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Thursday
5 March 2015
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   TODAY'S STORIES
 
SLUGCATCHER 
The mixed fortunes of LNG projects


WHO lives and who dies was once a matter left to emperors but in the oil world today price is what determines survival – and that means a question is being asked of every proposed new development, with Slugcatcher particularly interested in the fate of LNG projects.
Full Story...


MORE SLUGCATCHER

Perfect balance in the oil world


Slugcatcher and the head-fake (or not)


The great Cooper caper


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PREMIUM FEATURES 
FIFO-suicide link ‘dangerous’


FLY-in, fly-out and layoffs common in the current stage of the cycle across several commodities cannot be directly linked to suicide, a veteran phycologist working in the resources sector says, but warns that organisations that use FIFO workforces are still potentially more at risk.
Full Story...


MORE PREMIUM FEATURES

Gorgon, Ichthys safe from global LNG cuts


UK’s ticking time bomb


Woodside, Shell lead critical LNG innovation


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TECHNICAL & PRODUCT 
C-Kore’s new subsea range


SUBSEA monitoring tools supplier C-Kore Systems has launched its new line of C-Kore devices, which allow operators to monitor subsea equipment, umbilical systems and jumpers.
Full Story...


MORE TECHNICAL & PRODUCT

Letting explorers’ fingers do the walking


Tentec’s great AOG unveiling


DNV innovation is a gas


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LIQUIFIED NATURAL GAS 
Santos chair bails amid alleged tension


SANTOS chairman Ken Borda is set to hang up his jacket at the company’s next AGM, having spent just two years in the position at the troubled Gladstone LNG leader.
Full Story...


MORE LIQUIFIED NATURAL GAS

EPA okays fourth Gorgon train


Gas uncertainty halts investment in Papua


Asian LNG premium returns


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COAL SEAM GAS 
Valmec wins $5.3M Origin contract


WESTERN Australian company Valmec Services has been awarded a $5.3 million contract to provide services to Origin Energy’s Talinga gas processing facility near Chinchilla in the Central Walloon fairway between the Berwyndale South and Argyle-Kenya CSG fields in Queensland.
Full Story...


MORE COAL SEAM GAS

UK halts Scotland permits


Mass sackings for Qld FIFO


NSW inquiry committee defies logic: APPEA


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SHALE GAS 
Mid West towns lock the gate


WHILE fraccing has been done in Western Australia for 60 years, unenforceable community frac bans have started to appear across the state as AWE and its partners work to unlock the secrets of the Perth Basin’s unconventional reservoirs.
Full Story...


MORE SHALE GAS

Top End’s irresistible momentum


Koutsantonis comes out swinging on inquiry


UK’s ticking time bomb


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SAFETY & ENVIRONMENT 
FIFO-suicide link ‘dangerous’


FLY-in, fly-out and layoffs common in the current stage of the cycle across several commodities cannot be directly linked to suicide, a veteran phycologist working in the resources sector says, but warns that organisations that use FIFO workforces are still potentially more at risk.
Full Story...


MORE SAFETY & ENVIRONMENT

IS shells Libyan oilfields


Mid West towns lock the gate


Seventh victim found from Petrobras explosion


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CAREERS & RECRUITMENT 
Gender reporting streamlined


THE federal government has scrapped new gender reporting requirements that were due to come into effect in April, answering business calls for a less onerous and time-consuming reporting system.
Full Story...


MORE CAREERS & RECRUITMENT

Price fall forces hiring paradox conundrum


Chevron intern program rivals Facebook, Google


Ex-Dart director to headline women’s awards


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DRILLING 
Democrat slams anti-fraccers


COLORADO’s Democrat Governor John Hickenlooper has issued yet another smack-down on Washington-based activist group Food & Water Watch targeting his jurisdiction, saying banning fraccing there would create an economic and legal nightmare.
Full Story...


MORE DRILLING

Top End’s irresistible momentum


Chesapeake reaches new low


Ausdrill sinks to loss


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INDUSTRY MOVES 
North Sea death spiral not as it seems?


MAYBE things are not so bad after all. Douglas Westwood believes the UK’s Department of Energy & Climate Change issuing 134 licenses in its latest round demonstrates the “ongoing attractiveness” of the region.
Full Story...


MORE INDUSTRY MOVES

FeOre looking for cash


Predator pounces on weakened Tap


Russian oligarchs blocked on UK field buy-up


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PIPELINES 
NT picks cross country gas pipeline partner


THE Northern Territory government has begun reviewing the nine initial proposals it received from industry parties interested in building a huge gas pipeline to connect the East coast to the NT’s gas fields, with a view to select a partner by September.
Full Story...


MORE PIPELINES

APA looks to QCLNG profits


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PRODUCTION 
Sino to ramp up to full capacity


SINO Gas and Energy will ramp up production to total installed capacity this year after a bumper 2014 that saw a material upgrade to its reserves and resource position and further de-risking of its Ordos Basin assets.
Full Story...


MORE PRODUCTION

Russia can’t afford new Cold War


Promising results as Jupiter battens down the hatches


Cue boosts profits and eyes acquisitions


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EPA okays fourth Gorgon train


WESTERN Australia’s Environmental Protection Authority has given Chevron and its partners its blessing to expand the Gorgon mega-project to a fourth train.
Full Story...

