krogragg

Category: Australia

  • ‘Disappointing’ well results not halting gas search offshore Australia

    ‘Disappointing’ well results not halting gas search offshore Australia Amplitude Energy, an Australian gas production company focused on supplying the Southeast domestic gas market, has shed light on the results of drilling operations at an exploration well in the Otway Basin offshore Victoria, Australia. The post ‘Disappointing’ well results not halting gas search offshore Australia…

  • Chevron marks 2,000th LNG cargo from Australian gas project

    Chevron marks 2,000th LNG cargo from Australian gas project Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has celebrated a new achievement at its giant gas project off the northwest coast of Western Australia (WA), with another liquefied natural gas (LNG) cargo. The post Chevron marks 2,000th LNG cargo from Australian…

  • Chevron marks 2,000th LNG cargo from Australian gas project

    Chevron marks 2,000th LNG cargo from Australian gas project Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has celebrated a new achievement at its giant gas project off the northwest coast of Western Australia (WA), with another liquefied natural gas (LNG) cargo. The post Chevron marks 2,000th LNG cargo from Australian…

  • First LNG cargo from giant Australian gas project getting ready for trip to Japan

    First LNG cargo from giant Australian gas project getting ready for trip to Japan Santos has confirmed the ongoing loading of the first liquefied natural gas (LNG) cargo from its gas project off the coast of Australia’s Northern Territory. This LNG cargo is destined for Japan. The post First LNG cargo from giant Australian gas…

  • Evaluation coming up next to shed light on early indications of gas presence offshore Australia

    Evaluation coming up next to shed light on early indications of gas presence offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has intersected gas in Waarre reservoirs during drilling activities at a well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore…

  • New gas supply key to staving off shortfalls looming on Australia’s energy horizon

    New gas supply key to staving off shortfalls looming on Australia’s energy horizon As Australia takes steps to up its natural gas ante, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has emphasized the importance of further exploration and production endeavors to avert potential gaps in gas supply from…

  • Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia

    Transocean rig encounters gas as it spuds next well in drilling campaign offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has kicked off drilling activities at another well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. The post Transocean…

  • Woodside cleared for plug and abandonment off Australia’s northwest coast

    Woodside cleared for plug and abandonment off Australia’s northwest coast Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has given its green […] The post Woodside cleared for plug and abandonment off Australia’s northwest coast appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Reach Subsea cleared to operate in Australian waters

    Reach Subsea cleared to operate in Australian waters Norway’s Reach Subsea has received all necessary regulatory and classification certifications in Australia for […] The post Reach Subsea cleared to operate in Australian waters appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Major works contract marks final step for construction start at Australian interconnector

    Major works contract marks final step for construction start at Australian interconnector Marinus Link Pty Ltd (MLPL) has executed its major works contract with a joint […] The post Major works contract marks final step for construction start at Australian interconnector appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • $1.98 billion chapter to ‘world-class’ gas story coming up next off Australia

    $1.98 billion chapter to ‘world-class’ gas story coming up next off Australia Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy…

  • Macquarie tables $7.5bn bid for logistics giant Qube

    Macquarie tables $7.5bn bid for logistics giant Qube Australia’s Macquarie Asset Management has submitted a non-binding proposal to acquire compatriot logistics major Qube at an enterprise value of AUD11.6bn ($7.5bn). Qube and Macquarie entered into a process and exclusivity deed in relation to the proposed acquisition. The price of AUD5.20 ($3.36) in cash per share…

  • DeepOcean wins Western Australia decommissioning job

    DeepOcean wins Western Australia decommissioning job Offshore services provider DeepOcean has secured a contract to support the decommissioning of subsea infrastructure at oil and gas fields off Western Australia, marking another key project for the company in the region. The scope includes the suspension of subsea trees, removal of flowlines, risers, and dynamic umbilicals, and…

