clean power ships

Wärtsilä to operate Oil Search PNG gas power plant

NiuPower is an entity jointly owned by Oil Search and PNG’s national oil company Kumul Petroleum to focus on domestic power production. Under the deal, which will run for up to five years, Wärtsilä
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Chevron signs Wheatstone domestic gas agreement

Under the agreement, Chevron will supply Alinta Energy with 20 PJ/a of its equity domestic gas for seven years starting in 2020. Chevron Australia managing director Roy Krzywosinski said Wheatstone is
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New era for domestic gas marketing in WA

Last month, Synergy and Woodside reached an agreement for a spot gas purchasing contract, which provides flexibility between the parties. WA State Development Minister Bill Marmion said it was the first
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Strike signs gas supply deal

The Indicative Commercial Term Sheets cover the supply of gas from 2017, initially on an interruptible basis from the Strike Demonstration facility, with the potential to convert to firm gas supply as
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Cooper buys Santos’ Victorian gas assets

The sale results in Santos exiting from offshore Victoria. “This sale is in line with our stated objective to rationalise and shape our asset portfolio in order to become a low cost, reliable and
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Armour signs GSA with APLNG

The agreement will provide Armour with strong cash flow certainty over the early years of its transition to a production company, with contracted gas volumes of up to 3.65PJ/a. “We are pleased to
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Cooper completes acquisition of Victorian assets

Cooper has paid initial consideration of $61 million plus working capital adjustments to Santos, while a subsequent conditional consideration of $20 million is payable on the earlier FID for the Sole Gas
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Armour to acquire Santos gas interests

Armour and Santos have entered into a Sale and Purchase Deed (Deed) in respect of these preemptive right interests. On completion of the Deed, Armour’s holding in five petroleum leases around the
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AWE and AGL sign gas deal

The term sheet sets out the commercial terms for the sale of 15 TJ/d of gas, or 5.5 PJ/a, to AGL from the Waitsia Gas Project. This equates to 15 per cent of Stage 2 nominal daily production capacity and
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