Australia
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The pairing was instrumental in Expro’s receipt of a multiyear well-intervention services contract for Chevron’s Gorgon development.
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Transmission firms say that future-proofing the pipeline network will assist the transition to a green economy.
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New regulations have recently commenced with the effect that all onshore oil and gas exploration and production proposals involving hydraulic fracturing in Western Australia now will need to be referred to the Environmental Protection Authority for assessment.
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Santos is a step closer to the go-ahead for its Narrabri coal-seam gas project after gaining approval from a government planning commission. It is planning workover activities on existing wells and an appraisal drilling program.
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Company cites COVID-19-driven decline in fuel demand in move following announcement of Australian layoff plan as latest cost-cutting measure.
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Repair work on the Gorgon LNG plant’s propane heat exchangers is underway. Planned maintenance on the Gorgon Train 2 was expected to end in July.
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Black Mountain executives outlined the key criteria they used to determine why Western Australia was a prime location for private-equity investment when looking at international unconventional plays.
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Two of the biggest assets to suffer from the new valuation are in Australia. Shell’s QGC venture and its floating liquified natural gas facility, Prelude, have been reduced in value by up to $9 billion.
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Potential suitors to acquire Chevron’s stake in the LNG project include co-owner and operator Woodside.
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The controversial surveying technique has been used around Australia to look for oil and gas, but some environmentalists and scientists have warned the effects on marine life could be deadly.