Regional News: Austral-Asia

 
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WGK Bags FEED Contract for Woodside-Operated Browse FLNG Project Off WA
Friday, July 31, 2015 Wood Group Kenny bags a $6 million front-end engineering and design contract from Woodside for the Browse floating liquefied natural gas development offshore Western Australia.

MEO Appoints Andrew Purcell, Michael Sandy as Company Directors
Friday, July 31, 2015 MEO Australia appoints Andrew Purcell and Michael Sandy as non-executive directors of the company.

Western Australia's Ungani Oil Field Officially Commences Production
Thursday, July 30, 2015 Buru Energy reports that the Ungani oil field in Western Australia's Kimberly region has officially opened for production.

Production Commences at Yolla-6 Well in Australia's BassGas Project
Thursday, July 30, 2015 AWE says Yolla-6 development well in the BassGas project in Permit T/L1 in Bass Strait, offshore Australia has commenced production.

Australia's Peak Well Systems Launches FlexiDrift
Thursday, July 30, 2015 Australia's Peak Well Systems launches FlexiDrift for accurate adjustable drift runs in a single tool.

  


Russell: Asia LNG Output Vs Regas Capacity Mismatch Looming
Thursday, July 30, 2015 What could go wrong for liquefied natural gas in Asia to derail the current consensus of strongly rising demand being met by supply that is increasing even faster?

Senex Energy Appoints New Chief Financial Officer
Wednesday, July 29, 2015 Senex Energy Limited will appoint Graham Yerbury as its chief financial officer, effective October 2015.

NOPTA Grants OBL 2 Year Extension for Permit Vic/P47 in Gippsland Basin
Wednesday, July 29, 2015 Oil Basins Limited gets a two year extension from the National Offshore Petroleum Titles Administrator for Permit Vic/P47 in the Gippsland Basin, offshore Australia.

Australia's Beach Energy Reduces Production Volume, Capex for FY16
Wednesday, July 29, 2015 Australia's Beach Energy reduces production volumes and capital expenditure in its latest guidance for financial year 2016.

BHP Plans To Shed Around 100 HQ Jobs As Commodities Tumble
Tuesday, July 28, 2015 BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices.

APLNG Moves Closer to Commencing Ops at First LNG Train in Curtis Island
Tuesday, July 28, 2015 Australia Pacific LNG moves closer to commencing operations of the first liquefied natural gas train in Curtis Island, Australia.

Waitsia-2 Appraisal Well Onshore Australia Hits TD
Monday, July 27, 2015 The Waitsia-2 appraisal well, operated by AWE Limited, reaches a total depth of 11,581 feet.

AWE Drops Plans to Proceed with WA's Drover-1 Phase 2 Exploration Program
Friday, July 24, 2015 AWE drops plans to proceed with Phase 2 of the Drover-1 exploration program in permit EP455 the Perth Basin, Western Australia.

Buru Energy Provides Drilling Update on Praslin 1 Well in WA's Permit EP391
Thursday, July 23, 2015 Buru Energy provides a drilling update of the Praslin 1 exploration well in Permit EP391 in Western Australia.

WA's DMP Says Browse FLNG Project Takes Another Step Closer to Development
Thursday, July 23, 2015 Western Australian's Department of Mines and Petroleum reports that the Browse floating natural gas project in the Browse Basin has taken another step forward towards development.

Santos to Commence Workover at Mahalo 7 Well in Australia's Bowen Basin
Thursday, July 23, 2015 Santos will commence workover of the Mahalo 7 well in Queensland's Bowen Basin, Australia next week to replace a downhole pump and return the well to production.

Real Energy Upgrades Gas Resource in Cooper Basin Permit to 13.76 Tcf
Wednesday, July 22, 2015 Real Energy raises gas resources in its Cooper Basin Permit ATP927P in Queensland, Australia by 141 percent to 13.76 trillion cubic feet.

Strike Energy to Conduct Flow Testing at SCB Gas Project in South Australia
Wednesday, July 22, 2015 Strike Energy plans to conduct flow testing of three Klebb wells in the Southern Cooper Basin Gas Project in PEL 96 in South Australia.

Ocean America Continues Drilling at Levitt-1 Well in Carnarvon Basin
Tuesday, July 21, 2015 Ocean America semisub continues drilling at the Levitt-1 exploration well in Permit WA-482-P in Carnarvon Basin, off Western Australia.

Central Reveals Petroleum Reserves Estimates for Palm Valley, Dingo Fields
Tuesday, July 21, 2015 Central Petroleum reveals latest petroleum reserves estimates for the Palm Valley and Dingo Fields in Australia's Northern Territory.

Transerv Gets Ready to Drill 2 Appraisal Wells at Warro Gas Field in WA
Monday, July 20, 2015 Transerv prepares to drill two appraisal wells at Warro gas field in Western Australia.

Santos' Sales Revenue Falls to $578.5M in 2Q 2015, Down 19% YOY
Monday, July 20, 2015 Australia's Santos posts a 19% fall in sales revenue in the second quarter of 2015 to $578.5 million, hurt by lower oil prices.

AWE Trims Yolla Field Reserves in Australia's Bass Strait
Monday, July 20, 2015 AWE reduces reserves at Yolla field in the Bass Strait, offshore Australia and updates on drilling at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Origin Energy Appoints New Director
Monday, July 20, 2015 Origin Energy Limited appoints Scott Perkins as an independent non-executive director, effective September 1, 2015.

Ungani Oilfield Begins Commercial Production, Cash Flow
Friday, July 17, 2015 Commercial oil production and cash flow generation has commenced at Western Australia's Ungani oilfield, which is a Buru Energy and Mitsubishi joint venture.

