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Tuesday
21 April 2015
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SLUGCATCHER 
The increasingly popular theory of Peak Oil Demand


AS if the oil industry did not have enough to worry about with rising production and falling prices, Slugcatcher discovered that the hot topic among energy watchers is no longer the theory of Peak Oil Supply, it’s Peak Oil Demand.
Full Story...


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The question of $90 oil which Shell can see and others cannot


Good news for the world, bad news for Santos


The remarkable world of LNG (the company)


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PREMIUM FEATURES 
Oil, growth options strong for Woodside


WOODSIDE’S “forgotten project” – the stalled 100 million barrel Greater Enfield development on the North West Shelf – is back in the spotlight with Woodside managing director Peter Coleman telling Energy News the low oil price has, conversely, improved its chances of near term development.
Full Story...


MORE PREMIUM FEATURES

Bittersweet moment as decommissioning plan underway


HSBC finds reasons to be cheerful


Apache downgraded after Aussie sales


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TECHNICAL & PRODUCT 
Distributed data collection made easy


A CUTTING edge well intervention technology has been used to acquire meaningful distributed temperature and acoustic fiber optic data during a commercial well intervention.
Full Story...


MORE TECHNICAL & PRODUCT

Virtual reality splash


Emerson’s smart move


Centek launches hinged centraliser


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LIQUIFIED NATURAL GAS 
Santos ‘oversold’


SANTOS’ LNG exposure gives it critical leverage into the Asian growth story that continues apace, analyst says, defying the bashing that has become commonplace since its stock has plummeted 37.6% in the past six months.
Full Story...


MORE LIQUIFIED NATURAL GAS

Brokers on GLNG, Malaysia find


Swedes in transport deal on North West Shelf


Exxon pleads for ‘urgent’ LNG exports


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COAL SEAM GAS 
Kinetiko JV gets new energy


PEACE has broken out in the dispute between Perth-based gas chaser Kinetiko Energy and its South African black economic empowerment partner Badimo Gas.
Full Story...


MORE COAL SEAM GAS

AGL axes CSG-linked irrigation project


Anti-CSG folk turn up heat


An unconventional balancing act


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SHALE GAS 
US to become net gas exporter in two years


THE threat of US LNG exports to Australia’s higher cost industry look likely to ramp up in a big way, with the Energy Information Administration projecting them to continue growing beyond 2017 when the EIA says the US will transition from a modest net importer of natural gas to a net exporter.
Full Story...


MORE SHALE GAS

An unconventional balancing act


Back to the future


Chevron loss ‘not the end of the world’: Icon


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SAFETY & ENVIRONMENT 
Macondo disaster anniversary marked


FIVE years on from the Macondo-1 blow-out and the Deepwater Horizon oil spill – the worst in US history – residents and ecologists say the effects of the disaster are still being felt.
Full Story...


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Science finds spill options


Woodside keeps legal options open


Supermajor influence dwindling


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CAREERS & RECRUITMENT 
Job cuts slowing as oil rout end in sight


CHALLENGER, Gray & Christmas says the US oil industry has started slowing down the pace of planned payroll cuts and layoffs, just as financial services firm Fat Prophets called the bottom in oil despite Saudi Arabia “clearly wanting to push the price lower”.
Full Story...


MORE CAREERS & RECRUITMENT

Schlumberger job cuts to hit 20,000


Gloomy figures mar jobs outlook


Waukivory woes overshadow executive shuffle


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DRILLING 
Distributed data collection made easy


A CUTTING edge well intervention technology has been used to acquire meaningful distributed temperature and acoustic fiber optic data during a commercial well intervention.
Full Story...


INDUSTRY MOVES 
Marsden takes helm at Eneabba


FORMER AWE business development minister Garry Marsden has emerged as the new chairman of the reborn Perth Basin gas hunter Eneabba Gas.
Full Story...


MORE INDUSTRY MOVES

3sun acquires specialist rope access company


Hockey signs off John Holland sale


Total, BP kill M&A hype


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PRODUCTION 
Gorgon turbines spin up


AUSTRALIA’S biggest single resources project, the mammoth $US54 billion ($A72 million) three-train Gorgon LNG project on Western Australia’s Barrow Island has just successfully started up the first of its five gas turbine generators.
Full Story...




 


Halliburton clueless on slump


HALLIBURTON CEO Dave Lesar says he has no idea how long or deep the oil price rout will run after the oilfield services giant confirmed it copped a 4% hit in revenue year-over-year.
Full Story...

Chevron cuts year off rogue floater


CHEVRON has cut a year off its charter contract for Atwood Oceanic’s Osprey semi-submersible rig – the floater that cost six days of production from Woodside’s Pluto operation courtesy of Cyclone Olwyn last month.
Full Story...

Brokers on GLNG, Malaysia find


MACQUARIE Wealth Management views that Santos’ late Q3 target for first LNG from Gladstone LNG is comfortably achievable while UBS believes it could occur in August. They also revealed their expectations of the recent Malaysian offshore discovery.
Full Story...

