Santos Energy

ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned.

Gas production from the new field will be used to backfill the joint venture’s LNG plant at Caution Bay.

Australian E&P rivals will merge to form a $16-billion producer with diverse asset set weighted toward natural gas and LNG.

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.

The oilfield services company's Tubular Running Service was recognized for reducing costs, maximizing safety.

Unprecedented, perfect storm, a black swan event—all ways of describing the situation the oil and gas sector finds itself in right now. Here’s an analysis on the near-term outlook for projects in Asia Pacific.

The Australian company upped its forecast of initial oil production out of the field from 50,000 B/D to somewhere between 75,000 and 100,000 B/D. It expects to spend between $1.9 billion and $2.2 billion on the field's development.

The deal for ConocoPhillips’s northern Australian portfolio will help the Australian company boost its position in the country’s gas market, as it gains majority ownership in a set of key assets including Darwin LNG and the Barossa project.

Santos Energy said its second and final flow test from the Dorado field suggests potential flow rates of around 30,000 B/D from each Caley reservoir production well.

Approximately $200 billion in projects worldwide are racing to be approved over the next 2 years. The race is not just to make FIDs on projects, but also to enter FEED work to lock in contractors before others do.