Santos has already offloaded a portion of the Darwin LNG operation for $US390 million ($620 million) to South Korean SK E&S, in line with plans flagged during an acquisition of ConocoPhillips’ northern Australian assets in October.
The federal government today announced significant investments in the energy sector, with the awarding of $69.5 million to two new cooperative research centres, and the launch of the Future Battery Industries Cooperative Research Centre.
Premier Mark McGowan has called for federal support to get a new research centre for hydrogen and LNG exports off the ground, while there’s work under way to attract investment in new industries using domestic gas.
In celebration of International Women’s Day, inductees of the WA Women’s Hall of Fame and the winners of the Chamber of Minerals and Energy of WA Women in Resources Awards were announced over the weekend.
Western Australia's liquefied natural gas sector has been largely unaffected to date by the COVID-19 crisis, but a new report shows travel restrictions and declining oil prices could slow development of major projects, including Woodside Petroleum and BHP's $16 billion Scarborough joint venture.
The amount of money raised by ASX-listed explorers increased by 19 per cent to $1.61 billion in the December quarter, primarily for larger companies with lower-risk projects, according to a new report from accounting firm BDO.
A local access management firm has entered a partnership with Swedish scaffolding manufacturer HAKI to provide a platform for expansion into the oil and gas industry.
Fortescue Metals Group chair Andrew Forrest has purchased an additional $242 million worth of shares in the company, shortly after Perth-based executives of other leading companies, including Peter Coleman, Ian Testrow and Bill Beament, also made big trades.
Woodside Petroleum and BHP have reshuffled their interests in two petroleum titles key to the Scarborough LNG project, as the companies prepare for a final investment decision this year.
A move by Norwegian government-backed Equinor to withdraw from oil and gas exploration in the Great Australian Bight has been labelled disappointing by industry groups, and welcomed by environmentalists.
A 34 per cent lift in first-half profit at MMA Offshore shows an improving environment for offshore service providers, with the company having won work with Woodside and Esso.
Woodside Petroleum has won a long-running contractual dispute with Melbourne-based explorer FAR over its purchase of a stake in the Sangomar oil project, off the coast of Senegal.
CIMIC Group’s specialist business UGL has secured $450 million in oil and gas contracts, including with Chevron for work at its Gorgon and Wheatstone LNG facilities in Western Australia.
88 Energy has received commitments to raise $5 million through a share placement to fund the evaluation of the company’s assets in Alaska, including the Charlie-1 appraisal well.
The official launch of Fringe World Festival on Thursday night was interrupted by local artists protesting the festival’s partnership with Woodside Petroleum.
Drilling on phase two of the Julimar-Brunello gas development will begin this quarter as part of a US$4 billion ($5.8 billion) capital expenditure drive by Woodside Petroleum in 2020.
Businesses are facing a challenge locking in gas contracts for major projects in Western Australia, including Coogee's planned $1 billion Burrup Peninsula methanol plant, which the company is now pursuing without partner Wesfarmers.
