Woodside has doubled a supply contract for its proposed Scarborough project, following a record year for Australian production and LNG prices hitting highs.
Santos has approved a $US235 million drilling program to extend the life of its Bayu-Undan field in the Timor Sea as a backfill to the Darwin LNG plant.
The state government has disclosed that nearly all gas from the onshore Waitsia project will be exported, at least for the initial six years of production.
A bushfire warning for Kwinana has been downgraded, after hundreds of local employees were earlier asked to stay home to avoid the risk of toxic fumes.
Strike Energy shares bounced back from early selling today after investors absorbed an update that detailed short-term drilling delays but longer-term positives for its Perth Basin gas project.
Woodside Petroleum’s Scarborough LNG project faces a new hurdle after the Conservation Council of WA lodged a Supreme Court action to overturn environmental approvals.
Chevron will finish the year with both its Gorgon and Wheatstone LNG projects partly shut down due to safety concerns just as the LNG price soars to six times higher than its mid-year lows.
Woodside Petroleum has announced Peter Coleman will retire as chief executive before the end of next year, with three internal candidates likely to be in contention for the role.
A planned pipeline fabrication facility near Exmouth has been cancelled months after a ministerial decision to launch a special review into developments in the area.
Matrix Composites & Engineering was trading 20 per cent higher this morning after announcing a new technology agreement with oil and gas major Woodside Petroleum.
Oil and gas producer Inpex has joined other big companies in the resources sector by permanently shifting east coast fly-in, fly-out workers to Western Australia.
Perth-based oil and gas contractor Valmec has announced a major growth plan, which involves expanding its asset services to account for half of the company’s order book.
Oil and gas contractor MMA Offshore has launched an $80 million equity raising to reduce its total debt, while chairman Andrew Edwards has announced his resignation.
Pluto Train 2 has advantages bringing Scarborough gas to market compared to the Karratha gas plant, Woodside said today, while flagging huge potential for carbon storage offshore of WA.
Two production licences have been granted for Woodside’s Scarborough project, but there are still hurdles before a final investment decision due late next year.
