Oil and gas producer Woodside has struck a binding sale and purchase agreement to acquire joint venture partner Capricorn Senegal’s entire participating interest in the Sangomar offshore and Sangomar deep offshore (RSSD) project, in Senegal.
The bind…
Woodside signs Sangomar deal Read More »
Advisory firm Wood Mackenzie (Woodmac) has estimated that the North West Shelf (NWS) liquefied natural gas (LNG) project, offshore Western Australia, would have nearly 40% of spare capacity by 2027.
Woodmac has estimated that the NWS project would ha…
NWS needs more input – Woodmac Read More »
US oil and gas major Chevron on Wednesday said that it would need additional time to complete repairs of propane heat exchangers on the second train at its Gorgon liquefied natural gas (LNG) project at Barrow Island.
Weld quality issues were discovere…
Chevron delays Gorgon Train 2 restart Read More »
The federal government has released 42 areas in Commonwealth waters off Western Australia, Victoria, Northern Territory and the Territory of Ashmore and Cartier Islands for its 2020 Offshore Petroleum Exploration Acreage release.
Approximately 100 000…
New oil and gas exploration acreage released Read More »
ASX-listed Oil Search has reported a 264% fall in net profits after tax for the first half of 2020, as oil prices tumbled amid the Covid-19 pandemic.
The company on Tuesday reported a net loss after tax of $266.2-million, compared with a net profit o…
Falling oil price hits Oil Search Read More »
ASX-listed Senex Energy has reported increased production and sales revenue for the full year ended June as the company completed it’s A$400-million Surat Basin gas development projects.
Production for the full year was up 73% on the previous financia…
Senex’s higher production drives increased revenue Read More »
President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the Black Sea, its biggest ever energy discovery, and hopes to begin production by 2023.
The Fatih drilling ship located the deposit in the so-called Tuna-…
Erdogan unveils Turkey’s biggest ever natural gas discovery Read More »
The government of Senegal has increased its stake in the Sangomar offshore and Sangomar deep offshore (RSSD) exploitation area from 10% to 18%.
ASX-listed FAR said on Thursday that the state oil company Petrosen’s decision to increase its stake in the…
Senegal increases interest in Sangomar Read More »
Oil and gas giant Santos has reported a 48% fall in underlying profits for the six months ended June, with the company swinging to a net loss after tax. The company has reported a net loss of A$289-million, down from a net profit after tax of A$388-mil…
Santos swings to a loss Read More »
Falling oil and liquefied natural gas (LNG) prices has seen ASX-listed Origin Energy report a significant fall in profits and earnings for the full year ended June.
The company has reported statutory profits of A$83-million for the 12 months ended Ju…
Oil prices hit Origin Read More »