  • Boluda buys Boskalis towage arm in Australia and Papua New Guinea for $640m

    Boluda buys Boskalis towage arm in Australia and Papua New Guinea for $640m Spanish towage giant Boluda has struck a $640m deal to acquire Royal Boskalis’ harbour towage and salvage business in Australia and Papua New Guinea, cementing its position as the world’s largest operator in the sector. The takeover hands Boluda operations at key…

  • Subsea pre-commissioning contract in Australia comes along to EnerMech

    Subsea pre-commissioning contract in Australia comes along to EnerMech Aberdeen-headquartered integrated solutions specialist EnerMech has secured a contract it describes as major for […] The post Subsea pre-commissioning contract in Australia comes along to EnerMech appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Transocean rig two weeks away from drilling ops offshore Australia

    Transocean rig two weeks away from drilling ops offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has embarked on pre-lay operations before it begins its natural gas exploration activities in the Otway Basin off the coast of Australia, with a rig owned by Transocean, an offshore drilling giant. The post Transocean…

  • Coal trade faces rare back-to-back decline

    Coal trade faces rare back-to-back decline Global coal trade is forecast to shrink in 2025, the first drop since the covid-19 shock of 2020, with another fall expected in 2026. If confirmed, this would be the first consecutive two-year decline in seaborne coal trade in the 21st century, according to analysis by The Signal Group…

  • Wallenius Wilhelmsen wins $100m deal in Australia

    Wallenius Wilhelmsen wins $100m deal in Australia Wallenius Wilhelmsen has clinched a major logistics contract in Australia with a leading automotive manufacturer, expected to bring in revenues of more than $100m. The Oslo-listed roro and logistics group will provide vehicle processing services across Melbourne, Brisbane and Perth under a three-plus-one-year deal. Pia Synnerman, chief commercial…

  • Transocean rig set to kick off gas drilling ops mid-October offshore Australia

    Transocean rig set to kick off gas drilling ops mid-October offshore Australia ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia. The post…

  • $12.5 billion gas project out of legal woods as court ruling ends up in Woodside’s favor

    $12.5 billion gas project out of legal woods as court ruling ends up in Woodside’s favor Australia’s energy giant Woodside has welcomed the Federal Court’s decision to validate the go-ahead for an environmental plan related to its giant gas project off the coast of Western Australia. The post $12.5 billion gas project out of legal woods…

  • Australia’s upstream industry stepping up gas game with reform proposals

    Australia’s upstream industry stepping up gas game with reform proposals Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has come up with a set of proposals aimed at boosting Australia’s natural gas arsenal. The post Australia’s upstream industry stepping up gas game with reform proposals appeared first on Offshore…

  • Venice Energy sells Australian LNG terminal to AG&P LNG

    Venice Energy sells Australian LNG terminal to AG&P LNG Australian energy infrastructure developer Venice Energy has agreed to sell its project to LNG terminals and downstream infrastructure firm AG&P LNG, a subsidiary of US-owned Nebula Energy. This follows an eight-month negotiation process after signing a binding term sheet between the two companies in October 2024…

  • Kent expands Timor Sea decom role with new advisory contract

    Kent expands Timor Sea decom role with new advisory contract The Australian Government has picked Dubai-headquartered engineering and services company Kent to support the permanent plugging and abandonment (P&A) of an oilfield duo in the Timor Sea, offshore Australia.  The post Kent expands Timor Sea decom role with new advisory contract appeared first on Offshore…

  • Financial go for first stage of Australian 1.5 GW interconnector

    Financial go for first stage of Australian 1.5 GW interconnector Marinus Link, a 1.5 GW, 345-kilometer power interconnector project in Australia, has reached the […] The post Financial go for first stage of Australian 1.5 GW interconnector appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • World’s largest coal port plots post-coal course as China slashes imports

    World’s largest coal port plots post-coal course as China slashes imports China is slashing coal imports dramatically, forcing the world’s largest coal export port to contemplate a future beyond the black fossil fuel.  This decline is largely driven, according to analysis by Greek broker Intermodal, by rising domestic coal output in China, elevated inventories, increased…

  • Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG

    Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia. The post Multimillion-dollar jobs for Monadelphous…

