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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
A $52 million impairment has been taken by Alcoa World Alumina Corporation on its share of the Warro gas project in the Perth Basin, after the company determined exploration results by project operator Transerv Energy did not support the existing carrying value.
The growth of solar power over the next decade could cut the price of energy in WA, according to a man involved in one of the latest projects to take a step forward.
A $69 million gas storage facility will be built near Onslow by Duet Group subsidiary DBP Development Group to help producers and consumers smooth production profiles and cover planned outages.
Sandfire Resources has encountered problems at its $40 million solar farm at the Degrussa copper mine, about six months after an ASX announcement suggested the power plant had been successfully commissioned.
Perth’s domestic gas users could have a choice between four retailers by July next year, with Sydney-based utility Origin Energy putting forward an application to the Economic Regulation Authority to enter the market.
Renewable technology company Bombora Wave Power says an independent study has confirmed the viability of its first commercial project, a 60-megawatt wave farm in Portugal, which it says will cost $180 million to develop.
