Australia LNG news

Santos has signed a mid-term LNG supply contract with Glencore Singapore Pte Ltd.

Arrow Energy, an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow Energy’s Surat Gas Project in Queensland, Australia.

Monadelphous Group Ltd has been awarded a construction contract with Woodside Burrup Pty Ltd, valued at approximately AUS$200 million.

Woodside Energy Group Ltd has entered into a definitive agreement to acquire all the outstanding shares of Tellurian for US$1.00 per share in an all-cash transaction.

Wood has secured a six-year contract to provide brownfield engineering, procurement, and construction management solutions for Shell’s Prelude floating LNG facility in Western Australia.

Wood has been selected as the lead specialist consultant for an independent study for the Sunrise joint venture’s Greater Sunrise Development.

Baker Hughes has entered into a new 10-year services frame agreement with Woodside Energy to support its LNG operations in Australia.

Bechtel has established a new office in Adelaide, South Australia.

New research from the Institute for Energy Economics and Financial Analysis shows that Australia’s LNG industry faces the looming prospect of dwindling exports and diminishing returns on investment, as global market dynamics undergo a radical shift.

A joint study has revealed that Well-to-Wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of LNGs.