  • BHP signs charters with COSCO for ammonia-powered newcastlemax newbuilds

    BHP signs charters with COSCO for ammonia-powered newcastlemax newbuilds BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia. BHP vice president of maritime and supply…

  • Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV

    Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV Fugro has made what it says is an industry-first for pipelay support services, performing […] The post Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • K Line teams with Provaris in hydrogen carrier drive

    K Line teams with Provaris in hydrogen carrier drive Japanese shipping major Kawasaki Kisen Kaisha (K Line) has partnered up with Australia’s Provaris Energy to advance compressed hydrogen shipping and offshore storage solutions. The two companies have signed a 12-month memorandum of understanding (MoU) to jointly explore the development, construction, and operation of Provaris’ H2Neo…

  • Australia places sanctions on 60 Russian tankers

    Australia places sanctions on 60 Russian tankers The government of Australia has imposed targeted sanctions on 60 vessels linked to Russia’s so-called shadow fleet used to circumvent restrictions on oil and gas exports. This move marks the first time Australia has imposed sanctions against the shadow fleet. The vessels within the fleet are operating using…

  • MMA vessel finds work on Chevron’s Western Australian assets

    MMA vessel finds work on Chevron’s Western Australian assets Australian offshore vessel player MMA Offshore, an affiliate of Singapore-based Cyan Renewables, has won a multi-year contract with Chevron’s Australian subsidiary for a high-specification platform supply vessel (PSV) from its fleet. The post MMA vessel finds work on Chevron’s Western Australian assets appeared first on Offshore…

  • Norden signs iron ore port logistics deal in Australia

    Norden signs iron ore port logistics deal in Australia Danish shipping giant Norden has signed its first port logistics project in Australia with Kimberley Metals Group (KMG), a developer and operator of iron ore mining projects. Norden will provide additional assets for the existing transhipment operation, loading iron ore from the port of Wyndham in…

  • ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon

    ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon ConocoPhillips is getting a new partner for hydrocarbon exploration activities in the Otway Basin off the coast of Australia, where the firm and its partners will look for more commercially viable natural gas reserves. The post ConocoPhillips’ hunt for gas offshore Australia…

  • DOF secures CSV work offshore Australia

    DOF secures CSV work offshore Australia Norwegian offshore vessel owner DOF has won a contract award for subsea mooring installation services in the Asia-Pacific region. The contract will utilise the 2010-built construction support vessel (CSV) Skandi Hercules with related moorings and installation subsea services. The scope of work includes DOF’s in-house project management and engineering,…

  • Australia’s gas supply secure for next quarter amid industry commitments

    Australia’s gas supply secure for next quarter amid industry commitments The Australian Government has decided not to activate the mechanism to secure additional quantities of liquefied natural gas (LNG) for 3Q 2025 as it feels confident that the current volumes are sufficient to cover the forecasted demand. The post Australia’s gas supply secure for next…

  • Nortrans pens deal with Saipem for flotel work on Chevron’s Australian project

    Nortrans pens deal with Saipem for flotel work on Chevron’s Australian project Singapore-based Nortrans Offshore has been awarded a contract with Italian giant Saipem for work on the Jansz-Io compression project offshore Western Australia. As part of this project, the company took the 200-person flotel Belait CSS 1 on a long-term bareboat charter. This is…

  • Hanwha buys Austal stake

    Hanwha buys Austal stake South Korea’s Hanwha Group has taken a 9.9% stake in Australian shipbuilder Austal almost a year after it proposed a full takeover. Hanwha on Tuesday said it had acquired 41.2m shares in Austal, paying A$4.45 a share. Hanwha said it aims to become a long-term strategic partner to the Australian shipbuilder…

  • Capesize tonne-mile uptick seen as Africa outmuscles Australia for iron ore

    Capesize tonne-mile uptick seen as Africa outmuscles Australia for iron ore Iron ore exports out of Africa are set to be one of the great growth drivers of global seaborne trades for the rest of the 2020s, new research from broker SSY shows. Guinea’s Simandou mine alone is set to deliver 60m tonnes of iron…

