Santos has approved US$235 million worth of investment for an infill drilling campaign that will extend the life of the Bayu-Undan field offshore East Timor. As a result, the Santos-led Darwin LNG export plant, which is fed by the aging field, will not need to be shut down while new supplies of gas are developed.
A pair of oil and gas fields controlled by Japanese companies offshore Vietnam could become a potential flash point in the disputed waters of the South China Sea as Beijing continually seeks to aggressively assert its claims.
Repsol’s potential fast-track development of its Kali Berau Dalam (KBD) giant gas discovery in Indonesia is at risk as the company struggles to agree an attractive sales price with the government.
The Covid-19 pandemic has increased the number of oil and gas assets being put up for sale globally past 12.5billion barrels in reserves, according to new analysis.
Total said today that the first cargo of liquefied natural gas (LNG) from Ichthys has left Darwin, Australia, following the production start-up at the end of July.
Abu Dhabi National Oil Company (Adnoc) has reached an agreement to increase production capacity from the offshore Upper Zakum oil field to 1million barrels per day (bpd) by 2024.
Wood Group has acquired the operations of all subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia.
Japanese firm Inpex has signed a memorandum of understanding for the development of an Iranian oilfield in which it used to hold a stake, a news report said.
A panel will meet for the first time this week as part of an investigation into the potential impacts of fracking in the Northern Territory of Australia.