it continues to slash costs to cope with a sharp slump in oil prices.

Clyde Russell: LNG's Move to Structural Surplus Mirrors Iron Ore, Coal
Monday, March 23, 2015 Is liquefied natural gas the next iron ore or coal, destined for an extended period of weak prices amid a shift from market deficit to structural oversupply?

Central Petroleum Commissions Dingo Gas Project in Northern Territory
Monday, March 23, 2015 Central Petroleum successfully commissions the Dingo Gas Project in Northern Territory, Australia.

Deloitte: Time Right to Reinvent Human Resources Profession in Oil, Gas
Friday, March 20, 2015 An Australian oil and gas industry in transition has provided a platform for human resources professionals to deliver a more valuable service, Deloitte says.

Woodside Restarts Production at Pluto LNG Plant in Western Australia
Friday, March 20, 2015 Woodside restarts production at its Pluto liquefied natural gas plant in Burrup Peninsula, Western Australia.

Gardline CGG Clinches Contract for Gippsland 2D Infill Seismic Survey
Thursday, March 19, 2015 Gardline CGG clinches a contract to acquire the Gippsland 2D Infill marine seismic survey offshore Victoria, Australia for Geoscience Australia.

Venture Taranaki: NZ Oil & Gas Industry Adds More Jobs in Recent Years
Thursday, March 19, 2015 Venture Taranaki says in a study that New Zealand's oil and gas industry created more jobs and generated more income for the country's economy last year compared to 2010.

TAG Oil Prepares Cheal-E2 Well in Taranaki Basin's PEP 54877 for Production
Wednesday, March 18, 2015 TAG Oil prepares Cheal-E2 well in PEP 54877 in New Zealand's Taranaki Basin for production.

Rey Resources Considers Next Move in Concluding Acquisition of Derby Block
Wednesday, March 18, 2015 Rey Resources considers its next move in concluding the acquisition of the Derby Block in the Canning Basin, Western Australia.

Kina Petroleum Prepares to Drill 2 Exploration Wells in PPL 337 in PNG
Wednesday, March 18, 2015 Kina Petroleum prepares to drill two exploration wells in PPL 337 in Papua New Guinea.

Santos Finds West Gas at Kyanite-1 Well in PEL 513 in Cooper Basin
Tuesday, March 17, 2015 Drillsearch Energy finds wet gas at Kyanite-1 exploration well in PEL 513 in the Cooper Basin, Australia.

Atwood Osprey Semisub Temporarily Out of Service for Repairs
Tuesday, March 17, 2015 Atwood Osprey semisub temporarily put out of service as repairs are needed after drifting from its drilling location off the north west coast of Australia during Cyclone Olwyn.

MEO Confirms Farm-out of 30% Stake in Permit WA-488-P Offshore WA
Tuesday, March 17, 2015 MEO Australia says an international exploration company agreed to exercise its option to farm-in for a 30 percent interest in permit WA-488-P offshore Western Australia.

Matrix C&E Clinches $32.2M Drilling Riser Buoyancy Contracts
Tuesday, March 17, 2015 Matrix Composites and Engineering clinches $32.2 million contracts for the supply of drilling riser buoyancy.

Real Energy Updates on Operations at 2 Cooper Basin Wells in Queensland
Monday, March 16, 2015 Real Energy provides update on operations at Tamarama-1 and Queenscliff-1 wells in Cooper Basin, Queensland, Australia.

Origin Spuds Yolla-5 Production Well in Bass Strait with West Telesto
Monday, March 16, 2015 Origin Energy spuds Yolla-5 production well in Bass Strait offshore Australia using the West Telesto jackup.

Woodside Temporarily Shut-in Production at Pluto LNG Plant in WA
Monday, March 16, 2015 Woodside temporarily shut-in production at the Pluto liquefied natural gas plant in Western Australia.

Kea Relinquishes Mercury Permit in Taranaki Basin, Offshore New Zealand
Friday, March 13, 2015 Kea Petroleum relinquishes Mercury permit in PEP 52333, offshore Taranaki, New Zealand.

Slow Year Ahead for Floating Production as Industry Downturn Bites
Friday, March 13, 2015 Orders for floating production systems may see a slowdown in 2015 as companies hold back on new orders amid an uncertain business environment.

Orca Energy to Sell Cooper Basin Assets in South Australia to Senex Energy
Friday, March 13, 2015 Orca Energy agrees to sell its upstream assets in South Australia's Cooper Basin to Senex Energy for $1.5 million.

Real Energy Confirms Queenscliff-1 Well in Cooper Basin as a Gas Discovery
Thursday, March 12, 2015 Real Energy confirms Queeenscliff-1 well in exploration permit ATP927P in Cooper Basin, Queensland, Australia as a gas discovery.

JV Proposes Variation to Work Program for Permit WA-454-P Offshore WA
Thursday, March 12, 2015 The WA-454-P Joint Venture plans to propose a variation to the work program for the exploration permit located off Western Australia.

