3D Oil and ConocoPhillips have executed a joint operating agreement for the T/49P permit offshore Tasmanian. ASX-listed 3D Oil reported that the agreement satisfied a key condition of the farmout signed
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Central development projects come to a standstill
Central Petroleum is anticipating that there won’t be any material impact on its production capacity, but due to the extraordinary market conditions the company has introduced a strong focus on the resilience
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Senex moves Surat Basin projects forward
Senex Energy has advised that the Easternwell Rig 27 returned to Project Atlas in the Surat Basin, Queensland in early March and has subsequently completed drilling, with two wells in production. The
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Woodside rethinks investment decisions for major growth projects
Woodside has decided to defer proposed final investment decisions (FIDs) for the Scarborough, Pluto Train 2 and Browse projects in Western Australia following the uncertain global investment environment
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Productivity Commission draft to combat industry red tape
A Productivity Commission draft report on resources sector regulations has indebted several ways that governments can reduce red tape and other barriers to develop and invest in the industry. The commission
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Jemena to assist Australia’s transition to hydrogen
Jemena, a member of the international hydrogen supply chain, is set to be part of Australia’s low carbon vision using the fuel. The international approach will be a co-ordinated partnership between
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Project Venus JV granted QLD Government approvals
Project Venus, a joint venture between Strata-X and Real Energy, is one of two gas permits in southwest Queensland that has been given the green light for exploration and development by the state government.
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Woodside, FAR explore Sangomar options with partners
The Sangomar joint venture partners are working together to evaluate all options for the oil development offshore Senegal in the current oil price slump and economic environment. Minority partner FAR stated
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NZ Oil & Gas reinforces Ironbark development plan
New Zealand Oil & Gas is confident that the partners of the Ironbark prospect in Western Australia have a well developed plan in place to deal with the challenges that COVID-19 is presenting. BP Development
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Woodside reduces workforce at WA projects
Woodside has made the difficult decision to stand down 500 workers at the Karratha and Pluto LNG plants in Western Australia in response to the impact of COVID-19. According to the Offshore Alliance,
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