Regional News: Austral-Asia
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Energy Demand to Underpin Long Term Growth in Offshore E&P Expenditure
Thursday, December 18, 2014 Higher global energy needs are likely to boost long term growth in expenditure for exploration and production in the offshore oil and gas industry.
Australia's Woodside Postpones Decision On Browse LNG Project
Tuesday, December 16, 2014 Woodside Petroleum says it was postponing an investment decision on whether to proceed with development of the Browse floating LNG project off the coast of Australia due to low oil prices.
Apache To Sell Stakes In 2 LNG Projects To Woodside For $2.75B
Monday, December 15, 2014 Apache says it would sell its stakes in two LNG projects, Wheatstone LNG in Australia and Kitimat LNG in Canada, to Australia's Woodside for $2.75 billion.
Santos Finds Wet Gas at Yarowinnie South-1 Well in PEL 513 in Cooper Basin
Friday, December 12, 2014 Santos makes a wet gas discovery at Yarowinnie South-1 well in PEL 513, Cooper Basin, Australia.
TAG Oil Adds 2 Exploration Permits to its Upstream Assets in New Zealand
Friday, December 12, 2014 TAG Oil adds two new exploration permits to its upstream assets in the onshore Taranaki Basin, New Zealand.
Mosman Oil and Gas Plans to Acquire 100% Interest in MEO Australia
Friday, December 12, 2014 Mosman Oil and Gas plans a takeover bid for 100 percent interest in MEO Australia.
Petronas to Boost Training Enrollment at Instep, Unfazed by Oil Prices
Friday, December 12, 2014 Falling oil prices have no impact on plans by Petronas' Instep training center to increase student in-take.
Beach Energy Reports on Nappamerri Trough Natural Gas Program in Australia
Friday, December 12, 2014 Beach Energy reports on progress at the Nappamerri Trough Natural Gas program in Australia.
Apache Continues Drilling Operations at Commodore 1 Well in EP 390 in WA
Friday, December 12, 2014 Apache continues drilling operations at Commodore 1 well in exploration permit EP 390 in the Canning Basin, Western Australia.
3D Oil Completes 3D Seismic Survey in Permit T/49P in Otway Basin
Friday, December 12, 2014 3D Oil completes 3D seismic survey in permit T/49P in Otway Basin, offshore Australia.
Carnarvon Provides Update on Phoenix South-1 Well in Permit WA-435-P
Thursday, December 11, 2014 Carnarvon provides update on the Phoenix South-1 well in permit WA-435-P offshore Western Australia.
Senex Upbeat on Cooper Basin's Vanessa Gas Field Production Testing Results
Thursday, December 11, 2014 Senex Energy reports strong production testing results at Vanessa gas field in the South Australian Cooper Basin.
Origin, Santos Extend Debt, Slash Costs as Oil Prices Sink
Thursday, December 11, 2014 Origin Energy and Santos take steps to shore themselves up against a 50 percent slide in oil prices as they both race to complete huge gas projects in Australia in 2015.
Oilex Gets State Approval to Convert WA's SPA 17 AO to Exploration Permit
Thursday, December 11, 2014 Oilex's application to convert SPA 17 AO in Western Australia to an exploration permit has been approved by the authorities.
Origin Energy Confirms Gas Discovery at Speculant-1 Well in Otway Basin
Wednesday, December 10, 2014 Origin Energy confirms gas discovery at Speculant-1 exploration well in VIC/L1(v) permit in the Otway Basin, offshore Victoria, Australia.
Senex Updates on Operations in Cooper Basin, Reviews Expenditure
Wednesday, December 10, 2014 Senex Energy provides an operational update on its oil and gas operations in Cooper Basin, Australia and reveals that it is reviewing its expenditure in the lower oil price environment.
BG Group Sells Australian Gas Pipeline For $5 Billion
Wednesday, December 10, 2014 BG Group agrees to sell its wholly owned QCLNG Pipeline subsidiary in Australia to APA Group for $5 billion.
Bengal Energy Finds Gas at Nubba-1 Well in Permit ATP752P in Cooper Basin
Wednesday, December 10, 2014 Bengal Energy finds gas at Nubba-1 well in exploration permit ATP 752P in Wompi sub-block, Cooper Basin, Australia.
Beach to Commence Gas Sales to Origin from SACB, SWQ JVs in Australia
Wednesday, December 10, 2014 Beach Energy to commence gas sales to Origin Energy from its South Australian Cooper Basin and South West Queensland joint ventures in Australia.
Comet Ridges Updates on Mahalo 7 Drilling at ATP 377P in Queensland
Wednesday, December 10, 2014 Comet Ridge provides update on the Mahalo 7 horizontal surface to in-seam well project in permit ATP 337P in Bowen Basin, Queensland, Australia.
Jumbo to Install Subsea Structures for Chevron's Wheatstone Project off WA
Wednesday, December 10, 2014 Jumbo bags contract from Technip install subsea structures for Chevron's Wheatstone project offshore Western Australia.
Mosman Wins Three NZ Exploration Permits
Tuesday, December 09, 2014 Mosman Oil & Gas is awarded three additional permits in New Zealand's latest Block Offer.
Chevron, Statoil, ONGC Secure Exploration Permits in NZ's Block Offer 2014
Tuesday, December 09, 2014 New Zealand awards 15 exploration permits as part of Block Offer 2014 to nine companies, including Chevron, Statoil and ONGC Videsh.
Empire Inks LOI with Enerdrill to Prepare for 2015 Drilling Program in WA
Tuesday, December 09, 2014 Empire Oil & Gas inks letter of intent with drilling contractor Enerdrill as it prepares for the 2015 exploration program in Western Australia.
