WOODSIDE Energy Ltd has entered into a long-term gas sale and purchase agreement (GSPA) with Perdaman Chemicals and Fertilisers Pty Ltd for the supply of pipeline gas for a term of 20 years. The GSPA is for a quantity of
LEADING global ratings group S&P says its outlook for the oil and gas sector is broadly stable with a somewhat negative slant for the oilfield services (OFS) and contract drilling segments. The firm said its ratings outlook largely reflects its
The Northern Territory’s oil and gas industry has welcomed the recent announcement of the Territory Government’s Gas Strategy. Released at the South East Asia Australia Offshore and Onshore Gas (SEAAOC) conference in Darwin, the Gas Strategy outlines a five-point plan
THE Australian Petroleum Production & Exploration Association (APPEA) has welcomed the release of the Northern Territory Government’s plan to implement the recommendations of the independent scientific inquiry into unconventional hydraulic fracturing. The framework outlines the need for collaboration and transparency
AUSTRALIA’S resource and energy export figures are on track to set a new record of $226 billion in 2017–18 – and go even higher this year – according to an in-depth Government report released. Minister for Resources and Northern Australia
A NEW, Australian-led international consortium, Australian Industrial Energy (AIE), announces today that it has selected Port Kembla as the site for NSW’s first Liquefied Natural Gas (LNG) Import Terminal. The terminal would have the ability to supply in excess of
Wood has announced the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use offshore Australia. The company is leading the Subsea Equipment Australian Reliability Joint Industry Project (SEAR JIP);
The drive towards a low-carbon future – catalysed by the Paris Agreement, and coupled with a series of socio-economic and technological trends – is leading many in the oil and gas industry to fundamentally reimagine what the energy company of
Westwood Energy has released its 2018 State of Exploration Report, the ninth edition of the definitive report covering global conventional oil and gas exploration. Key conclusions from the report are: • Exploration drilling activity in 2017 was little changed compared
A report into UK oil and gas workforce dynamics launched today indicates that more than 40,000 new people will need to be recruited into the industry over the next 20 years, including 10,000 in posts that don’t exist today. The