The loss comes as sustained low oil prices continue to constrain capital expenditure and impact on the project.
Santos Chairman Peter Coates AO said the expected impairment is obviously disappointing but
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Shell sells Woodside stake
Shell has recruited two investment banks to assist with the sale of its Woodside stake, which is expected to be completed today, with settlement expected on Thursday.
“This sale is another step towards
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Earthquake stops PNG operations
As of yet there haven’t been any aftershocks, but as a precautionary measure and to assess any damage to facilities, Oil Search is in the process of shutting down its production operations in the
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P’nyang resources tripled
The certified 1C gross contingent gas resource has more than tripled, to 3.51 Tcf, while the certified 2C gross contingent gas resource has increased to 4.36 Tcf.
“Combined with gas resources in
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Ichthys imports LNG for cooldown
The facilities must be chilled before production can begin, typically by using fuel from other sites, indicating the plant is getting closer to starting output.
According to
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Woodside nears Wheatstone win
At the end of the Q3 FY18, Train 2 was 97 per cent complete with all construction systems completed and handed over to commissioning.
Acid gas removal unit degreasing and main refrigerant compressor mechanical
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Chevron’s largest float-over installation at Wheatstone
The Wheatstone project reached another major milestone with the installation of platform topsides on their offshore gas processing plant.
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