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Oil & Gas

Cushman & Wakefield to manage Woodside HQ

International real estate services company Cushman & Wakefield has been appointed as facility manager of the new Woodside headquarters in Perth, with former Knight Frank director Bret Madden brought on to lead the on-site team.

Monadelphous lifts profit to $72m

The market has welcomed a strong annual profit report and positive outlook for Monadelphous, even though the engineering contractor has warned its construction revenue will fall after a big surge in work on the Ichthys LNG project in Darwin last financial year.

GEV to pursue stranded Malaysian gas

Global Energy Ventures is developing a plan to develop stranded gas fields in Malaysia using its floating compressed natural gas technology, after signing a letter of intent with Kuala Lumpur-based Tamarind Resources.

Squadron JV lifts Canning Basin stake

A joint venture between Minderoo Group-owned Squadron Energy and Goshawk Energy has been awarded a series of petroleum tenements in the Canning Basin.

Carnarvon reveals Buffalo potential

Shares in Carnarvon Petroleum have regained some of yesterday’s losses, after the oil and gas explorer revealed plans for its lesser known Buffalo project in the Timor Sea.

Doris engineering Perth opportunities

Paris-based upstream oil and gas engineering business Doris Engineering has set up shop in Perth as it prepares for the next wave of local major projects to get under way.

$130bn of major projects in WA

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

Wood gets Scarborough contract

Woodside Petroleum has signed up engineering company Wood to prepare development plans for the Scarborough gas field, with the work to be split between offices in Houston and Perth.

Risco ups Tap offer to $39m

Tap Oil major shareholder Risco Energy Investments has increased its takeover offer for the oil and gas company to $38.7 million on the back of BDO’s independent expert valuation.

Carnarvon shares soar again

Carnarvon Petroleum has announced another oil discovery at its Dorado-1 well in the Carnarvon Basin, with the company’s share price having more than quadrupled in the past month.

Otto raises $20m

Otto Energy has tapped investors for $20 million, with the proceeds set to be spent on drilling programs across the company’s projects.

Bhagwan expands fleet

Marine services company Bhagwan Marine has expanded its fleet with the purchase of two specialist vessels that are larger than others in its current fleet.

Three junior explorers raise $12.3m

Junior explorers Magnetic Resources, Golden Rim Resources and Real Energy will tap investors in separate capital raisings worth a combined $12.3 million.

Staff cuts add to red tape concerns

SPECIAL REPORT: Despite a host of deals in the Perth Basin during the past year, proponents are battling issues with red tape.

Expansion plans get energy sector pumping

SPECIAL REPORT: Chevron’s $5 billion Gorgon phase two project announced in April might be the first in a wave of new oil and gas investments.

Cha play buoyant FLNG role

SPECIAL REPORT: With shipments at Shell’s Prelude FLNG facility still to get under way, one Perth businessman is hoping to reignite use of the technology for stranded gas fields.

Karratha gets a $25m mercury waste plant

A new mercury waste treatment plant in the state’s north-west is aiming to process a large share of the local oil and gas industry’s waste.

Oil spill at Cliff Head

West Perth-based oil junior Triangle Energy has revealed a leak at its Cliff Head oil platform, about 300 kilometres north of Perth, although the company said the spill was substantially less than 10,000 litres.

Carnarvon finds more oil and gas

Shares in Carnarvon Petroleum have received another boost today after the company said it had discovered more oil and gas at Dorado-1 in the Carnarvon Basin.

SCEE wins $50m in contracts

Perth-based Southern Cross Electrical Engineering has secured a number of new contracts across the country in the commercial, resources and telecommunication sectors.

Tap rejects $30m Risco bid

Tap Oil has urged shareholders to reject a $29.8 million takeover bid from major shareholder Risco Energy Investments, after independent expert BDO valued the company well above the offer price.

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