Cooper Energy and Helix Energy Solutions are working together on subsea decommissioning solutions using the purpose-built Q7000 vessel, which has the stability of a compact semi-sub and the speed of a monohull.
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Origin launches capital raising
Hit by the declining oil price, which continues to squeeze energy companies’ profits, Origin today announced a trading halt and plans to raise $2.5 billion from shareholders, cut opex and sell off
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ExxonMobil submits superior” bid for InterOil”
Indeed, InterOil’s Board of Directors has determined that ExxonMobil’s offer constitutes a “superior proposal”? as defined in InterOil’s arrangement agreement with Oil Search.
Under
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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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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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Santos oil production up in 2016
Santos has closed the first quarter of 2016 with oil production up 11 per cent year on year.
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