Santos invests big in Queensland

As well as upstream developments around the Fairview, Scotia and Arcadia fields, this investment includes the first year of funding for the new $750 million Roma East project which will be developed over
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Duo fail to find Bass buyer

ExxonMobil and BHP have run the 50:50 Gippsland Basin Joint Venture (JV) since the 1960s, which was one of the world’s biggest producers of oil at its 500,000 bbl/d peak in the 1980s. Exxon announced
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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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Ichthys on track for LNG production

Reuters reported last week that Ichthys has already started trial operations at the liquefaction and export plant at Bladin Point, with an INPEX spokesperson saying the plan to begin production
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ACCC authorises LNG coordination

According to the ACCC, the four LNG producers compete for a limited pool of skilled contractors and specialised equipment to conduct scheduled maintenance. “LNG producers can now schedule maintenance
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Australia and US sign LNG alliance

The Australia-US Strategic Partnership on Energy in Indo-Pacific was recently signed by Prime Minister Malcolm Turnbull during his recent visit to the US, according to
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Supply imbalance needs to be addressed: ACCC

The east coast gas market is at a crossroads and the only real choice is to address the fundamental supply problem, particularly in the south. The supply situation is most stark in the case of the southern
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Greater Sunrise dispute settled

Conciliation proceedings were conducted by the Permanent Court of Arbitration in Kuala Lumpur, Malaysia, on the 25 February 2018. The dispute arose over the maritime border between the countries, which
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NOPSEMA accepts Santos’ Barossa-Caldita proposal

The Barossa-Caldita OPP represents a significant part of the development’s approval process. In reviewing the OPP, the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)
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PNG expansion on the cards

The meetings all but confirm that ExxonMobil’s PNG LNG Project and Total’s proposed Papua LNG Project will collaborate, with Oil Search holding significant stakes in each project and acting
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