ABB, the leading power and automation technology group, has been appointed the main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil and gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering, procurement and construction [...]
April 8, 2013 | Posted in
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KaroonGas Australia pre‐emptive rights WA‐315‐P and WA‐398‐P Karoon Gas Australia Ltd has notified ConocoPhillips of its intention not to exercise its right to pre‐empt the proposed sale by ConocoPhillips of a 20% interest in Browse Basin exploration Blocks WA‐315‐P and WA‐398‐P to Chinese National Petroleum Company (“PetroChina”). By not exercising its pre‐emptive right under the joint venture agreements, Karoon [...]
Davie Brough, operations manager with Sparrows in Perth, Australia, is seeing evidence of the expected growth in Floating Production, Storage and Offtake facilities in the region. His team has recently begun working on a 3 year contract with the Thai national oil company, PTTEP, to provide crane inspection and maintenance services on their Montara Venture [...]
April 2, 2013 | Posted in
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Karoon Gas Australia Ltd advises that the Proteus ‐ 1 exploration well was spudded at 04:28 hours (WDT) today, 25 March 2013. The Transocean Legend semi ‐ submersible rig is drilling the exploration well, which is operated by ConocoPhillips. ConocoPhillips is the operator of the jointly held WA ‐ 314 ‐ P, WA ‐ 315 [...]
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AusGroup Limited subsidiary AGC Industries Pty Ltd (“AGC”), an Australian based construction and fabrication company, yesterday, March 12, announced it has been awarded a supply and fabrication contract for offshore pipeline and subsea construction by Allseas Construction Contractors Australia (“Allseas”), as part of the Chevron-operated Wheatstone Project. The contract is expected to create at least [...]
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As part of a larger set of agreements, including the sale of two separate interests in Australia and a joint study agreement in China, ConocoPhillips has agreed to sell to Chinese National Petroleum Corporation (“PetroChina”) a 20% interest in the Browse Basin joint ventures covering exploration Blocks WA-315-P and WA-398-P which include the Poseidon gas [...]
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Global oil and gas service provider AGR has significantly boosted its Australian business with the launch of a new division within the region and growth of its existing Perth-based offer. AGR’s new Subsea Project Management division enhances the company’s current service portfolio, which already includes well management, reservoir management and consultancy services. With the appointment [...]
Asset Guardian Solutions Ltd (AGSL), which specialises in critical control software asset protection for the process and manufacturing industry, announced that it has secured a significant contract with Woodside. The company is Australia’s leading oil and gas producer, and one of the world’s largest suppliers of liquefied natural gas. As a result of this contract [...]
The Australiasian Oil and Gas Exhibition and Conference, Australia’s largest oil and gas event, held at Perth Convention and Exhibition Centre from 20-22 February 2013, is over for another year Here are the impressions from the final day, as reported on the event’s official blog: “AOG is over for another year. This year saw an [...]
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Karoon Gas Australia Ltd advises that at 06:00 hours (WST) Tuesday, February 20, Zephyros-1 well was drilling out the 7-5/8” liner shoe in preparation for drilling ahead in the 6-1/2” hole section. Since the last report, the 8-1/2” inch hole was drilled from 4000m to 4822m and 7-5/8” liner was run and cemented. The Transocean [...]