  • Australia’s competition regulator flags concerns over DP World’s takeover of Silk Logistics

    Australia’s competition regulator flags concerns over DP World’s takeover of Silk Logistics Australian consumer watchdog ACCC (Australian Competition and Consumer Commission) has voiced concerns over DP World’s proposed acquisition of port-to-door logistics specialist Silk Logistics. Silk operates 21 logistics hubs and 25 warehousing sites across five Australian states. The company is expected to become part…

  • Heerema’s heavy lift vessel carrying ‘engineering marvel’ to enhance production from Ichthys

    Heerema’s heavy lift vessel carrying ‘engineering marvel’ to enhance production from Ichthys Inpex has confirmed the setting of the stage for a miles-long journey, which Heerema Marine Contractors and its heavy lift vessel will undertake to bring a liquefied natural gas (LNG) booster compression module (BCM) from Indonesia to Australian waters, where it will be…

  • Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs

    Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning…

  • Transocean rig trio’s ongoing drilling gigs get an encore

    Transocean rig trio’s ongoing drilling gigs get an encore Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia. The post Transocean rig trio’s ongoing drilling gigs get an encore appeared first on Offshore Energy. Melisa Cavcic…

  • Net-zero quest: South Korea, Australia to create green shipping corridor

    Net-zero quest: South Korea, Australia to create green shipping corridor South Korea and Australia have decided to establish a green shipping corridor to support international shipping’s zero-emission goals and create an environment for eco-friendly fuel supply. The post Net-zero quest: South Korea, Australia to create green shipping corridor appeared first on Offshore Energy. Naida Hakirevic…

  • Solstad scores trifecta for a busy 2025

    Solstad scores trifecta for a busy 2025 Norwegian shipping company Solstad Offshore has secured contracts for two of its construction support […] The post Solstad scores trifecta for a busy 2025 appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Noble fixes semisub work off Australia

    Noble fixes semisub work off Australia Noble Corporation has secured more work for its semisubmersible rig, Ocean Apex, in Australia. The New York-listed rig owner said the 1976-built and 2014-upgraded unit had been fixed to an unnamed operator in direct continuation of its prior commitments in Australia. The deal is for at least 37 days…

  • Qube Ports faces more strikes across Australia

    Qube Ports faces more strikes across Australia Strikes at major Australian ports are set to continue in an ongoing dispute between unionised workers and Qube Ports over contract negotiations. Work stoppages will take place in Adelaide, Brisbane, Darwin, Gladstone, Melbourne, and Port Kembla. On Monday, union members went on strike at 10 ports around the…

  • Spliethoff targeted by the Australian Maritime Safety Authority

    Spliethoff targeted by the Australian Maritime Safety Authority The Australian Maritime Safety Authority (AMSA) has banned the Netherlands-flagged general cargo ship Marsgracht from entering Australian ports for 180 days following two incidents this year where the vessel was found to have wrongly stowed dangerous goods contrary to the International Maritime Organization’s International Maritime Dangerous Goods…

  • Australia’s TCorp invests in Cyan Renewables 

    Australia’s TCorp invests in Cyan Renewables  Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based…

  • McDermott awarded decommissioning contract offshore Australia

    McDermott awarded decommissioning contract offshore Australia Houston-based offshore contractor McDermott has secured decommissioning work for Santos offshore Western Australia. The contract worth between $50m and $250m covers engineering, procurement, removal and disposal of the Harriet Alpha platform and associated infrastructure. The Harriet Alpha platform is one of the largest facilities slated for decommissioning and will…

  • DP World buys Australia’s Silk Logistics

    DP World buys Australia’s Silk Logistics Dubai-based ports and logistics player DP World has reached an agreement to acquire Australian port-to-door logistics services provider Silk Logistics. The transaction, subject to shareholder approval of Silk Logistics and standard closing conditions, values the company at about A$174.5m ($115.6m) or A$2.14 per share. Silk Logistics operates 21 logistics…