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Oil & Gas Australia

Australasia’s Leading Oil & Gas Journal. Providing all the latest news, updates and developments in the oil & gas industry, sourced locally and from around the world.

Month: January 2022

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  • Neptune Energy increases production from Gjøa platform

Neptune Energy increases production from Gjøa platform

Neptune Energy announced that production from its operated Gjøa platform in the Norwegian North Sea increased by two million barrels of oil equivalents (boe) from 2020 to 2021. Gross production…

ABS Grants AIP to Innovative WTIV Integrated Feeder Barge

American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to a coordinated design for a wind turbine installation vessel (WTIV) in conjunction with the innovative BargeRack feeder barge…

New Dedicated Harbour Tug for PacTow

Pacific Towing (PacTow) has expanded its fleet with the purchase of dedicated harbour tug ‘Koranga’ from Singapore.  Koranga is scheduled to arrive in Lae in March where she will be…

Hibiscus Petroleum Completes Transformative Acquisition of High Quality Oil and Gas Assets from Repsol

Hibiscus Petroleum is pleased to announce that its indirect wholly-owned subsidiary, Peninsula Hibiscus, has successfully completed the acquisition of the entire equity interest in Fortuna International Petroleum Corporation (FIPC) on…

Shearwater, Equinor, Vår Energi and Lundin Energy Norway join forces on technology collaboration

Shearwater GeoServices and Equinor are extending their collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialisation of a sustainable marine vibratory source technology to…

Maersk Supply Service launches its new venture company, ‘Stillstrom’, to deliver pioneering offshore vessel-charging solutions

Maersk Supply Service, a part of A.P. Moller-Maersk, is launching its offshore vessel-charging venture, Stillstrom, to support the decarbonisation of the maritime industry by eliminating idle emissions. Together with Ørsted,…

2022 AI Predictions

Generational workforce changes will accelerate knowledge automation. Workforces across all industries are undergoing major, tectonic shifts. This is especially true in the industrial sector. Veteran employees are hitting retirement age,…

MDFT SECURES CONTRACT EXTENSION FOR FPSO KIKEH

MISC Berhad (MISC) announced that the Malaysian Deepwater Floating Terminal (Kikeh) Limited (MDFT), a joint venture company between MISC and SBM Holdings Inc. S.A. (SBM), had recently entered into an…

BW Offshore Agreement to divest the FPSO BW Joko Tole

BW Offshore has signed an agreement for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian…

TechnipFMC Awarded Large EPCI Contract by Petrobras for Búzios 6 Field

TechnipFMC has been awarded a large subsea Engineering, Procurement, Construction and Installation (EPCI) contract by Petrobras for its Búzios 6 field (module 7), a greenfield development in the pre-salt area.…

Bowens invests $1.2M for a sustainable future

Bowens, a fourth-generation, family-owned Australian business and market leader in supplying the largest variety of quality timber and building supplies in Australia, leads construction industry sustainability as they commit to…