Australia’s Oil Search cut its full-year production forecast and said first-quarter revenue fell 14% as output from its key PNG LNG project fell.
Chevron Corp will proceed with the second stage of its giant Gorgon LNG export plant off the northwest coast of Western Australia.
The revised US$10.4 billion bid by Harbour Energy for Australian LNG producer Santos Ltd looks at first glance like a winning hand.
Over US$114bn in capital expenditure will be spent over the lifetime of the top ten upcoming oil and gas upstream projects in Oceania.
INPEX has announced that the commissioning of the Ichthys LNG project’s first train, FPSO facility, and subsea production systems has been completed in view of readiness for production startup.
A sizeable Polish delegation has used AOG 2018 to invite Australian companies to help them expand the LNG and gas transmission systems in Central and Eastern Europe.
An average capex of US$7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025.
The Australian oil and gas sector is rebounding and is about to receive a further boost from government, the audience at the first day of the AOG in Perth has heard.
Deloitte Australia’s oil and gas leader Bernadette Cullinane discusses how unambiguously fitter, leaner and more resilient the sector has become, but its efforts must not end there.