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Ship launches LNG as a Pilbara logistics option

Woodside Petroleum has officially launched its latest marine craft, taking the opportunity to showcase the newly built platform supply vessel Siem Thiima in Fremantle due to its capacity to use LNG as a fuel.

Beach swings to profit after record sales

Beach Energy has swung to a first-half net profit on the back of record sales volumes and higher oil prices.

WorleyParsons shares plunge on loss

Engineering and project management firm WorleyParsons says the slump in activity among its customers, which caused revenue to plunge by 35 per cent and pushed the company to a first-half loss, may have bottomed out.

Monadelphous JV lined up for $US250m contract

A joint venture between Monadelphous Group and Jacobs Engineering has struck an agreement to provide services to Oil Search's operations in Papua New Guinea, in a deal worth up to $US250 million.

Santos halves loss, cuts debt

Oil and gas producer Santos has halved its full-year loss and cut net debt as it continues to restructure and cut costs.

Origin flags $1.9bn impairment

Origin Energy has flagged a hit to profitability a day ahead of its half-year earnings, announcing it will take a $1.9 billion impairment charge against the value of some of its major assets, including the Australia Pacific LNG project and its Browse Basin gas fields.

Woodside VP becomes new Origin CFO

Woodside Petroleum executive vice-president Lawrie Tremaine is jumping ship to become Origin Energy's new chief financial officer.

Civmec weathering tough market

A currency depreciation and weak market conditions for resources companies have driven net profit after tax down by 42.9 per cent at Henderson-based contractor Civmec.

Miro to close

Specialist oil and gas advisory firm Miro Advisors is planning to wind down its operations, a little more than six years after managing director Tim Woodall opened the business.

AGL takes next step in domgas market entry

Sydney-based AGL Energy has said it would lose around $15 million in a bid to enter the Western Australian domestic gas market in the 2018 financial year, after it lodged a retailing application with the state's Economic Regulatory Authority. 

Valmec to work on DBP gas storage facility

Local engineering and construction group Valmec has won a $5.4 million contract for work on DBP Development Group's Tubridgi gas storage facility near Onslow, which will be the largest in Western Australia when completed.

Coming off second best when national costs are ‘shared’

Rising gas prices on the east coast have highlighted yet another anomaly in the GST structure that costs WA.

Pacific wins power station contract with Westgold

Perth-based Pacific Energy has won a contract to build and operate a five-megawatt power station at a gold mine near Meekatharra for an undisclosed sum.

Oil Search forecasts steady output

A strong fourth-quarter performance has helped Oil Search narrowly beat its full-year production guidance, and the company forecasts steady output for 2017.

Sims hits back on union Western Power campaign

Australian Competition and Consumer Commission chairman Rod Sims has written to the local branches of two trade unions, saying they misrepresented his views on the float of Western Power in a recent advertisement campaign.

Higher production at Woodside

Oil and gas producer Woodside Petroleum achieved a 3 per cent lift in production in calendar 2016, although the company expects output to fall by up to 12 per cent in the year ahead.

Whittens wins work on NSW wind farm

Local concrete construction business Whittens has won a $15 million contract with a joint venture comprising Monadelphous Group and ZEM Energy for work at the Sapphire wind farm in New South Wales.

WA LNG steady while national exports grow

National LNG exports were up 38 per cent in 2016, but Western Australian facilities did not contribute to the increase despite first gas being produced at Chevron's Gorgon project, according to the latest research from EnergyQuest.

Carnegie taps market for $5m

Recently renamed Carnegie Clean Energy has launched a $5 million capital raising to prepare itself for opportunities that may come up through its joint venture with developer Lendlease.

London calling for Po Valley

Perth oil and gas hopeful Po Valley Energy is heading to London, with the company planning to list its Sillaro gas asset in northern Italy on the London Stock Exchange's Alternative Investment Market in a bid to raise up to $3.7 million.

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