Oil Search plans to raise $US700 million ($1.160 billion) as it manages the financial challenges caused by the oil price …
Triangle returns to production with contract award
Triangle Energy has returned to a steady production rate at the Cliff Head oil field in Western Australia following an …
Santos downsizes with job cuts amid COVID-19
Santos plans to slash its contingent workforce by 150 employees to reflect reduced project work, while a further 500 employees …
Woodside receives NOPSEMA green light for Scarborough
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted an offshore project proposal (OPP) from Woodside to …
Oil Search to raise $1.16bn as oil decreases
Oil Search plans to raise $US700 million ($1.160 billion) to secure additional financial strength as it manages a challenging market …
SA Government provides relief to resources industry
The South Australian Government has deferred the costs linked to exploration and licence fees for the minerals and petroleum sectors …
Southeast Asia rig utilisation predicted to drop: Rystad
Southeast Asia’s rig market, previously poised for growth in 2020 is now set to decline following the impact of COVID-19 …
Ensuring Australia benefits from oil and gas
Andrew McConville may have only been the Australian Petroleum Production & Exploration Association (APPEA) chief executive officer for a year, …
AEMO flags 2024 east coast gas shortfall
The Australian Energy Market Operator (AEMO) has reported that current supply from exisiting and committed gas developments on Australia’s east …
Oil Search restructures workforce amid challenges
Oil Search has taken action to ensure its business remains stable following the challenges that the oil and gas industry is …