Regional News: Austral-Asia

 
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APPEA Urges Australia's NT to Invest in Onshore Gas Projects, Create Jobs
Wednesday, May 25, 2016 The Australia Petroleum and Production Exploration Association urges Australia's Northern Territory to invest in onshore gas projects to create new jobs for the state economy.

Australia's Tap Oil Renews Board, Appoints Three New Directors
Tuesday, May 24, 2016 Australia's Tap Oil renews company board with appointment of three new directors.

Decmil Bags Framework Deal with QGC for Brownfield Projects in Surat Basin
Tuesday, May 24, 2016 Decmil Australia bags a framework agreement with QGC for brownfield projects within the Surat Basin in Queensland, Australia.

PNG Watchdog: Oil Search, InterOil Should Seek Approvals For Merger
Tuesday, May 24, 2016 Papua New Guinea may challenge the $2.2 billion merger between Oil Search and InterOil if they fail to comply with anti-competition procedures, the country's corporate watchdog says.

Real Energy Commences Fracture Stimulation Program at Tamarama-1
Monday, May 23, 2016 Real Energy Corporation Limited commences a five-stage fracture stimulation program at theTamarama-1 well at located in the Windorah Gas Project in ATP 927P, Australia, Queensland.

  


Magellan Sells Australia's Mereenie Field Bonus Rights to Macquarie Bank
Friday, May 20, 2016 Magellan Petroleum Corp. sells bonus rights for the Mereenie oil and gas field in Australia's Amadeus Basin to Macquarie Bank for $2.5 million.

Oil Search Boost LNG Push In PNG With $2.2B InterOil Bid
Friday, May 20, 2016 Australia's Oil Search agrees a $2.2 billion deal to acquire InterOil in a move that could pave the way for two rival liquefied natural gas projects led by global majors to work together in Papua New Guinea.

APPEA Says Urgency Needed to Address Decline in Queensland's Exploration
Thursday, May 19, 2016 The Australian Petroleum Production and Exploration Association says there is an urgent need to address the severe decline in exploration activity in Queensland, Australia.

MEC Updates on PEP11 Planned Seismic Program in Offshore Sydney Basin
Thursday, May 19, 2016 MEC Resources provides update on planned seismic program within PEP11 in Australia's offshore Sydney Basin.

Australian LNG Exports Face Restrictions In Labor Party Plan
Wednesday, May 18, 2016 New liquefied natural gas projects in Australia, which is forecast to become the world's largest exporter of the fuel, may need to set aside supplies for domestic use under a policy proposed by the opposition Labor Party.

Australia's Gorgon LNG Export Facility Restarting Operations
Wednesday, May 18, 2016 Chevron begins to restart its Gorgon liquefied natural gas export facility in Australia following its unplanned shutdown in April.

Australia's Bounty Raises Oil Stakes in Surat Basin, Exits PL214 JV
Wednesday, May 18, 2016 Bounty Oil & Gas signs deals to increase oil stakes in Australia's Surat Basin, while exiting the PL214 Joint Venture in Queensland.

Katalyst Data Management Opens Perth Office to Tap Asia Pacific Business
Tuesday, May 17, 2016 Katalyst Data Management opens new center in Perth, Australia to support operational and exploration programs in Asia Pacific.

InterOil Asks Shareholders to Reject Founder's Board Nominees
Tuesday, May 17, 2016 InterOil Corp urged shareholders to reject board nominations made by founder and former Chief Executive Phil Mulacek, saying they were "not in the best interests" of investors.

InterOil Board Asks Shareholders To Reject Founder's Nominees
Tuesday, May 17, 2016 Oil and gas producer InterOil Corp's board urges shareholders to reject nominations made by founder and former Chief Executive Phil Mulacek as they are "not in the best interests" of the investors.

MEC Says Seismic Survey Being Planned for PEP11 Offshore Australia
Tuesday, May 17, 2016 MEC Resources reveals that a seismic survey is being planned for permit PEP11 ahead of drilling of the Baleen prospect off Australia.

NOPSEMA Asks BP for New Environmental Plan for Great Australian Bight
Tuesday, May 17, 2016 The National Offshore Petroleum Safety and Environment Management Authority asks BP to modify and resubmit their environmental plan for drilling in the Great Australian Bight off South Australia.

Planned Papua LNG Project May Create 10,000 Construction Jobs in 2018
Monday, May 16, 2016 Total is progressing work on the Papua LNG Project in PRL 15 in Papua New Guinea and construction is expected to commence in 2018, creating up to 10,000 jobs.