Thailand's Mermaid Maritime Raising $500M for Offshore Marine M&A
Tuesday, December 09, 2014 Thai company Mermaid Maritime is building up its cash holdings ahead of moves for merger and acquisition in the offshore marine sector.
Tempo Australia Lands Trade Labor Resources Deal with Santos
Monday, December 08, 2014 Tempo Australia lands a three-year deal with Santos for trade labor resources, with focus on the Cooper Basin in Queensland, Australia.
Bhandut JV to Set Up Production Facilities at India's Bhandut Gas Field
Monday, December 08, 2014 The Bhandut joint venture intends to set up production facilities at Bhandut field in Indiaís Cambay Basin after receiving the governmentís endorsement of its gas sale plan.
Apache Fails to Find Hydrocarbon at Commodore 1 well in Permit EP 390 in WA
Friday, December 05, 2014 Apache Corp. finds no hydrocarbon at Commodore 1 well in exploration permit 390 in Western Australiaís Canning Basin.
Horizon Oil Spuds Nama-1 Exploration Well in PPL 259 in Papua New Guinea
Friday, December 05, 2014 Horizon Oil spuds the Nama-1 exploration well in PPL 259 in Western Province of Papua New Guinea.
Singapore's NUS to Launch Petroleum Engineering Program
Friday, December 05, 2014 The National University of Singapore plans to launch a petroleum engineering program later next year to meet the manpower needs of oilfield services companies operating in Singapore.
Transfield Inks Deal with Wooside for Australia's NWS Offshore Facilities
Friday, December 05, 2014 Transfield signs services agreement with Woodside for Australia's North West Shelf project offshore facilities.
Santos Shelves Plan for Fund Raising
Thursday, December 04, 2014 Santos suspends plan for a potential European hybrid issue following OPECís announcement to maintain existing production levels.
Oil Basins to Get 2% Royalty for Hydrocarbons Produced in Permit Vic/P47
Wednesday, December 03, 2014 Oil Basins receives government approval to attain 2 percent royalty on hydrocarbons produced in offshore permit Vic/P47 in the Gippsland Basin, Australia.
PGS Commences 3D Seismic Program in South Australia's Ceduna Sub-Basin
Tuesday, December 02, 2014 PGS commences a Springboard MC3D seismic program in the Ceduna sub-basin offshore South Australia.
Senex Commences Gas Production at Hornet Field in SA's Cooper Basin
Tuesday, December 02, 2014 Senex commences gas production from the Hornet field in South Australia's Cooper Basin.
Fircroft Names Michaella Rogers as Country Director for Australia
Tuesday, December 02, 2014 Fircroft appoints Michaella Rogers as Country Director for Australia as the firm grows its presence in Australia's oil and gas industries.
Buru Energy Finishes Jackaroo 3D Seismic Survey in WA
Tuesday, December 02, 2014 Buru Energy completes acquisition of the Jackaroo 3D seismic survey in Western Australia.
OMV Gets First Oil from Maari Growth Project
Monday, December 01, 2014 Austrian energy group OMV draws first oil from the Maari redevelopment drilling campaign in New Zealand, a project that aims to increase reserves, production and recovery from a producing offshore field.
Oil Basins Comments on Rey's Acquisition of 50% Stake in WA's Derby Block
Monday, December 01, 2014 Oil Basins comments on Rey Resources' recent acquisition of a 50 percent interest in Derby Block in Western Australia.
Searcher Seismic, BGP to Carry Out Seismic Survey in Offshore Canning Basin
Friday, November 28, 2014 Searcher Seismic and BGP will undertake a seismic campaign in the offshore Canning Basin, Australia early next year.
Rey Resources to Acquire Backreef's 50% Interest in WA's Derby Block
Friday, November 28, 2014 Rey Resources to acquire Backreef Oil's 50 percent interest in the Derby Block in the Canning Basin of Western Australia.
Oil Basins Completes Acquisition of Permit Vic/P47 in Gippsland Basin
Friday, November 28, 2014 Oil Basins completes full acquisition of petroleum exploration permit Vic/P47 in the Gippsland Basin, offshore Australia.
Magnus Energy to Participate in PEL 101 Drilling Program in South Australia
Friday, November 28, 2014 Magnus Energy to participate in Drillsearch's drilling program for petroleum exploration license 101 in South Australia.
Beach Energy Appoints Former Woodside EVP Robert Cole as MD
Thursday, November 27, 2014 Beach Energy appoints former Woodside executive vice president, Corporate and Commercial Robert Cole as its new managing director.
Buru Suspends Ungani North 1 Well in WA's Canning Basin
Thursday, November 27, 2014 Buru Energy suspends Ungani North 1 well in Canning Basin, Western Australia to evaluate results of well test.
Linc Energy Finds Oil Shows at Pata-1 Exploration Well in Arckaringa Basin
Thursday, November 27, 2014 Linc Energy finds oil shows at Pata 1 exploration well in the Arckaringa Basin in South Australia.
Santos Finds Gas at Varanus South-1 Well in PEL 513 in Cooper Basin
Thursday, November 27, 2014 Santos makes a new wet gas discovery at Varanus South-1 well in PEL 513 in South Australia's Cooper Basin.
NWS JV to Develop $1B Persephone Project Off Northwest Australia
Thursday, November 27, 2014 The North West Shelf joint venture approves development of the $1.02 billion Persephone project offshore northwest Australia.
Santos Reassures on Costs at $18.5B Gladstone LNG Project
Wednesday, November 26, 2014 Santos is on track to produce first liquefied natural gas from its $18.5 billion Gladstone LNG project in the second half of 2015, reassuring doubters who fear it may face cost overruns.
Australian Market Ripe for Consolidation
Wednesday, November 26, 2014 Merger and acquisition activity on the Australia market has lifted expectations of further consolidation from around the industry.
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