Qld major projects down but not out


A JOINT report released today by Construction Skills Queensland and the Queensland Major Contractors Association shows that there will be a decline in major project work over the next two years – which has always been anticipated – as the sector returns from the recent boom.
Full Story...

FIFO-suicide link ‘dangerous’


FLY-in, fly-out and layoffs common in the current stage of the cycle across several commodities cannot be directly linked to suicide, a veteran phycologist working in the resources sector says, but warns that organisations that use FIFO workforces are still potentially more at risk.
Full Story...

   CURRENT FOCUS FEATURES

Marine & Subsea

Subsea 7 extends UK work for Shell

Another Johan winner

Pioneering Spirit to tackle Johan Sverdrup

C-Kore’s new subsea range



UPCOMING FOCUS FEATURES

APRIL : UNCONVENTIONAL
APRIL : OIL & GAS CONSULTANTS
MAY : APPEA 2015
MAY : APPEA 2015
JUNE : DOWNHOLE PRODUCTS & SERVICES
JUNE : FINANCING

   TODAY'S STORIES CONTINUED


News Wrap


Oil up as Netanyahu blasts Iran; Shell can do without union workers; and Vic gas prices soar while sector becomes ‘political football’.
Full Story...

Valmec wins $5.3M Origin contract


WESTERN Australian company Valmec Services has been awarded a $5.3 million contract to provide services to Origin Energy’s Talinga gas processing facility near Chinchilla in the Central Walloon fairway between the Berwyndale South and Argyle-Kenya CSG fields in Queensland.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Nine deaths in FPSO explosion; Bass raises; CEFC’s Darwin hopes; AVEVA-EMC collaboration offers solution; ClassNK’s new oil tanker rules; Oil Basins waits again; ADX paid out in full; and Coretrack halts.
Full Story...

Industry slams Labor’s proposed tax changes


INDUSTRY and business have slammed the federal opposition’s proposed changes to tax arrangements for multinationals investing in Australia as threatening the country’s sovereign risk perception.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Unique Maritime Group names South Africa MD; DEA changes leadership post acquisition; Bibby reshuffles for growth; and MPG appoints project superintendent for pipelines.
Full Story...

Another Johan winner


JOHAN Sverdrup contracts have continued to flood into the European oil and gas sector, the latest one going to Norwegian subsea design company IKM Ocean Design.
Full Story...

Subsea 7 extends UK work for Shell


SUBSEA 7 has welcomed a two-year extension to two underwater services contracts for Shell Upstream International Europe, worth $US240 million ($A307 million).
Full Story...

Vale lifts waning Brazil while Petrobras falters


AS Brazil’s semi-public oil giant Petrobras struggles through the murky waters of corruption allegations, the country’s formerly state-run mining giant Vale is keeping out of the spotlight and quietly going about its business.
Full Story...

NT picks cross country gas pipeline partner


THE Northern Territory government has begun reviewing the nine initial proposals it received from industry parties interested in building a huge gas pipeline to connect the East coast to the NT’s gas fields, with a view to select a partner by September.
Full Story...

Canada’s booming petrochemical sector


THE oil price slump will do little to slow the uptake in petrochemical production in Canada, according to the country’s Chemistry Industry Association.
Full Story...

Renergi gets $5.2M for biofuel pilot


THE Australian Renewable Energy Agency (ARENA) has announced $5.2 million funding for Renergi to design and construct a pilot-scale biofuel production facility in Perth.
Full Story...

Timor minister to spill beans on Sunrise


TIMOR-LESTE’S Minister of Petroleum and Mineral Resources Alfredo Pires has promised to spill the beans on the “real” story about Woodside Petroleum’s on-ice Sunrise gas project, the country’s petroleum industry and its maritime borders.
Full Story...

EIA pushes Australia to stockpile more reserves


THE US Energy Information Administration has urged Australia to build its capacity to store oil supplies to insulate itself against the threat of a disruption to imports.
Full Story...

Asian oilers face poorer credit metrics as oil slides
Exclusively for Premium Subscribers


WHILE the risks of a low oil price environment have manifested in lower earnings and cash flow for most Asian oil companies, the more significant threat is the weakening of their credit metrics this year.
Full Story...

News Wrap


IN News Wrap: Oil dives on Iran speculation; “Accidental activist” Frackman tours New South Wales; BP’s boss reckons Mexico needs sweeten offshore deals; oligarch slams UK North Sea deal block as ‘irrational’; and fire engulfs Clive Palmer’s T-Rex.
Full Story...

IS shells Libyan oilfields


LIBYA’S oilfields have continued as a flashpoint for fighting in the north African country, with Islamic State militants reported to have attacked two such assets.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Parsons acquires TJ Cross Engineers; Austex downgrades realised; HRL suspends; Otto signs drillship for Hawkeye; LNGL reaches contractor milestone; New Zealand launches 2015 data pack; Sino welcomes China harmonisation; CEFC seeks Port Hedland strategy; and Petratherm sees shortfall.
Full Story...

Asian LNG premium returns


ASIAN spot LNG prices have returned to their traditionally held premium over corresponding European prices for the first time in a month.
Full Story...





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