   CURRENT FOCUS FEATURES

Oil & Gas Consultants

Shell’s deal won’t save M&A: consultancy

Job cuts slowing as oil rout end in sight

Worley takeover buzz

Oilex reports Cambay reserves

Oil dive a chance for reinvention

US majors outperform Europeans: DW

Shell-BG twist to LNG storm

Fraccing safe with regulation: Pennsylvania report

Training centres unlock doors

Report puts numbers on Phoenix



  VIEW ALL STORIES on Oil & Gas Consultants


UPCOMING FOCUS FEATURES

MAY : APPEA 2015
MAY : APPEA 2015
JUNE : DOWNHOLE PRODUCTS & SERVICES
JUNE : FINANCING
JULY : CSG
JULY : WATER & ENVIRONMENT
JULY : CRANES & LIFTING

   TODAY'S STORIES CONTINUED


News Wrap


IN TODAY’S News Wrap: Shell’s “expensive” Arctic lessons; Morningstar slams MMA Offshore; Venezuela’s “novel plan” to take on US oil market; and Kuwait finds four new oil fields.
Full Story...

Swedes in transport deal on North West Shelf


SWEDISH player Stena Bulk has signed an agreement covering the charter of the LNG carrier Stena Blue Sky for the North West Shelf project in Western Australia to leverage what it sees as tremendous opportunities in the region.
Full Story...

Energy Briefs


IN TODAY’s Energy Briefs: CNPC head cops corruption plea; Sino seeking cash, BG’s duster; Sunbird considers IGP expansion; PNG NPC seeks funding, Coretrack swamped with demand; Dunnart test looms; Nido outline plans; MEO gets variation; Kongsberg selected for Mexican management.
Full Story...

Job cuts slowing as oil rout end in sight


CHALLENGER, Gray & Christmas says the US oil industry has started slowing down the pace of planned payroll cuts and layoffs, just as financial services firm Fat Prophets called the bottom in oil despite Saudi Arabia “clearly wanting to push the price lower”.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Mystery surrounds Shell treasurer departure; Obama appoints new FERC chair; EMCO appoints Canadian team supervisor; Weir’s double appointment; and ABS gets technology officer.
Full Story...

Move to end flaring within 15 years


ROUTINE gas flaring associated with oil fields could be ended by 2030, based on a new agreement supported by the World Bank and the United Nations.
Full Story...

Plug and play


SOLAR energy generation and storage solution provider Conergy has launched a new plug and play supply and storage system designed for remote locations that promises to reduce reliance on diesel generators by up to 70%.
Full Story...

A supercomputer called Bruce


PERTH-based DownUnder GeoSolutions is gearing up to receive the data from Polarcus Capreolus multi-client 3D seismic survey in the emerging Roebuck Basin, said to be one of the world’s largest surveys.
Full Story...

The increasingly popular theory of Peak Oil Demand


AS if the oil industry did not have enough to worry about with rising production and falling prices, Slugcatcher discovered that the hot topic among energy watchers is no longer the theory of Peak Oil Supply, it’s Peak Oil Demand.
Full Story...

AGL leaves clean coal option open


AGL Energy has vowed to close all of its coal-fired power stations in its portfolio by 2050 as part of its revised greenhouse gas policy.
Full Story...

Worley takeover buzz


UNEXPECTED share prices gains in energy services player WorleyParsons have led to speculation it has become a takeover target.
Full Story...

News Wrap


IN TODAY’S News Wrap: Origin changes mind over APLNG pipeline sale; Hedge funds bet on rising oil; Russia-Greece pipeline deal; ISIS forces lose grip of Iraqi refinery; and ex-commando boasts on Yemen LNG security.
Full Story...

Searcher sizing up PNG, Philippines potential


SEARCHER Seismic is reprocessing two prominent regional seismic datasets in the Philippines and Papua New Guinea near an area potentially holding trillions of cubic feet of gas and hundreds of millions of barrels of oil.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Seven confirms Drillsearch interest; Senex gets unnecessary debt facility; Carnegie cashes in; Eneabba flags update; Linc delays US UCG test; China to get first TLPs; US rig count falls further; North Sea job cuts continue; Hibiscus moves on Norwegian Shelf; Bulgaria plans Black Sea permits; Oman seeks investment; Statoil expands hub life; Tag boosts production; Rawson refunded; RIM boosts Elk stake; Indo LNG cargoes sold.
Full Story...

AGL axes CSG-linked irrigation project


AGL Energy has chosen not to extend a two-year irrigation program linked to its Gloucester CSG project in New South Wales despite declaring it a success.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: New CEO for World Wide Supply; new CFO for Rooster; Elmar adds Baker Hughes expert; MCW replaces director; Valeura adds geologist to board; Evergas appoints new CEO.
Full Story...

Transocean scrap pile hits 19


OFFSHORE drilling giant Transocean is scrapping the ultra-deepwater drillship GSF Explorer, the 19th floater binned since the oil downturn began last year.
Full Story...

AcelorMittal’s extreme Kashaghan job


LUXEMBOURG-headquartered multinational steel manufacturer ArcelorMittal will supply some 15,000 tonnes of clad plate to aid one of the largest oil discoveries in recent years – the Kashagan oilfield deep below Kazakhstan’s territorial waters in the Caspian Sea.
Full Story...





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