Quadrant to Drill Outtrim East-1 Well Off WA with Noble Tom Prosser
Monday, May 16, 2016 Quadrant Energy plans to drill the Outtrim East-1 well in permit WA-155-P(1) offshore Western Australia with jackup Noble Tom Prosser in mid-June.

Source: Australia's Origin Appoints Macquarie For Potential Gas Demerger
Friday, May 13, 2016 Origin Energy has appointed Macquarie Capital to advise on a potential spin-off of Origin's gas production businesses, including its $25 billion liquefied natural gas plant, two sources familiar with the matter say.

Inpex Completes Pre-lay of Ichthys LNG Project's Mooring System Off WA
Thursday, May 12, 2016 Inpex completes pre-lay of the mooring system for the Ichthys liquefied natural gas project in the Browse Basin, offshore Western Australia.

Australia's Matrix Sees a 5% Fall in FY2016 Revenue to $70M
Thursday, May 12, 2016 Australia's Matrix Composites & Engineering sees around a 5 percent fall in revenue to $69.8 million in financial year 2016 as customers delay orders and project delivery dates.

New Report Supports Plan to Drill Baleen Prospect in PEP11 in Sydney Basin
Wednesday, May 11, 2016 MEC Resources says new geochemical report supports drilling of the Baleen prospect in PEP11, offshore Sydney Basin, Australia.

Nation's Financial Health Key in National Oil Company Behavior
Wednesday, May 11, 2016 A country's financial health will be a primary factor in determining how its national oil company behaves, industry insiders say.

Comet Ridge, APA Ink MOU to Pipe Gas from Australia's Galilee Basin Permits
Wednesday, May 11, 2016 Comet Ridge inks a memorandum of understanding with APA Group to transport gas from its Galilee Basin permits to gas markets in Australia's east coast.

Technip Secures Engineering Services Contract with Woodside Petroleum
Wednesday, May 11, 2016 Technip secures an engineering services contract by Woodside Petroleum to support all of the Australian energy firm's operated onshore, offshore and subsea producing assets.

Australia's AWE Rejects Proposed Acquisition by Lone Star Fund
Wednesday, May 11, 2016 AWE rejects Lone Star Fund's proposed acquisition of all shares in the Australian company.

UPS Inks Contract Deal with Origin Energy for APLNG Project in Queensland
Tuesday, May 10, 2016 Upstream Production Solutions inks deal with Origin Energy to provide operations and maintenance work for Australia Pacific LNG development in Queensland, Australia.

Ikon Science's President Asia Pacific David Flett Takes on Additional Role
Tuesday, May 10, 2016 Ikon Science makes senior appointments, including naming President Asia Pacific David Flett to an additional role as president Middle East and Central Asia.

Finder Sells Entire Acreage Holding Off WA to Quadrant Energy Australia
Tuesday, May 03, 2016 Finder Exploration sells its entire acreage holding in the Bedout Sub-basin off Western Australia to Quadrant Oil Australia.

Falcon Outlines Drilling Plans for its Australia's Beetaloo Basin Assets
Friday, April 29, 2016 Falcon Oil & Gas outlines plans for drilling at its Beetaloo Basin assets in Australia's Northern Territory.

Great Australian Bight May Generate $765M in N/T Exploration Spending
Friday, April 29, 2016 Australia's APPEA says the industry may spend more than $765 million on near-term exploration work if current plans to develop the Great Australian Bight resources were approved.

Australia's 3D Oil to Farm Out Stakes in T/49P Permit in the Otway Basin
Thursday, April 28, 2016 Australia's 3D Oil provides a quarterly update on its local upstream activities, including a plan to farm out interest in its T/49P permit in the Otway Basin off Tasmania.

Shareholders Reject Sona Petroleum's Acquisition of WA's Stag Oilfied
Wednesday, April 27, 2016 Sona Petroleum's shareholders vote overwhelmingly against the company's proposed acquisition of Stag Oilfield located off Western Australia for $25 million.

Beach Energy Makes $31M in Annual Savings Through Merger with Drillsearch
Wednesday, April 27, 2016 Australia's Beach Energy reports further annual cost savings of $31 million through its merger with Drillsearch Energy.

Empire Completes Testing Program at RGN-1 Well in WA's Permit EP 389
Tuesday, April 26, 2016 Empire Oil & Gas completes testing program at Red Gully North-1 discovery in permit EP 389 in Western Australia.