Woodside's 2Q 2015 Sales Revenue Slips 46.5% to $898M on Low Oil Prices
Thursday, July 16, 2015 Woodside posts sales revenue of $898 million in the second quarter of 2015, down 46.5 percent from a year ago, with the decline due largely to lower oil prices and lower sales.

Timor-Leste Issues Termination Notice for PSC JPDA 06-103
Thursday, July 16, 2015 Timor-Leste's Autoridade Nacional do Petroleo issues a notice of termination to Oilex for PSC JPDA 06-103, located in the Timor Sea, which is effective immediately.

BHP Shale Writedown Has Some Banks Asking: Where's the Rest?
Thursday, July 16, 2015 The size of BHP's $2.8 billion writedown for its US shale assets took some banks by surprise: at least two thought it was too small.

Katalyst Acquires Australia's SpectrumData as it Expands Globally
Thursday, July 16, 2015 Katalyst Data Management acquires Australia's oil and gas data management division of SpectrumData as part of its worldwide expansion.

Cooper Energy Says Subsea Gas Development Suited for Victoria's Manta Field
Thursday, July 16, 2015 Cooper Energy says the Basker Manta Gummy joint venture believes that a subsea gas development is the preferred option to develop the Manta gas resource offshore Victoria, Australia.

Caliera Awaits Approval of its Acquisition of 70% Stake in PEP 51153 in NZ
Wednesday, July 15, 2015 MEO Australia says Kea Petroleum's shareholders have approved the sale of a 70-percent stake in PEP 51153 in New Zealand's onshore Taranaki Basin to Caliera.

Falcon Oil & Gas Spuds Kalala S-1 Well in Australia
Wednesday, July 15, 2015 Falcon Oil & Gas spuds the Kalala S-1 well, located within exploration permit 98 in Australia's Beetaloo Basin.

BHP Says Will Take $2B Charge On US Onshore Energy Business
Wednesday, July 15, 2015 BHP Billiton says it will take a $2 billion impairment on its US shale operations - the third writedown in three years.

NOPTA Approves MEO's Request to Vary AC/P53 Work Program in Timor Sea
Tuesday, July 14, 2015 The National Offshore Petroleum Titles Administrator approves MEO Australia's application to vary the work program for permit AC/P53 in the Timor Sea offshore Australia.

Mosman Oil and Gas Updates on New Zealand, Australian Operations
Tuesday, July 14, 2015 Mosman Oil & Gas updates on its New Zealand and Australian operations.

Survey: Hiring Increases Not Expected for Australia Oil, Gas Companies
Monday, July 13, 2015 A survey of oil and gas companies in Australia reveals hiring is not expected to increase in the next 12 months.

BG Commences Operations at QCLNG Train 2 in Australia
Monday, July 13, 2015 BG starts up liquefied natural gas operations at Queensland Curtis LNG Train 2 in Australia.

AWE Updates on Drilling at Waitsia-2 Appraisal Well in WA's Perth Basin
Monday, July 13, 2015 AWE updates on drilling operations at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

EnerMech Appoints Niall Conlon as Director of its Australian Operations
Friday, July 10, 2015 EnerMech appoints Niall Conlon as director of its Australian operations, with the firm planning to hire more staff to meet business growth.

Heritage Oil Fails to Find Gas at Kwila-1 Prospect in Papua New Guinea
Thursday, July 09, 2015 Heritage Oil fails to find gas at the Kwila-1 exploration well in PPL 337 in Papua New Guinea.

Global Maritime DSM Clinches Deal with Woodside for Work at Julimar Field
Wednesday, July 08, 2015 Global Maritime Deep Sea Mooring clinches a mooring and rig positioning contract with Woodside for work at the Julimar field offshore Australia.

Kina Petroleum Updates on Kwila-1 Exploration Drilling in PPL 337 in PNG
Wednesday, July 08, 2015 Kina Petroleum updates on drilling at the Kwila-1 exploration well in PPL 337 in Papua New Guinea.

Quadrant Energy Spuds Levitt-1 Prospect in WA's Carnarvon Basin
Tuesday, July 07, 2015 Quadrant Energy spuds Levitt-1 exploration well in permit WA-482-P in the Carnarvon Basin, offshore Western Australia.

OneSubsea Clinches FEED Contract for Woodside's Browse FLNG Project
Tuesday, July 07, 2015 OneSubsea, a Cameron and Schlumberger company, clinches a front-end engineering and design contract for the Browse FLNG project offshore Western Australia.

New Zealand Energy Corp. Names Mike Adams as CEO, Replaces David Robinson
Tuesday, July 07, 2015 New Zealand Energy Corp. names Mike Adams as CEO to replace David Robinson.

Ensco 107 Prepares to Demobilize from Maari Field Offshore New Zealand
Tuesday, July 07, 2015 Horizon Oil says the Ensco 107 jackup will demobilize from the Maari field offshore New Zealand after successfully drilling and completing the MR10 production well.

In New Blow, Chevron's Gorgon Faces Struggle To Offload Test LNG
Tuesday, July 07, 2015 Chevron's $54B Gorgon LNG project may be forced to dump chunks of its early production onto an already saturated global spot market.

WA's Ungani Oil Field on Track for Production Startup in Mid-July
Monday, July 06, 2015 Buru Energy says the Ungani oil field in Western Australia's Kimberly region is on track to commence production in mid-July.

AWE Continues Drilling at Waitsia-2 Appraisal Well in WA's Perth Basin
Monday, July 06, 2015 AWE continues to drill the Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Australian Energy Retailer AGL Writes Down Coal-Seam Gas Assets
Monday, July 06, 2015 AGL Energy, Australia's No. 2 energy retailer, says it will sell three coal-seam gas licences back to the government and write down the value of several more underperforming projects, cutting its net profit by $443 million.

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