Santos Energy
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Despite a 2.8% drop in LNG exports in 2025 due to lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, east coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
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BW Opal FPSO has capacity for 850 MMcf/D of gas, which will be treated and sent on to the Darwin LNG facility, and 11,000 B/D of condensate, which will transferred via tanker.
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Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
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The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
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Carnarvon basin job will be McDermott’s largest decommissioning project to date.
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The $220-million carbon capture and storage project is one of the world's largest, with a nameplate injection capacity of 1.7 mtpa.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040.
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The newbuild FPSO is destined for the giant Australian gas project in 2025.
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HiberHilo will be used to monitor remote oil and gas wells in Papua New Guinea, providing real-time performance and safety data.
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