Local engineering and construction business Valmec will purchase the Australian subsidiary of US oil and gas services giant Exterran, funding the purchase through cash reserves and additional debt.
Woodside Petroleum has substantially reshaped its project portfolio after buying a minority interest in Chevron’s half-built Wheatstone LNG plant, postponing its planned Browse LNG project and acquiring a stake in a Canadian LNG development.
The state’s private electricity providers have warned that an unfavourable result in the Energy Market Review could cause problems for independent operators, ultimately stifling competition and putting pressure on power prices.
The peak national body for engineers has revealed a strong desire among its members in Western Australia to be engaged in the industry’s nascent floating liquefied natural gas developments.
Shell Australia has become the third major petroleum producer to partner with Western Australia’s leading energy research group, in a move that is expected to provide a host of opportunities for local input and collaboration on the $12 billion Prelude floating liquefied natural gas project.
One of Western Australia’s largest solar power providers is set to take a Pilbara-based corporation off-grid after striking a deal that provides electricity and battery storage at a commercially competitive rate to Horizon Power.
Engineering and infrastructure firm RCR Tomlinson has established a new subsidiary to build a power station in the Galilee basin in Queensland, with Indian company Adani Mining lined up as a foundation customer.
Pacific Energy managing director Adam Boyd has announced plans to leave the role at the end of March next year, after more than eight years at the company.
Western Australia’s clean energy sector is undergoing a shakeup after the state’s premier lobbying organisation announced it was closing and would be replaced by a WA chapter of the Clean Energy Council.
Fremantle-based Carnegie Wave Energy has celebrated the installation of its first CETO 5 wave technology unit off Garden Island, marking the start of its $30 million wave energy project.
Chevron Australia’s former general manager greater Gorgon area, Colin Beckett, has been appointed to the board of Australia’s largest onshore oil producer, South Australian company Beach Energy.
Mandurah has been revealed as the top solar postcode in Western Australia, according to a new report which also found WA lags behind every other state in Australia in terms of total renewable energy capacity.
Neon Energy may be leaving its Perth headquarters after entering into a merger implementation agreement with MEO Australia, which would create a combined entity based in Melbourne.
Energy Minister Mike Nahan has hailed the removal of the carbon price as the reason behind Western Australians receiving an 8 per cent drop in electricity prices.
Santos has called on the state government to provide more certainty on its domestic gas reservation and offsets policies, to encourage new investment in ‘domgas’ supplies.