Searcher Seismic, BGP Commence Bilby 2D Seismic Survey Offshore WA
Thursday, March 12, 2015 Searcher Seismic and BGP commence the Bilby 2D seismic survey offshore Western Australia.

Shell, Chevron Improve Australian LNG Competitiveness with Technology
Thursday, March 12, 2015 In Australia's high-cost environment Chevron and Shell are focusing on technological developments to keep their LNG projects competitive on a global scale.

Ferguson Expands Fleet Size in Malaysia to Grow its Southeast Asia Business
Thursday, March 12, 2015 Ferguson increase its fleet size in Malaysia as part of the firm's expansion in Southeast Asia.

NGE Completes Sale of a 50% Stake in PPL 269 in Papua New Guinea to Santos
Wednesday, March 11, 2015 New Guinea Energy completes the sale of a 50 percent stake in petroleum prospecting license 269 in Papua New Guinea to Santos.

Key Petroleum Prepares for Dunnart-2 Well Testing Program in Perth Basin
Wednesday, March 11, 2015 Key Petroleum prepares for an upcoming testing program at Dunnart-2 exploration well in permit EP437 in the Perth Basin, Western Australia.

Baraka Applies to Renew Exploration Permit EP128 in NT's Georgina Basin
Wednesday, March 11, 2015 Baraka Energy & Resources applies to renew exploration permit EP128 in the Georgina Basin, Northern Territory, Australia.

Strike Continues Flow Testing Operations at Le Chiffre 1, Klebb Wells in SA
Wednesday, March 11, 2015 Strike Energy continues flow testing operations at Le Chiffre 1 and Klebb wells at the Southern Cooper Basin Gas Project in PEL 96 in South Australia.

Tap Oil Adds Two Exploration Blocks Offshore Western Australia
Tuesday, March 10, 2015 Tap Oil gains two Western Australian exploration blocks offered under the 2014 Offshore Petroleum Exploration Acreage Release.

Beach Energy Finds Oil at Stanleys-1 Well in PRL 171 in SA's Cooper Basin
Tuesday, March 10, 2015 Beach Energy discovers oil at Stanleys-1 exploration well in permit PRL 171 in South Australia's Cooper Basin.

Australia's Bhagwan Marine Ventures into the Subsea Sector
Tuesday, March 10, 2015 Australia's marine vessel operator Bhagwan Marine ventures into the subsea sector.

Work on Pateke-4H Subsea Tie-back Project Underway at NZís Tui Oil Fields
Friday, March 06, 2015 AWE says work has begun on the Pateke-4H subsea tie-back and installation project at Tui Area oil fields offshore New Zealand.

Australia's Tap Oil Conducts Strategic Review of its Asset Portfolio
Friday, March 06, 2015 Australia's Tap Oil launches a review of its business and asset base in response to the recent change in market conditions in the oil and gas industry and to maximize value for all shareholders.

Comet Ridge Updates on Mahalo 7 Horizontal Well Project in Queensland
Friday, March 06, 2015 Comet Ridge updates on the Mahalo 7 horizontal surface to in-seam well project in Mahalo Block in Queensland's Bowen Basin, Australia.

Vietnam's PV Drilling Shelves Fleet Expansion, Waits on Market Recovery
Friday, March 06, 2015 PV Drilling is putting fleet expansion on hold as operating dayrates soften on lower offshore drilling activity.

Norwest to Conduct Seismic Survey at Arrowsmith in Perth Basin
Thursday, March 05, 2015 Norwest Energy gains approval to proceed with seismic survey at Arrowsmith in exploration permit EP 413 in the Perth Basin, Western Australia.

Linc Energy Resumes Drilling at Eba 1 Well in PEL 121 in South Australia
Thursday, March 05, 2015 Linc Energy resumes drilling at Eba 1 well in PEL 121 in the Arckaringa Basin in South Australia after delays caused by a leaking wash pipe.

ACCC Clears Woodside's Acquisition of Apache's Stakes in LNG Projects
Thursday, March 05, 2015 Woodside edges closer to completing its $2.75 billion acquisition of Apache's interests in Australia's Wheatstone and Balvanes projects as well as the Kitimat project in Canada.

Hays: Changing LNG Phase Helps Position Australia for Oil Plunge
Wednesday, March 04, 2015 Falling oil price has not only forced petroleum companies to shift their outlook, but also HR firms sourcing personnel for projects and operations, the Australian arm of Hays reveals.

Eneabba Gas Pens Deal for Option to Acquire EP 477 Permit in Perth Basin
Wednesday, March 04, 2015 Eneabba Gas pens agreement for option to acquire 100 percent stake in exploration permit 477 in the Perth Basin, Western Australia.

Beach Energy Finds Gas at Ragnal-1 and Oil at Martlet-1 Wells in Australia
Wednesday, March 04, 2015 Beach Energy discovers gas at Ralgnal-1 well in PRL 130 and oil at Martlet North-1 well in PRL 148 in Australia.

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