Australia set for decommissioning market explosion

Australia set for decommissioning market explosion

Region: Australia
Topics: Decommissioning
Content Types: Report
Date: June, 2021

A report by Rystad Energy has predicted that with Australia about to see the largest-ever wave of offshore development wells reaching the end of their producing life, the decommissioning market in reg...

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ExxonMobil and Chevron strike back at Australian Government over decommissioning levy

ExxonMobil and Chevron strike back at Australian Government over decommissioning levy

Region: May, 2021
Topics: Decommissioning
Content Types: Report
Date: May, 2021

The Australian oil and gas industry is, unfortunately, making all the wrong headlines at the moment as a serious row over a decommissioning levy proposed by the Australian Government continues to rage...

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Northern Endeavour decommissioning levy sparks industry row

Northern Endeavour decommissioning levy sparks industry row

Region: Australia
Topics: Decommissioning
Content Types: Report
Date: May, 2021

The Australian government has come under fire after it announced, in its 2021-22 budget, a levy to cover the cost of decommissioning facilities around the Lamarinaria-Corallina oil fields in the Timor...

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Cooper Energy procure Q7000 for BMG abandonment

Cooper Energy procure Q7000 for BMG abandonment

Region: Australia
Topics: P&A
Content Types: Report
Date: Apr, 2021

Cooper Energy have, in their most recent quarterly report, confirmed more details for the abandonment work they have organised with Helix Energy Solutions in Australia with the announcement that they ...

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Santos confirms biggest investment in Australia’s oil and gas sector since 2012 with Barossa FID

Santos confirms biggest investment in Australia’s oil and gas sector since 2012 with Barossa FID

Region: Australia
Topics: Commercial Transactions
Content Types: Report
Date: Apr, 2021

Santos, as operator of the Barossa joint venture, has announced that a final investment decision (FID) has been taken to proceed with the US$3.6bn gas and condensate project, located offshore Australi...

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BW Offshore secures FPSO contract for Barossa field

BW Offshore secures FPSO contract for Barossa field

Region: Australia
Topics: Commercial Transactions
Content Types: Report
Date: Mar, 2021

Santos has awarded a major contract to BW Offshore (BWO) for the construction, connection and operation of the Floating Production, Storage and Offloading vessel (FPSO) for the Barossa gas field, loca...

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FTAI Ocean and Expro form well intervention vessel alliance to bolster capabilities and resources

FTAI Ocean and Expro form well intervention vessel alliance to bolster capabilities and resources

Region: All
Topics: Intervention
Content Types: Report
Date: Mar, 2021

Expro Group (Expro), an international oilfield service company, has signed a three-year agreement with global vessel provider FTAI Ocean LLC (FTAI Ocean), a subsidiary of Fortress Transportation and I...

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Carnarvon contracts Noble Tom Prosser to repeat success in Dorado field

Carnarvon contracts Noble Tom Prosser to repeat success in Dorado field

Region: Australia
Topics: Drilling
Content Types: Report
Date: Mar, 2021

Carnarvon Petroleum Limited (Carnarvon) has announced that the Noble Tom Prosser jackup drilling rig has been contracted to drill the Pavo-1 and Apus-1 exploration wells in the Dorado Field in the Bed...

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Petrofac to perform much needed P&A work in Australia

Petrofac to perform much needed P&A work in Australia

Region: Australia
Topics: P&A
Content Types: Report
Date: Feb, 2021

Petrofac’s Engineering and Production Services (EPS) business has secured a Well Project Management contract in Australia with PTT Exploration and Production (PTTEP). Under the agreement, Petrofac ...

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