BlueFloat, Estate Energy plan 4.3 GW of Australian offshore wind
Floating wind developer BlueFloat Energy and consultancy Estate Energy have announced joint plans for three wind projects offshore Australia.
Australia
Woodside, Osaka Gas, and Keppel, team up for liquid hydrogen
Australia’s Woodside (ASX:WPL) is studying the technical and commercial feasibility of a liquid hydrogen supply chain from Western Australia to Singapore and potentially Japan.
Woodside awards giant subsea deal for Scarborough LNG offshore Australia
Subsea Integration Alliance, comprising Subsea 7 and OneSubsea, will provide engineering, procurement, construction, and installation (EPCI) of subsea pipelines and production systems for Woodside’s Scarborough project offshore north West Australia after announcing the deal.
Santos awards Baker Hughes CCS deal in Australia
US-based Baker Hughes (NASDAQ:BKR) will supply Santos’ (ASX:STO) Moomba carbon capture and storage (CCS) project in Australia with turbo machinery equipment.
Upstream oil and gas exploration is back in Asia Pacific
After two years of mediocre activity levels brought on by budget cuts and pandemic-related restrictions there will be an uptick in 2022 as operators work their way through the backlog in Asia Pacific.
As gas prices surge Australian LNG developers make more money than US exporters
Extraordinary global gas prices are benefitting Australian liquefied natural gas (LNG) exporters. At current spot prices Australian LNG producers can make even larger margins on spot sales than US exporters, with estimated margins of over US$30 per million British thermal units (MMBtu), due to shorter shipping distances to Asia, said Australian consultancy Energy Quest.
Australian LNG under threat in China market
Australia, which is profiting from surging gas prices in Asia, remains the largest liquefied natural gas (LNG) supplier to North Asia. But its market position in the booming Chinese market is under threat, warned Australian consultancy Energy Quest.
Sembcorp Marine wins Bechtel deal for Pluto LNG T2
Singapore’s Sembcorp Marine (SGX:S51) will perform module assembly for the second liquefied natural gas (LNG) train to be built at Woodside’s Pluto development in Australia following a contract award from engineering company Bechtel.
$10.75bn Australian green hydrogen export project set to go ahead
The proposed $10.75 billion 10GW Desert Bloom hydrogen scheme in Australia’s Northern Territory (NT), backed by an as yet unidentified Japanese gas buyer, looks set to proceed next year after being granted major project status by the local government.
US to be LNG top dog by end 2022
The US will become the world’s largest LNG exporter by the end of 2022, according to the Energy Information Administration (EIA).
Santos sells stake in Barossa LNG project to JERA for $300m
Santos said today that it has signed a $300 million deal to sell a 12.5% interest in the Barossa project in Australia to Japan’s JERA.
Baker Hughes wins Pluto LNG deal
Baker Hughes (NASDAQ:BKR) has been awarded a contract by Bechtel to provide high-efficiency gas turbines and centrifugal compressors to support the expansion of the Pluto liquefied natural gas (LNG) onshore processing facility in Western Australia, which is operated by Woodside (ASX:WPL).
Woodside targeting $5bn investment in new energy
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) said today that it is targeting $5 billion worth of investment in new energy products and lower-carbon services by 2030.
Woodside eyes first mover advantage in North Asian hydrogen markets
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is busy positioning itself for a future in which hydrogen may play a growing role in the energy mix. Significantly, it is working closely with customers in its traditional LNG export markets – particularly Japan and South Korea – to meet demand for cleaner forms of energy.
Shell evacuates staff from Prelude FLNG after outage following fire
Shell has evacuated non-essential staff from its floating liquefied natural gas (FLNG) facility in northwest Australia as the operator struggled to restore power that knocked out operations last week following a fire last Thursday.
Shell seeks to reduce and recycle waste in Australia
Western Australia’s entrepreneurial small businesses (SMEs) have the opportunity to partner with big industry by identifying solutions to reduce and recycle waste across the energy sector, thanks to a novel partnership between NERA (National Energy Resources Australia) and Shell.
Hoegh wins deal to supply FSRU for Australian LNG import terminal, eyes green hydrogen
Norway’s Hoegh LNG will supply the first floating storage and regasification unit (FSRU) to operate at the Port Kembla Energy Terminal being developed by Australian Industrial Energy (AIE) in Australia under a long-term charter deal.
Is Santos and Eni’s CCS plan in the Timor Sea ‘carbon colonialism’?
Fast-moving plans for a Santos-led carbon capture and storage (CCS) project at the Bayu Undan field offshore East Timor, that would see the nation import Australia’s waste, have been described as “carbon colonialism” by independent thinktank La'o Hamutuk.
Costs rising for Santos’ Barossa FPSO as supply chains stressed, says BW Offshore
Norway's BW Offshore (OL:BWO) said that the Barossa floating production storage and offloading (FPSO) vessel project for Santos (ASX:STO) is experiencing some cost increases due to price inflation for materials.
Kincardine developer wins funding for Australian offshore wind project
A Scottish offshore wind firm has won more than a million pounds to accelerate the development of a project off Australia.
Woodside’s $12 billion gas project is sparking a new climate debate
A $12 billion liquefied natural gas (LNG) investment approved in Australia leads a wave of projects betting demand will rise as the world shuns more polluting alternatives like coal.
Woodside’s Scarborough looks more competitive than US LNG
Woodside’s (ASX:WPL) $12 billion Scarborough and Pluto Train 2 project, which was sanctioned yesterday, is expected to supply liquefied natural gas (LNG) into Asia at a more competitive price compared to US LNG export developments.
Woodside approves $12bn Scarborough LNG development
Woodside (ASX:WPL) has taken a final investment decision (FID) on the giant $12 billion Scarborough and Pluto liquefied natural gas (LNG) project in Australia.
Fugro goes autonomous in operations and maintenance
Fugro is transforming its business through a shift to remote and autonomous vessels, with the aim of accelerating decision making – while also cutting emissions.
Shell buys Australian energy retailer, eyes cleaner electricity
Shell (LSE:RDSA) said today that it will acquire Powershop Australia, an online energy retailer serving more than 185,000 customers, as it positions itself for the energy transition in Australia.