A $US30 million ($46 million) funding deal with Alcoa has lifted hopes the privately-owned Equus gas project off WA's north-west coast could finally be developed.
Perth company Western Gas has partnered with leading Australian energy infrastructure business APA Group to begin an assessment of its ambitious transcontinental pipeline plan.
GE subsidiary Baker Hughes and McDermott International have been picked for front end engineering and design work on Western Gas's Equus project, under a contract arrangement whereby they will see the project through to commissioning.
Perth company Western Gas is on the hunt for a partner for its Equus gas field project off the WA coast, and has revealed a new development plan, with first gas expected in 2023.
A newly established company led by a group of Perth oil and gas executives aims to become a major supplier to the domestic gas market after buying the offshore Equus gas fields from US company Hess Corporation.
Mining entrepreneur Andrew Forrest has made a move into onshore oil and gas, with Squadron Resources, a subsidiary of his Minderoo Group, to explore and develop the Canning Basin in an 80:20 venture with privately owned Goshawk Energy.