Loading

Latest News

Santos awards $47m contract to SA crane company

SANTOS has signed a five year extension of its Cooper Basin crane operations contract with South Australian business Max Cranes. Max Cranes is a South Australian owned and managed crane provider, based in Port Augusta. The company employs 123 people in South Australia, with 27 directly supporting the Cooper Basin. This contract is a five year extension of the current agreement, awarded in 2016 following a competitive tender process. Santos [...]

Maersk Supply wins Gorgon Stage 2 support contract

MAERSK Supply Service has been awarded a contract with Chevron which will see two of its newbuild anchor handling tug supply vessels support the Gorgon Stage Two drilling programme in Australia. MSS said on Wednesday that the Maersk Mariner and Maersk Master would provide towing, anchor handling, supply, and WROV services for the program in the Northwest Shelf of Western Australia. According to the vessel owner, the Gorgon Stage Two [...]

Positive local boost as Woodside enters FEED for Pluto 2

WOODSIDE has awarded a contract to Bechtel (Western Australia) Pty Ltd to undertake front-end engineering design (FEED) for its 100% owned Pluto Train 2 Project. The FEED work includes activities required to finalise the costs and technical definition for the proposed second LNG train at the Pluto LNG facility. The awarded contract also includes an option for Woodside to progress to a lump sum engineering, procurement and construction contract for [...]

Woodside to supply Europe with LNG from the US

WOODSIDE Energy Trading Singapore Pte Ltd has signed an agreement with RWE Supply & Trading GmbH for the mid-term supply of LNG commencing in the fourth quarter of 2020 and in effect until December 2022. Woodside EVP Marketing Trading & Shipping’s Reinhardt Matisons said the LNG would be supplied on an FOB basis with the primary source being volumes Woodside has contracted from the Corpus Christi LNG Project in Texas, [...]

A Proud Moment for Jumbo!

To celebrate Jumbo’s 50 Year Anniversary, they take a look back at the story so far. From their beginnings as pioneers swimming against the tide to 50 years later, still a world leader in heavy-lift transport and now a key player in offshore installation contracting, it’s been an extraordinary journey! [...]

Vital link to ease pressure in east coast gas market

A vital link that will bring new gas to Australia’s east coast gas market was completed today and will begin commercial operations in less than a month. APGA Chief Executive Officer Steve Davies said pipeline owner and operator Jemena had provided local businesses with many opportunities during construction of the 622km Northern Gas Pipeline between Mount Isa and Tennant Creek. “Now towns, businesses and resource projects along the pipeline will [...]

APGA says vital link to ease pressure in east coast gas market

A VITAL link that will bring new gas to Australia’s east coast gas market has been completed and will begin commercial operations in less than a month. Australian Pipeline and Gas Association (APGA) CEO Steve Davies said pipeline owner and operator Jemena had provided local businesses with many opportunities during construction of the 622km Northern Gas Pipeline between Mount Isa and Tennant Creek. “Now towns, businesses and resource projects along [...]

Total raises cost overruns issue as it reduces Ichthys LNG stake by 4%

FRNCE’S Total has signed an agreement to divest a 4% interest in the Ichthys LNG project in Australia to operating partner INPEX for an overall consideration of US$1.6 billion. The transaction, which is subject to Australian regulatory approvals, reduces Total’s interest in the asset to 26%. “This transaction is part of our constant portfolio review to optimize our capital allocation,” said Arnaud Breuillac, President, Exploration & Production at Total. “Ichthys [...]

ExxonMobil gives go-ahead for Bass Strait West Barracouta gas project

EXXONMOBIL and BHP have made a positive final investment decision (FID) to develop the West Barracouta gas field in Bass Strait off the coast of Victoria to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin. The company recently completed front-end engineering design work for the project, which is part [...]